How much funding has Cloudfret raised?

Cloudfret has raised $3.1M in total funding, most recently a Seed round.

Where is Cloudfret headquartered?

Cloudfret is headquartered in Casablanca, Morocco.

What industry is Cloudfret in?

Cloudfret operates in Supply Chain.

Cloudfret

Q: Who are Cloudfret's investors?

Cloudfret's investors include Afrimobility, Azur Innovation Fund, Plug and Play.

The one-stop platform for road freight optimisation

Casablanca, Morocco · $3.1M raised

Supply Chain

Headquarters: Casablanca
Website: cloudfret.com
Total Funding: $3.1M

Last Round: $2.1M SeedNov 2023
Rounds: 2

About

Cloudfret is a SaaS-powered freight platform and smart freight network connecting shippers, freight forwarders, and carriers to optimize road transport across Morocco and the Mediterranean region. The platform eliminates empty truck returns through intelligent matching, real-time GPS tracking, automated bidding, and an extensive network of over 4,000 carriers and 16,000 trailers. Cloudfret's mobile app enables shippers to find reliable carriers in under three minutes, while carriers gain access to a multitude of loads to maximize revenue and reduce CO2 emissions. The company holds ISO certifications in quality, environmental management, and occupational health and safety.

Summary

Cloudfret is a Supply Chain company based in Casablanca, Morocco. It has raised $3.1M in total across 2 rounds, most recently a $2.1M Seed round in Nov 2023. Investors include Afrimobility, Azur Innovation Fund and Plug and Play.

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