About WayFr
WayFr is a Transportation, Automotive & Logistics company based in Austin (United States) founded in 2021 by Poorna Reddy. WayFr has raised $431.55 thousand across 2 funding rounds from investors including 2am VC, Dhruvil Sanghvi and Pravin Gandhi. The company has 4 employees. Its Indian entity Wayfr Technologies Private Limited reported revenue of ₹14 Lakh. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its competitors include Echo Global Logistics, Transfix and uShip; 3 of its 3 listed competitors have raised funding.
Company details
Offers an app-based marketplace connecting shippers carriers. The app allows carriers to connect with shipping brokers to quote on loads. It also provides a load posting platform for shippers and carriers can find loads and negotiate for freight transportation services. The app is available on the Android iOS platforms.
- Headquarters Austin, United States
- Employees 4
- Founders Poorna Reddy
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Website wayfr.co
- Social LinkedIn Facebook
- Legal Name Wayfr Technologies Private Limited
- Date of Incorporation 25 Feb, 2021
- Jurisdiction Hyderabad, Telangana, India
- Indian entity revenue₹14 Lakh
FY 2023
- Indian entity net loss-₹1.82 Cr
FY 2023 · -1301% margin
- Indian entity EBITDA-₹1.79 Cr
FY 2023 · -1278% margin
- Total Equity Funding$431.55K (USD)
in 2 rounds
- Latest Funding Round$398.03K (USD), Seed
Dec 2021
- Investors2am VC
& 5 more
- Employee Count4
Associated legal entities of WayFr
WayFr operates through Wayfr Technologies Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wayfr Technologies Private Limited CIN U72900TG2021PTC149014 | Under Liquidation | 25 Feb 2021 | Hyderabad, Telangana | ₹0.1 Cr | 4 | 2 | View details |
Funding Insights of WayFr
WayFr has successfully raised a total of $431.55K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $398.03 thousand completed in December 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 $431,553
- Total Rounds 2
- Last Round Seed — $398,031
- First Round $33,522
(Jul 2021)
- Investors Count 6
All 2 funding rounds of WayFr with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
6 investors in total: 2 institutional and 4 angel.
Investors in WayFr
WayFr has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include 2am VC, Dhruvil Sanghvi and Pravin Gandhi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture funding for sector-agnostic startups in India. | 2021 | 2amvc.com | Mumbai, India | |
Early-stage startups are funded by 100X.VC venture capital firm. | 100x.vc | Mumbai, India | ||
DS Dhruvil Sanghvi | Founder of LogiNext, angel investor in Indian startups | unknown_c2bc8ca80627437a8 | ||
PG Pravin Gandhi | Veteran angel investor, co-founder of Seedfund, focused on early-stage Indian startups | unknown_57e4c4cd43a640e1b | ||
KG Kishore Ganji | Angel investor, entrepreneur, focused on tech startups, based in India and US. | unknown_d4f59c666d784f329 | ||
AJ Ambarish Jaipuria | unknown_edfb36803341414fa |
Investor details for WayFr
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Wayfr Technologies Private Limited (WayFr)
Wayfr Technologies Private Limited is the primary company behind WayFr. The board of Wayfr Technologies Private Limited currently have 2 directors; the longest-serving is Poorna Chander Reddy Patlolla, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Poorna Chander Reddy Patlolla DIN 07510345 | Director | 25 Feb 2021 | 5 yrs 7 mo | Wayfr Technologies Private Limited |
| Sai Gowtham Namburi DIN 09081875 | Director | 25 Feb 2021 | 5 yrs 7 mo | Wayfr Technologies Private Limited |
People of WayFr
1 people are tracked at WayFr (1 in leadership); the tracked headcount is 4.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for WayFr
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of WayFr
Figures of Wayfr Technologies Private Limited, the primary company behind WayFr, for FY 2023. Revenue was ₹14 Lakh. Net loss was -₹1.82 Cr (-1301% margin). EBITDA was -₹1.79 Cr (-1278% margin).
- ₹14 LakhRevenue · FY 2023
- -₹1.82 CrNet loss · -1301% margin
- -₹1.79 CrEBITDA · -1278% margin
- ₹26.4 LakhPaid-up capital
- 4Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Wayfr Technologies Private Limited are on its company page.
Detailed financial statements for WayFr
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of WayFr
3 dated milestones of WayFr, from founding to its latest funding, stage changes and deals.
- Founded WayFr is founded.
- Funding First funding round of $34K.
- Funding Latest funding round, Seed, of $398K.
Competitors of WayFr
WayFr has 3 listed competitors in our database, 3 of them funded. They include Echo Global Logistics, Transfix and uShip.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| echo.com | 2005 | Chicago, United States | $17.3M | 2,405 | Technology-enabled supply chain and transportation services are provided to enterprises. | |
| transfix.io | 2012 | New York, United States | $124.56M | 282 | Offers a marketplace providing on-demand load matching and freight booking services | |
| uship.com | 2003 | Austin, United States | $51.81M | 115 | Global online marketplace for freight and vehicle shipping is facilitated. |
Detailed competitors of WayFr
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as WayFr (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Wayfr
Complete news archive for WayFr
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Frequently Asked Questions about WayFr
WayFr was founded in 2021.
WayFr is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
WayFr is a funded company, having raised a total of $431.55K across 2 funding rounds to date. The company's 1st funding round was a Seed of $33.52K, raised on Jul 2021.
WayFr has 4 employees.
The primary company behind WayFr, Wayfr Technologies Private Limited, reported revenue of ₹14 Lakh for FY 2023.
Offers an app-based marketplace connecting shippers carriers. The app allows carriers to connect with shipping brokers to quote on loads. It also provides a load posting platform for shippers and carriers can find loads and negotiate for freight transportation services. The app is available on the Android iOS platforms.
WayFr's top competitors include uShip, Transfix and Echo Global Logistics.
WayFr has 6 investors. Key investors include 2am VC, Dhruvil Sanghvi, Pravin Gandhi, Kishore Ganji, and Ambarish Jaipuria.
WayFr operates through Wayfr Technologies Private Limited.
The legal entities of WayFr currently have 2 directors, including Poorna Chander Reddy Patlolla, Sai Gowtham Namburi.