About CloudFret
CloudFret is a Transportation, Automotive & Logistics company based in Marseille (France) founded in 2020. Provider of cloud-based marketplace connecting shippers and carriers for drayage transportation. CloudFret has raised $3.53 million across 3 funding rounds from investors including Plug and Play Tech Center, Afrimobility and Azur Innovation Management. CloudFret offers products and services including Cloudfret Mobile App, Freight Forwarding, Cloudfret Insurance, and Cloudfret Fuel Offer. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Chronotruck, Everoad and FretLink; 3 of its 3 listed competitors have raised funding.
Company details
CloudFret was established in 2020 in Marseille, France, as a provider in the logistics sector focused on drayage transportation. A cloud-based platform is utilized to link shippers with carriers, enabling optimization of empty truck returns. Bookings for trucks are facilitated, and online quotations are provided to users. Carriers are supported in managing empty returns via freight trucks, while truck cargo emission rates are monitored through the system.
- Headquarters Marseille, France
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website cloudfret.com/en
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$3.53M (USD)
in 3 rounds
- Latest Funding Round$2.14M (USD), Seed
Nov 2023
- InvestorsPlug and Play Tech Center
& 3 more
Products & Services of CloudFret
CloudFret offers a comprehensive portfolio of products and services, including Cloudfret Mobile App, Freight Forwarding, Cloudfret Insurance, and Cloudfret Fuel Offer.
App for connecting shippers and carriers to optimize freight and reduce emissions
Service to manage and coordinate freight shipments efficiently
Tailor-made insurance for carriers to cover transport operations
Discounted fuel options for carriers to minimize expenses
Funding Insights of CloudFret
CloudFret has successfully raised a total of $3.53M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2.14 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.53M
- Total Rounds 3
- Last Round Seed — $2.14M
- First Round $390,000
(Sep 2021)
- Investors Count 4
All 3 funding rounds of CloudFret with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $2.14M | Seed | – | Afrimobility | |
| May 2022 | $1M | Seed | – | Plug and Play Tech Center, Afrimobility | |
| Sep 2021 | $390,000 | Seed | – | Azur Innovation Management. | – |
4 investors in total: 3 institutional and 1 angel.
Investors in CloudFret
CloudFret has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Plug and Play Tech Center, Afrimobility and Azur Innovation Management.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| afrimobility.com | ||||
Azur Innovation Management is engaged in managing seed funds for innovative startups. | azurinnov.com | Casablanca, Morocco | ||
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
KZ Khalid Zitouni | unknown_4c2074b536bc40849 |
Investor details for CloudFret
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of CloudFret
3 people are tracked at CloudFret (1 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Driss Jabar | CEO | Leadership |
Bader Bouizargan | Responsable Partenariat | Team |
Ikrame A. | Marketing Manager | Team |
Complete people profiles for CloudFret
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of CloudFret
3 dated milestones of CloudFret across 3 years, from founding to its latest funding, stage changes and deals.
- Founded CloudFret is founded.
- Funding First funding round of $390K.
- Funding Latest funding round, Seed, of $2.1M.
Competitors of CloudFret
CloudFret has 3 listed competitors in our database, 3 of them funded. They include Chronotruck, Everoad and FretLink.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| chronotruck.com | 2014 | Aubergenville, France | $3.74M | Shippers and carriers are connected via an online marketplace platform. | ||
| everoad.com | 2016 | Paris, France | $20.49M | Truck carriers are booked via an online marketplace platform. | ||
| fretlink.com | 2015 | Paris, France | $34.35M | Online marketplace for freight transportation services |
Detailed competitors of CloudFret
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CloudFret
The website of CloudFret (cloudfret.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▼ 34.4% vs previous month
Websites whose visitors overlap most with CloudFret. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hany.ma | 100% | 17.6K | #1,440,614 | View details | |
| waya.media | 88% | 38.8K | #815,572 | View details |
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Frequently Asked Questions about CloudFret
CloudFret was founded in 2020 and raised its 1st funding round 1 year after it was founded.
CloudFret is headquartered in Marseille, France. It is registered at Marseille, Provence-alpes-cote D'azur, France.
CloudFret is a funded company, having raised a total of $3.53M across 3 funding rounds to date. The company's 1st funding round was a Seed of $390K, raised on Sep 2021.
CloudFret was established in 2020 in Marseille, France, as a provider in the logistics sector focused on drayage transportation. A cloud-based platform is utilized to link shippers with carriers, enabling optimization of empty truck returns. Bookings for trucks are facilitated, and online quotations are provided to users. Carriers are supported in managing empty returns via freight trucks, while truck cargo emission rates are monitored through the system.
CloudFret's top competitors include Chronotruck, Everoad and FretLink.
CloudFret offers Cloudfret Mobile App, Freight Forwarding, Cloudfret Insurance, and Cloudfret Fuel Offer.
CloudFret has 4 investors. Key investors include Plug and Play Tech Center, Afrimobility, Azur Innovation Management, and Khalid Zitouni.