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Freterium
Cloud-based transport management platform
- 21-100 employees
- B2B
- Logistics
- Transport
- SaaS
- Cloud Computing
- Walnut, CA
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Company mission
On a mission to give superpowers to logistics teams.
Our take
For the majority of freight companies in Africa and the Middle East, time-consuming and outdated manual processes are still the norm. Freterium solves this problem by automating shipping management via its cloud-based platform.
Freterium promises logistics companies increased efficiency, allowing them to plan and execute shipping more easily. This has proven incredibly popular, with the company onboarding around 30 enterprises in its first year. Freterium faces strong competition from similar startups in Africa, such as Trella and ShipBlu. However, its all-in-one SaaS interface has allowed Freterium to set itself apart.
Freterium plans to use recent funding to double the size of its team, and to invest further in innovating its product. This will allow the company to serve more customers, and to scale at pace.
Steph
Company Specialist at Welcome to the Jungle
Funding (last 2 of 3 rounds)
Feb 2022
$4m
SEED
Aug 2021
$0.2m
SEED
Total funding: $4.5m
This company has top investors
Leadership
Mehdi Cherif Alami
(CEO)Previously worked as a Consultant at PwC, and was a Senior Associate at Strategy&.