# Frayt Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/frayt-technologies

- Industry: Logistics & Distribution
- Headquarters: Cincinnati, US
- Website: www.frayt.com
- Total disclosed funding: $6.4M
- Latest round: Series A (Dec 19, 2022)
- Investors on record: 4

## About

Based in Ohio, US, and founded in 2017 by CEO Luke Denny and co-founder Lawrence McCord, Frayt Technologies, Inc. operates as a software company providing delivery technology for customers to do last-mile delivery. In December 2022, Frayt Technologies, Inc. raised USD 6.43 million in series A funding led by new investor Refinery Ventures, with participation from Capital Midwest Fund, JobsOhio Growth Capital Fund, and Venture 53.

Frayt Technologies, Inc. provides an on-demand delivery platform for businesses to fix time and delivery for their customers. The company offers mobile applications for Android and IOS smartphone users. In addition, the company serves industries such as Kroger, Sherwin Williams, Wesco, firestone, and Fern. As of 2023, the firm offers its services to industries such as retail, building materials supply, manufacturing, logistic, and transportation.

## Funding rounds

- Series A, Dec 19, 2022, $6.4M — Capital Midwest Fund, Refinery Ventures, Venture 53, JobsOhio Growth Capital Fund

## Investors

- Capital Midwest Fund (https://capitalatlas.ai/funds/capital-midwest-fund) — Series A
- Refinery Ventures (https://capitalatlas.ai/funds/refinery-ventures) — Series A
- Venture 53 (https://capitalatlas.ai/funds/venture-53) — Series A
- JobsOhio Growth Capital Fund — Series A