Frate
Latest round
- Seed
Last raised
- Sep 2024
Total raised
- $2.6M
Investors
- 5
About Frate
Established in 2022 and based in Toronto, Canada, Frate Inc.Frate Inc. from Whitecap Venture Partners, Bessemer Venture Partners, Matchstick Ventures, Closed Loop Partners, and 2048 Ventures. Financial terms of the transaction were not disclosed. The firm’s customers include Prana Vida, Perfected, Good For Sunday, and Cedar & Vine. The firm’s platform allows retailers to ship returns directly from one customer to another without having to ship them back to the retailer first. The platform handles return mail, prints labels, processes refund automatically, and reduces dead inventory. The business also provides EcoDrop analytics and insights to assist retailers in monitoring and assessing their environmental impact. The acquisition aims to expand its post-purchase capabilities by integrating Frate’s returns and exchanges technology into a unified platform.
Who invested in Frate
5 investors across 1 round
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Funding rounds
Seed
Sep 18, 2024
Amount
$2.6M
Investors
Questions about Frate
Who invested in Frate?
Frate has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Frate raised?
Frate has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Frate last raise money?
Frate's most recent round on record is a Seed, in Sep 2024.
What does Frate do?
Established in 2022 and based in Toronto, Canada, Frate Inc.
Where is Frate headquartered?
Frate is headquartered in Toronto, Canada.
Which VCs invest in companies like Frate?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Frate's stage. Their profiles are linked below.
VCs backing software startups at Seed
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