September 26

Fretadão Raises R$50 Million and Invests in Its Own Fleet

By Marystela Barbosa

Fretadão, a corporate mobility management startup, has just announced an investment of R$50 million led by EXT Capital. The amount will be fully invested in the purchase of buses , minibuses and vans to be rented by operating partners. The first phase of planning will have R$14 million made available.

The idea is that these vehicles enhance the reach of the company’s solutions, allowing operating partners to have the capacity to act in case of the need for a rapid increase in the number of cars available to serve customers.

Photo courtesy elizabeth lies.

Source: Startupi (link opens in a new window)

Investing, Technology, Transportation