FundedIQ
Transportation

FRAYT: Funding, Investors & Team (Sep 2026)

Businesses and retailers may provide same-day, last-mile delivery to their customers thanks to Frayt Technologies. Frayt has assisted in transforming large organisations so they can provide same-day delivery to customers across the country, from coast to coast.

www.frayt.com LinkedIn Cincinnati, United States 11-50 employees
Delivery Service Freight Service Last Mile Transportation Logistics B2B Shipping Technology Last mile
Total raised
$13.4M
Rounds
2
Latest
Series A
Apr 2023

FRAYT has raised $13.4M across 2 funding rounds on record, the most recent a Series A of $7.0M announced in Apr 2023.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

FRAYT Company Profile and Key Stats

Total funding raised
$13.4M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$7.0M in Apr 2023
Employees
11-50
reported band
Headquarters
Cincinnati, United States

Latest funding round on record: Apr 2023.

FRAYT Funding Rounds

Date
Round
Amount
Series A
$7.0M
Undisclosed round
$6.4M

FRAYT raised $6.4M in an undisclosed round announced in Jan 2023.

3 months later, a Series A of $7.0M was announced in Apr 2023.

FRAYT Founders and Leadership Team

Name
Role
Contact
Lawrence Mccord
Founder
Luke Denny
CEO
Locked

Contact details for the FRAYT team: 1 of 2 have an email address on file.

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FRAYT Funding Compared to Other Transportation Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

FRAYT's latest round of $7.0M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like FRAYT in Transportation and Cincinnati

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FRAYT Funding FAQs

What does FRAYT do?

Businesses and retailers may provide same-day, last-mile delivery to their customers thanks to Frayt Technologies. Frayt has assisted in transforming large organisations so they can provide same-day delivery to customers across the country, from coast to coast.

How much funding has FRAYT raised?

FRAYT has raised $13.4M across 2 rounds on record. The most recent is a Series A of $7.0M announced in Apr 2023.

When did FRAYT last raise funding?

FRAYT's most recent funding round on record is a Series A of $7.0M, announced in Apr 2023.

Who founded FRAYT?

FundedIQ lists Lawrence Mccord (Founder) at FRAYT.

Who is the CEO of FRAYT?

Luke Denny is listed as CEO at FRAYT.

Where is FRAYT headquartered?

FRAYT is based in Cincinnati, Ohio, United States.

How many employees does FRAYT have?

FRAYT is in the 11-50 employee band.

How does FRAYT's funding compare to other Transportation startups?

FRAYT's latest round of $7.0M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's FRAYT Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FRAYT is left off this page rather than filled in.

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