About American Freight
American Freight is a company based in United States founded in 1994 by Steve Belford was acquired by Franchise Group in December 2019.. The company has 659 employees as of December 31, 2019.
- Headquarter Delaware, United States
- Employees 659 as on 31 Dec, 2019
- Founders Steve Belford
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name American Freight Management Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Franchise Group
& 2 more
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Employee Count
659
as on Dec 31, 2019
- Acquired by
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Sales and Marketing
9 people
Software Development Team
6 people
Operations Team
6 people
Finance and Accounting
4 people
Product Management Team
4 people
Store Team
4 people
Human Resources and Administration
3 people
Leadership Team
3 people
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Funding Insights of American Freight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in American Freight
American Freight has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Franchise Group and TJC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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TJC is engaged in private equity investments and partnerships.
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Founded Year | Domain | Location | |
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Governance and compliance services are provided to franchise operations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by American Freight
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - American Freight
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
American Freight Comparisons
Competitors of American Freight
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on American Freight
Frequently Asked Questions about American Freight
When was American Freight founded?
American Freight was founded in 1994.
Where is American Freight located?
American Freight is headquartered in United States. It is registered at Delaware, United States.
Who is the current CEO of American Freight?
Steve Belford is the current CEO of American Freight. They have also founded this company.
How many employees does American Freight have?
As of Dec 31, 2019, the latest employee count at American Freight is 659.
What does American Freight do?
American Freight was established in 1994 in Delaware, United States, as a provider of e-commerce support services. Operations are centered on facilitating online commerce through the domain americanfreight.com. Services include support for e-commerce platforms and logistics. The company is headquartered in the United States and led by Steve Belford as founder and CEO, alongside Ace Rink as CEO and president. Focus remains on regional e-commerce infrastructure.
Who are American Freight's investors?
American Freight has 2 investors. Key investors include Franchise Group, and TJC.
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