Tech Company Financing Transactions
Frate Funding Round
Frate, operating out of Toronto, Ontario, secured $2.6 million in funding from Matchstick Ventures, 2048 Ventures and Closed Loop Partners.
Transaction Overview
Company Name
Announced On
9/18/2024
Transaction Type
Venture Equity
Amount
$2,600,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
RetailTech
Mailing Address
Undisclosed
Toronto, Ontario, Undisclosed
Canada
Toronto, Ontario, Undisclosed
Canada
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Frate is the only ecommerce returns automation platform built to decrease returns volume, featuring one-click exchanges, peer-to-peer returns, and AI-powered virtual condition assessment.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bailey Newton
Chief Technical Officer
Yenn Lei
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