Frete
The largest freight matching platform in Latin America
Catalão, Brazil · Founded 2000 · $14.4M raised
- Headquarters
- Catalão
- Employees
- 201–500
- Founded
- 2000
- Business Model
- Marketplace
- Website
- fretebras.com.br
- Total Funding
- $14.4M
- Last Round
- $14.4M Corporate RoundSep 2020
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Fretebras (operating as frete.com) is the largest freight matching platform in Latin America and Brazil's newest unicorn, connecting carriers and owner-operators with shippers through a digital marketplace. Founded in 2000 and headquartered in Catalão, Brazil, the company has processed over US$18 billion in transactions and registered more than 615,000 active truck drivers. Using machine learning and big data, the platform also reduces freight robbery rates by 25% and has cut idle truck capacity by 50%, reducing CO₂ emissions by approximately 20 million tons annually.
Summary
Frete is a SaaS company based in Catalão, Brazil, founded in 2000. It has raised $14.4M in total across 1 round, most recently a $14.4M Corporate Round in Sep 2020. Investors include IDB Invest.
Tech & App Stack
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Funding History
Sep 2020
Investors
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