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An anything-delivered startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow™
The Daily Dealflow ™ newsletter delivers one startup to your inbox every work day and is presented by Silicon Valley Bank.
Startup of the Year™ discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, #SOTYPodcast, and more.
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Frayt Technologies
FRAYT is a technology based business that provides peer-to-peer logistics service via web and smartphone applications.
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Frayt provides an on-demand peer-to-peer shipping service through an automated web and mobile platform. Commercial Shippers use Frayt to efficiently and cost-effectively move their goods (e.g. a commercial supplier/distribution service with regular, weekly deliveries). Drivers, who own and operate their own vehicle, use Frayt to earn extra income by utilizing their down time and excess cargo capacity.
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What's Innovative About Their Solution?
Through digital automation (web & mobile app) they're removing layers of bureaucracy, providing transparency, and doing it all at market competitive rates.
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📍 Location
Cincinnati, Ohio
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⚙️ Product Stage
Alpha—Public
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🏭 Industries
B2B, B2B, Logistics
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🤑 Fundraising Status
Actively raising
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💸 Total Funding
To Date
$100k-500k
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🙌 Founder Demographics
Veteran founder
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Big Wins
- During the spring launch, made on average 10 Matches (our term for a delivery) per month.
- For the last three months achieved over 100 Matches per month.
- February 34 Matches; March 121; April 194, May 300+ matches
- Signed notable customers including: The Tile Shop (National); Bridgestone/Firestone (National); Equipment Depot (Regional); The Fern Company (National);
- Currently in discussions with The Kroger Company, Costco, At Home, and TJX (Home Goods).
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Contact the Founder:
Clancy Boyer
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow ™ newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. Thank you to American Airlines and Silicon Valley Bank for your sponsorship! |
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Thank you to our Daily Dealflow Sponsor!
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Startup of the Year is powered by Established, a consultancy focused on helping organizations with their innovation, startup, and communication strategies.
Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), Established leverages decades of experience to help collaborators further (or create) their brand & accomplish their most important goals.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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