The startup offers a user-friendly delivery application that facilitates on-demand shipping through a web and mobile platform, enabling peer-to-peer transactions. This service allows businesses to provide scheduled or same-day delivery options, enhancing customer satisfaction and operational efficiency.
Funding
$9.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
RVFounders
Product
Problem
Many businesses struggle to meet customer expectations for fast, reliable delivery while also managing costs and operational efficiency. Coordinating a diverse fleet and adapting to fluctuating demand can be particularly challenging.
Solution
FRAYT offers an on-demand delivery platform that connects businesses with a network of vetted, independent drivers, providing access to a range of vehicles from cars to box trucks. Through its web and mobile interface or API integration, businesses can arrange expedited, same-day, or scheduled deliveries. The platform provides real-time tracking, proactive issue resolution, and automated processes to optimize last-mile operations and reduce costs. FRAYT offers three service levels: Rush for the fastest delivery, Flex for reliable service with flexibility, and End-of-Day for cost-effective same-day delivery by 5 PM.
Target Audience
FRAYT primarily serves businesses across industries such as industrial supply, retail, manufacturing, construction, and logistics, as well as 3PLs and brokers seeking to augment their fleet and streamline last-mile delivery.
Features
- On-demand access to a network of vetted drivers with various vehicle types
- Real-time tracking and delivery status updates for customers
- API integration with existing TMS and other systems
- Automated processes for scalable delivery solutions
- Proactive issue resolution and exception management support
- Three service levels: FRAYT Rush, FRAYT Flex, and FRAYT End-of-Day
- Scheduled delivery options with precise delivery windows
- Batch routing for grouping multiple deliveries based on location or time
- Capacity planning tools to optimize delivery capacity
- CSV Uploads to improve productivity