About frete
frete is a company based in Sao Paulo (Brazil) founded in 2021. frete has raised $200 million across 1 funding round from investors including Tencent, BTG Pactual and SoftBank Latin America Fund. frete has completed 1 acquisition, including Intersite. frete operates in a competitive market with competitors including sennder, TruKKer, Buyandship, Jungheinrich and Stellar Value Chain, among others.
Funding Insights of frete
frete has successfully raised a total of $200M through 1 strategic funding round. The most recent funding activity was a Series D round of $200 million completed in November 2021. 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 $200M
- Total Rounds 1
- Last Round Series D — $200M
- First Round $200M
(Nov 2021)
- Investors Count 6
All 1 funding rounds of frete 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 2021 | $200M | Series D | $1B | SoftBank Latin America Fund, Tencent |
| Date | Valuation | Stage |
|---|---|---|
| Nov 2021 | $1B | •••••••• |
Last known valuation $1B (Nov 2021). 6 investors in total: 5 institutional and 1 angel.
Investors in frete
frete has secured backing from 6 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tencent, BTG Pactual and SoftBank Latin America Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in multiple sectors by the fund. | – | latinamericafund.com | Miami, United States | |
Provider of venture capital firm investing in multiple sectors and financial consulting services | – | reinventcapital.com | San Francisco, United States | |
Growth equity and venture capital are applied to tech sectors. | – | valorcapitalgroup.com | New York, United States | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China | |
Asset management, investment banking, and wealth management services are provided. | 1983 | btgpactual.com | Sao Paulo, Brazil | |
JB Jeb Bush | - | – | unknown_0ab214882caf4b628 | - |
Investor details for frete
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by frete
frete has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intersite.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Web-based transportation management solutions are provided by Intersite. | intersite.com.br | Campo Grande, Brazil | 1997 | Jul 2022 | •••• |
Complete acquisition details for frete
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of frete
4 dated milestones of frete across 1 years, from founding to its latest funding, stage changes and deals.
- Founded frete is founded.
- Funding First funding round of $200.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Intersite.
Competitors of frete
frete operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as sennder, TruKKer, Buyandship, Jungheinrich and Stellar Value Chain, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sennder.com | 2015 | Berlin, Germany | $402.93M | 132 | Tech-enabled platform matches shippers and carriers for trucking loads. | |
| trukker.com | 2016 | Abu Dhabi, United Arab Emirates | $189.44M | 154 | Trucking services are booked via an online marketplace platform. | |
| buyandship.today | 2014 | Hong Kong, China | $18.2M | – | Ship-based transportation and delivery services are provided globally. | |
| jungheinrich.com | 1953 | Hamburg, Germany | – | 990 | Industrial equipment such as forklifts and automated vehicles is manufactured. | |
| stellarvaluechain.com | 2016 | Mumbai, India | $125M | 839 | Provider of warehousing, cold & supply chain management, and LTL transportation services | |
| modivcare.com | 1986 | Denver, United States | – | – | Logistics and transportation services are provided by ModivCare. | |
| fulltruckalliance.com | 2017 | Guiyang, China | $1.69B | – | Tech-enabled freight forwarding services are facilitated for logistics needs. | |
| nuvocargo.com | 2018 | New York, United States | $75.62M | – | Tech-enabled freight forwarding service provider |
Detailed competitors of frete
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of frete
The website of frete (frete.com) receives about 9.3K visits a month.
- Monthly visits9.3K
▲ 42.2% vs previous month
Latest news on Frete
Complete news archive for frete
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to frete
10 companies that operate in the same segment as frete (Freight Forwarders), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Global online marketplace for freight and vehicle shipping is facilitated. | 2003 | Austin, Texas, United States | USD 51.81 M | – | – | |
Multimodal logistics and supply chain solutions are provided comprehensively. | 1958 | Gurugram, Haryana, India | – | USD 524.07 M | 13,460 | |
Industrial equipment such as forklifts and automated vehicles is manufactured. | 1953 | Hamburg, Hamburg, Germany | – | USD 6.46 B | 20,920 | |
SaaS-based marketplace providing multi-modal freight transportation services | 2012 | Miami Beach, Florida, United States | USD 92.71 M | USD 29.46 M | 24 | |
Transportation and logistics services are provided by PAM. | 1980 | Tontitown, Arkansas, United States | – | USD 598.06 M | 2,300 | |
Global logistics service provider | 1969 | Bonn, North Rhine-westphalia, Germany | – | – | – | |
Third-party logistics services including freight and warehousing are provided. | 1988 | Jacksonville, United States | – | USD 4.74 B | 1,440 | |
Integrated logistics are delivered worldwide via specialized vessel operations. | 1976 | Seoul, South Korea | – | USD 7.54 B | 1,890 | |
Integrated supply chain and mobility solutions are provided globally. | 2009 | Mumbai, Maharashtra, India | USD 33.05 M | USD 745.97 M | 4,100 | |
Multi-modal freight transportation, warehousing, and logistics services are provided globally. | 1993 | Mumbai, Maharashtra, India | USD 18 M | USD 219.35 M | 557 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about frete
frete was founded in 2021.
frete is headquartered in Sao Paulo, Brazil.
frete is a funded company, having raised a total of $200M across 1 funding round to date. The company's 1st funding round was a Series D of $200M, raised on Nov 2021.
Frete was established in 2021 in Sao Paulo, Brazil, as a platform within the logistics sector. Road freight transport services are facilitated by connecting shippers with carriers through digital tools. Operations are based in Brazil, emphasizing efficient matching and management of freight loads across regional routes. The domain frete.com supports these activities, focusing on streamlined transport solutions for the local market.
frete's top competitors include sennder, Jungheinrich and Nuvocargo.
frete has made 1 acquisition, including Intersite.
frete has 6 investors. Key investors include Tencent, BTG Pactual, SoftBank Latin America Fund, Reinvent Capital, and Jeb Bush.
The valuation of frete is $1B as of Nov 2021.