FreteBras

BrazilE-commerce

FreteBras is a Brazilian logistics platform that connects shippers, drivers, and truckers to facilitate freight transportation, aiming to make the process more efficient and eco-friendly. The company operates a digital marketplace that matches cargo owners with available carriers, reducing empty miles and emissions. Its customers include businesses needing freight transport and independent truckers across Brazil. In 2021, FreteBras merged with Cargo X to form Frete.com, which became a unicorn after a $200 million investment round led by SoftBank and Tencent. Earlier, FreteBras raised $17 million from IDB Invest to support its environmental sustainability initiatives.

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