About WayFr
WayFr is a 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 as of April 05, 2024. WayFr operates in a competitive market with competitors including Echo Global Logistics, Transfix, uShip, Uber Freight and Convoy, among others.
- Headquarter Austin, United States
- Employees 4 as on 05 Apr, 2024
- Founders Poorna Reddy
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Sectors
Transportation, Automotive & Logistics
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Email
Locked
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Phone
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Website
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Social
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- Legal Name Wayfr Technologies Private Limited
- Date of Incorporation 25 Feb, 2021
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$431.55 K (USD)
in 2 rounds
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Latest Funding Round
$398.03 K (USD), Seed
Dec 07, 2021
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Investors
2am VC
& 5 more
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Employee Count
4
as on Apr 05, 2024
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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.
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 |
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Early-stage venture funding for sector-agnostic startups in India.
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Early-stage startups are funded by 100X.VC venture capital firm.
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Dhruvil Sanghvi |
Founder of LogiNext, angel investor in Indian startups
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Investor details for WayFr
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Investments & Acquisitions by WayFr
Investment portfolio details for WayFr
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Financial Statements - WayFr
Detailed financials for WayFr
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Wayfr Comparisons
Peer comparison for WayFr
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of WayFr
WayFr 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 Echo Global Logistics, Transfix, uShip, Uber Freight and Convoy, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Technology-enabled supply chain and transportation services are provided to enterprises.
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Offers a marketplace providing on-demand load matching and freight booking services
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Global online marketplace for freight and vehicle shipping is facilitated.
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Trucking carriers are matched with shippers via an online marketplace.
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Truckers are connected to on-demand freight via a digital platform.
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Online load board integrated with freight management functionalities
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Detailed competitors of WayFr
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Latest news on 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.
As of Apr 05, 2024, the latest employee count at WayFr is 4.
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 Uber Freight.
WayFr has 6 investors. Key investors include 2am VC, Dhruvil Sanghvi, Pravin Gandhi, Kishore Ganji, and Ambarish Jaipuria.