When was Freto founded?

Freto was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Freto located?

Freto is headquartered in Barueri, Brazil.

How many employees does Freto have?

As of Aug 31, 2026, the latest employee count at Freto is 93.

Is Freto a funded company?

Freto is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Jul 20, 2021.

When was the latest funding round of Freto?

Freto's latest funding was a $***** Seed round on Jul 20, 2021, with participation from 2 investors.

Where does Freto rank among its competitors?

Freto ranks 5th amongst 42 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was goFlux, which secured $6M in Apr, 2024.

Who are the top competitors of Freto?

Freto's top competitors include Loadsmart, TruckPad and goFlux. Among them, goFlux secured the most recent funding round in April, 2024.

Freto - 2026 Company Profile, Funding & Competitors

Company Details

A freight transportation platform connecting carriers to truck drivers utilizing technology to optimize logistics operations. It is a technology-enabled freight transportation company that connects carriers to truck drivers, streamlining the logistics process in road freight transport market.

Website: freto.com.br
Social
Email ID: *****@freto.com

Key Metrics

Founded Year

2018

Location

Barueri, Brazil

Stage

Seed

Total Funding

$4.35M in 1 round

Latest Funding Round

Seed, Jul 20, 2021, $*****

Investors

Quartz & 1 more

Ranked

5^th among 42 active competitors

Employee Count

93 as on Aug 31, 2026

Similar Companies

Uber Freight & 1055 more

View Freto's full profile

Freto has raised a total funding of $4.35M over 1 round. Its latest funding round was a Seed round on Jul 20, 2021 for $*****. 2 investors participated in its latest round. Freto has 2 institutional investors.

Here is the list of recent funding rounds of Freto:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 20, 2021	7956397	Seed	7457213	1907568	4181323	6408363

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View details of Freto's funding rounds and investors

Freto's employee count trend

Freto has 93 employees as of Aug 26. Here is Freto's employee count trend over the years:

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Top competitors of Freto include Loadsmart, TruckPad and goFlux. Here is the list of Top 10 competitors of Freto, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Loadsmart 2014, New York City (United States), Series D	Online marketplace for booking trucking services	$384M	Maersk Growth, Chromo Invest & 22 others	67/100
2nd	TruckPad 2014, Sao Paulo (Brazil), Acquired	Connecting shippers to independent truck owners	-	TORA, Naspers & 1 others	43/100
3rd	goFlux 2015, Sao Paulo (Brazil), Series A	AI and web based digital freight marketplace for food grains	$12.1M	Capria, SP Ventures & 7 others	41/100
4th	Buscacargas 2014, Sao Paulo (Brazil), Unfunded	Online marketplace for road freight transportation	-	-	38/100
5th	Freto 2018, Barueri (Brazil), Seed	A freight transportation platform connecting carriers to truck drivers utilizing technology to optimize logistics operations	$4.35M	Edenred Ventures, Quartz	38/100
6th	Vuxx 2015, Sao Paulo (Brazil), Acquired	Offers a marketplace for connecting forwarders & freight drivers	-	-	32/100
7th	Trizy 2017, Ponta Grossa (Brazil), Unfunded	Offers an app for managing truck transportation services	-	-	32/100
8th	Fretefy 2018, Curitiba (Brazil), Seed	Provides solutions for freight forwarders	$1.08M	Lorinvest	31/100
9th	Simplifica Fretes 2016, Varginha (Brazil), Seed	Online marketplace for drayage services	-	BMG UpTech, CNT & 1 others	31/100
10th	Brasil Fretes 2015, Sao Paulo (Brazil), Unfunded	Online marketplace for freight transportation	-	-	30/100