WayFr, an Austin, Texas-based futuristic SaaS platform, has raised INR 3 crore in the Seed round. The funding was led by 2am VC, Relentless Ventures, and other marquee angel investors.
WayFr will leverage the freshly infused capital to expand its salesforce in India targeting US clients. Earlier this year, the brand raised INR 25 lakh from 100X.VC.
Company: WayFr Inc.
Raised: INR 3 crore
Round: Seed round
Funding Month: December 2021
Lead Investors: 2am VC and Relentless Ventures
Additional Investors:
Company Website: https://wayfr.co/
Software Category: Load posting platform
About the Company: Founded in March 2021, WayFr is the brainchild of Poorna Reddy and Abhiram Deshpande. WayFr is a mobile application that instantly enables shippers and freight brokers to create their personalized load-board (load posting platform) that they can use to receive price quotes and book trucks within their network of carriers. Brokers and Shippers can additionally leverage WayFr registered carrier networks and social media groups to find trucks from outside of their network.
Source: https://www.entrepreneur.com/article/401121