Tech Company Financing Transactions
Frayt Funding Round
Frayt, based in Cincinnati, received $7 million in investment from Refinery Ventures, Capital Midwest Fund and JobsOhio Growth Capital Fund.
Transaction Overview
Company Name
Announced On
4/11/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to drive product innovation, support rapid market expansion and grow its team.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1435 Vine St
Cincinnati, OH 45230
USA
Cincinnati, OH 45230
USA
Phone
Undisclosed
Website
Email Address
Overview
FRAYT is a tech company that brings professional, on-demand shipping to businesses through an intuitive web platform and phone app. We're headquartered in Cincinnati, OH and provide service all across the United States.
Management Team
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About Our VC Transactions Data
We report on tech company VC transactions. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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