CloudFret
CloudFret is a digital transport marketplace in Morocco, aiming to simplify logistics and reduce costs for shippers, while maximizing revenue for carriers by minimizing unused capacity and eliminating empty trips. The platform connects thousands of transport professionals, offering features like real-time tracking, competitive rates, and immediate cost estimation through a bidding system. Their mission is to eliminate empty returns through optimized transport solutions and electric mobility, contributing to environmental sustainability. CloudFret also provides discounted fuel prices, tailored insurance, and 24/7 customer support, positioning itself as a smart and efficient solution for road transport.
CloudFret
CloudFret is a digital transport marketplace in Morocco, aiming to simplify logistics and reduce costs for shippers, while maximizing revenue for carriers by minimizing unused capacity and eliminating empty trips. The platform connects thousands of transport professionals, offering features like real-time tracking, competitive rates, and immediate cost estimation through a bidding system. Their mission is to eliminate empty returns through optimized transport solutions and electric mobility, contributing to environmental sustainability. CloudFret also provides discounted fuel prices, tailored insurance, and 24/7 customer support, positioning itself as a smart and efficient solution for road transport.
TL;DR
What: Digital freight marketplace connecting shippers and carriers to reduce empty truck returns
Geography: Morocco and Mediterranean region (offices in France and Morocco)
Founded: 2020
Team size: ~20 employees
Funding: Seed; total disclosed funding ~3.53M USD
Company Overview
Problem Domain
Road freight logistics inefficiency (empty truck returns, suboptimal matching between shippers and carriers).
Founded
2020
Industry
Logistics / Freight Marketplace
Funding Track Record
Crunchbase lists a Seed round; investors named include Azur Innovation Management / Azur Innovation Fund and Afri Mobility.
Investor Signal
“Investors include Azur Innovation Management / Azur Innovation Fund and Afri Mobility”