When was Frayt Technologies founded?

Frayt Technologies was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Where is Frayt Technologies located?

Frayt Technologies is headquartered in Cincinnati, United States.

How many employees does Frayt Technologies have?

As of Sep 30, 2026, the latest employee count at Frayt Technologies is 76.

Is Frayt Technologies a funded company?

Frayt Technologies is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Jan 13, 2023.

When was the latest funding round of Frayt Technologies?

Frayt Technologies' latest funding was a $***** Series A round on Jan 13, 2023, with participation from 4 investors.

Where does Frayt Technologies rank among its competitors?

Frayt Technologies ranks 6th amongst 53 active competitors, of which 11 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Standard Fleet, which secured $13M in Sep, 2025.

Who are the top competitors of Frayt Technologies?

Frayt Technologies' top competitors include Veho, Workhorse Group and deliver better. Among them, Standard Fleet secured the most recent funding round in September, 2025.

Frayt Technologies - 2026 Company Profile, Funding & Competitors

Company Details

Offers a platform providing on-demand last-mile delivery services. It provides door-to-door delivery services including last-mile shipping, retail shipping, local pick-up & delivery, and small-business shipping. The application connects shippers with drivers. The application is available for android and IOS users.

Website: www.frayt.com/
Social
Email ID: *****@frayt.com

Key Metrics

Founded Year

2017

Location

Cincinnati, United States

Stage

Series A

Total Funding

$10M in 1 round

Latest Funding Round

Series A, Jan 13, 2023, $*****

Investors

Refinery & 3 more

Ranked

6^th among 53 active competitors

Employee Count

76 as on Sep 30, 2026

Similar Companies

Veho & 385 more

View Frayt Technologies' full profile

Frayt Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Frayt Technologies, Inc. CIN: 822320483 , United States, Active	Jan 12, 2023	-	28 (As on Dec 31, 2024)	-

Frayt Technologies has raised a total funding of $10M over 1 round. Its latest funding round was a Series A round on Jan 13, 2023 for $*****. 4 investors participated in its latest round. Frayt Technologies has 4 institutional investors.

Here is the list of recent funding rounds of Frayt Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 13, 2023	2831601	Series A	9076521	8594607	2077516	1708688

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View details of Frayt Technologies's funding rounds and investors

Frayt Technologies' employee count trend

Frayt Technologies has 76 employees as of Sep 26. Here is Frayt Technologies's employee count trend over the years:

Employee count trend for Frayt Technologies

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Top competitors of Frayt Technologies include Veho, Workhorse Group and deliver better. Here is the list of Top 10 competitors of Frayt Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Veho 2016, Boulder (United States), Series B	AI-enable last-mile delivery services for e-commerce companies	$300M	SoftBank Vision Fund, Tiger Global Management ... & 15 others	72/100
2nd	Workhorse Group 2007, Cincinnati (United States), Public	Manufacturer of electric vehicles and related components for transportation solutions	$35.8M	ARK Investment Management, Marathon Asset Management ... & 4 others	64/100
3rd	deliver better 2016, Ottawa (Canada), Series A	Platform offering last-mile delivery services through electric vehicle fleet	$23.5M	Builders VC, CEMEX Ventures & 10 others	62/100
4th	Standard Fleet 2021, Walnut (United States), Series A	SaaS-driven provider of EV fleet management solutions	$20M	Canvas Ventures, Alex and Bart's Angel Fund ... & 25 others	60/100
5th	PICKUP 2014, Addison (United States), Series B	Provider of a platform for on-demand same-day delivery services	$30M	TDF Ventures, NewRoad Capital Partners & 16 others	53/100
6th	Frayt Technologies 2017, Cincinnati (United States), Series A	Offers a platform providing on-demand last-mile delivery services	$10M	JobsOhio, Refinery & 2 others	51/100
7th	AxleHire 2015, San Francisco (United States), Series B	Last mile delivery service for businesses	$44.6M	Acorn Pacific Ventures, Eclipse & 9 others	46/100
8th	Stor Ai 2014, Brooklyn (United States), Acquired	Unified digital commerce platform empowering retailers with personalized shopping experiences	$21M	Invesco, Mizrahi-Tefahot Bank & 6 others	44/100
9th	My Home Delivery 2020, Englewood Cliffs (United States), Unfunded	Offers an app providing on-demand trucking services	-	-	42/100
10th	Pandion 2013, Bellevue (United States), Deadpooled	A parcel delivery network designed for e-commerce fulifllment	$76.4M	Revolution, Telstra Ventures & 8 others	38/100