Singapore · Information technology & services startup

FR8Labs

FR8Labs is a logistics technology startup based in Singapore, founded in 2022.

Funding reportedLast round: Seed

Information technology & servicesSingapore, Singapore

About FR8Labs

FR8Labs is a logistics technology startup based in Singapore, founded in 2022.

The company specializes in providing a cloud-based Modern Operating System (MOS) designed to enhance freight forwarding operations. Targeting small and medium-sized businesses as well as mid-market freight forwarders in Southeast Asia, FR8Labs aims to streamline logistics processes and improve operational efficiency. The MOS is an AI-powered platform that offers a comprehensive Freight Management System (FMS). It includes features such as workflow management, intelligent document handling, customer relationship management, and real-time visibility tracking. Additionally, FR8Labs provides value-added services like cargo insurance, foreign exchange services, and financing options. The platform is designed to integrate with third-party logistics software, promoting an open ecosystem for seamless operations. With over 50 paying customers across regions including Singapore, Malaysia, and Australia, FR8Labs is focused on expanding its reach in Asia. The company has successfully raised $1.5 million in seed funding to support its mission of digitizing the logistics industry and empowering freight forwarders with advanced digital capabilities.

What company datasets say FR8Labs raised

Funding, as reported

Reported in all23Bin the source's currency
Rounds1
Last roundSeed
Last round size1.5M
Last round dateNov 2023
Investors listed6

Founders and team

From FR8Labs's own website: 3 founders.

Glenn LaiCo-Founder & CEO
Steve PatuwoCo-Founder, CFO & Chief of Staff
Felix LuCo-Founder & CTPO

On a portfolio page

Investors who name them

Each firm lists FR8Labs on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

freight quote managementconsumerscustomer engagementshipping document automationreal-time datadistributioncomputer & network securitytask managementmulti-carrier rate connectionsupply chain collaboration toolsfreight operations optimizationinformation technology & servicesfreight process automationlogistics & supply chainmulti-entity accountingdata security

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Sector
Information technology & services
Industry code
NAICS 48851, 513210, SIC 4789, 7372
Revenue
1.2M a year, as listed
Full record
Every detail in the company directory

Information technology & services in Singapore

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