First-of-its-kind automated peer-to-peer returns solution. Demonstrate your commitment to sustainability while also saving money on every return.
Total raised: $2.67M
Funding Rounds 1
| Date | Series | Amount | Investors |
| 02.10.2024 | Seed | $2.67M | - |
Mentions in press and media 8
| Date | Title | Description |
| 02.10.2024 | Frate's Funding Surge: A New Era for Retail Returns | In the bustling world of e-commerce, returns are a double-edged sword. They can enhance customer satisfaction but also slice into profits. Enter Frate, a Toronto-based startup that is turning the tide on retail returns. Recently, Frate rais... |
| 02.10.2024 | Frate: Toronto-Based Retail Returns Automation Company Raises C$3.6 Million | Frate, a Toronto-based startup transforming the retail returns process, announced it has raised C$3.6 million in an oversubscribed seed funding round led by Matchstick Ventures. This round saw participation from 2048 Ventures (NYC), Whiteca... |
| 18.09.2024 | Frate Raises CAD$3.6M in Seed Funding | Frate, a Toronto, Canada-based startup transforming the retail returns process, raised CAD$3.6M in Seed funding. The round was led by Matchstick Ventures with participation from 2048 Ventures (NYC), Whitecap Venture Partners (Toronto), Clos... |
| 15.12.2022 | Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective | - |
| 11.03.2022 | Our investment in Frate | We are excited to announce that Matchstick Ventures Fund III has completed an investment in Frate. Frate is a returns solution for ecommerce retailers and consumers that decreases costs and emissions associated with each return. |
| - | Frate | “First-of-its-kind automated peer-to-peer returns solution. Demonstrate your commitment to sustainability while also saving money on every return.” |
| - | Industries Overview Products About Insider Intelligence 3 ways retailers can reduce return costs—without charging customers fees | Though return volume growth has slowed from pandemic highs, it still weighs heavily on retailers’ bottom line. This year, total US retail return volume will reach $627.34 billion, a 2.2% increase YoY, according to our forecast. After dippin... |
| - | Frate | “Returns Management for Ecommerce Brands | Frate Returns” |