About Fr8Hub
Fr8Hub is a company based in Laredo (United States) founded in 2012 was acquired by Hudson Capital Group in October 2020.. Fr8Hub has raised $4.43 million across 2 funding rounds from investors including Hudson Capital Group.
- Headquarter Laredo, United States
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.43 M (USD)
in 2 rounds
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Latest Funding Round
$167.78 K (USD), Series A
Oct 21, 2020
- Investors
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Employee Count
Employee Count
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Acquired by
Hudson Capital Group
(Oct 15, 2020)
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Funding Insights of Fr8Hub
Fr8Hub has successfully raised a total of $4.43M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $167.78 thousand completed in October 2020. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $167,779
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First Round
First Round
(16 Nov 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Fr8Hub | Valuation |
investors |
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| Nov, 2018 | Amount | Series A - Fr8Hub | Valuation |
investors |
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| 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 Fr8Hub
Fr8Hub has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hudson Capital Group. 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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Hudson Capital Group is engaged in real estate development and asset management.
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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 Fr8Hub
| 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 - Fr8Hub
| 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 |
Fr8hub Comparisons
Competitors of Fr8Hub
| 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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Frequently Asked Questions about Fr8Hub
When was Fr8Hub founded?
Fr8Hub was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is Fr8Hub located?
Fr8Hub is headquartered in Laredo, United States. It is registered at Laredo, Texas, United States.
Is Fr8Hub a funded company?
Fr8Hub is a funded company, having raised a total of $4.43M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.27M, raised on Nov 16, 2018.
What does Fr8Hub do?
Fr8Hub was established in 2012 in Laredo, United States. The company operates within the logistics sector, emphasizing freight transportation and carrier matching through its fr8hub.com platform. Services are directed toward shippers and carriers, particularly in cross-border trade routes along the U.S.-Mexico border. Limited public details are available regarding specific operational scale or partnerships.
Who are Fr8Hub's investors?
Fr8Hub has 1 investor. Key investors include Hudson Capital Group.