Frate

Frate

Leading peer-to-peer returns to increase profits and decrease emissions.

HQ location
Toronto, Canada
Website
Launch date
Employees
Enterprise value
$11—16m
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Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Frate
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Frate.co is a revolutionary startup operating in the reverse logistics market, offering a unique peer-to-peer returns solution. The company's primary focus is on enhancing the returns process for businesses and customers alike, while also prioritizing environmental sustainability.

Frate.co's business model is designed to increase profits for businesses by turning returns into a new source of revenue. The company achieves this by matching and shipping returned items to the most cost-effective and eco-friendly destination, which could potentially be the next customer. This innovative approach transforms the returner's house into a temporary fulfillment center, thus reducing the need for additional shipping and handling.

The company's services are particularly beneficial for businesses with high volumes of returns per year. By providing complete visibility on all returns, whether sold or not, Frate.co enables businesses to gain valuable insights into cost savings and emission reductions. This not only helps businesses to streamline their returns process but also demonstrates their commitment to sustainability.

Frate.co's revenue model is likely based on a fee or commission charged to businesses for each return handled. The company also collects personal information from individuals and third parties for potential business opportunities, suggesting a data-driven approach to business development and strategic partnerships.

In summary, Frate.co is a game-changer in the reverse logistics market, offering a win-win solution for businesses, customers, and the planet.

Keywords: Reverse Logistics, Peer-to-Peer Returns, Sustainability, Cost-Efficiency, Eco-Friendly, Business Profits, Returns Process, Fulfillment Center, Business Opportunities, Data-Driven Approach.

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