Dray Alliance
Latest round
- Series B
Last raised
- Dec 2021
Total raised
- $35M
Investors
- 10
About Dray Alliance
Dray Alliance Inc.Founded in 2016 by Hank Cui, Jason Yu, and Steve Wen, Dray Alliance Inc. is headquartered in Long Beach, US.00 mn.Dray Alliance specializes in providing integrated drayage solutions that combine the flexibility of a broker with the accountability of a trucking company. Their core offering includes a platform that enables real-time tracking of containers throughout their lifecycle, allowing clients to access vital data and insights for effective supply chain management. This service primarily targets shippers and motor carriers, facilitating improved visibility into container events via terminal integrations and a user-friendly dashboard. The company employs proprietary automation technology to streamline drayage operations, such as appointment scheduling and load bundling, thereby minimizing demurrage and detention charges for its clients.Dray Alliance generates revenue through a multifaceted transaction structure that primarily involves partnerships with shippers and motor carriers. The company operates on a service model that includes transaction fees associated with drayage services, which encompass pricing for container moves, scheduling, and additional operational support. The pricing structure is designed to provide cost savings by negotiating rates directly with carriers, thus simplifying the process for clients. Dray Alliance's flagship services include its technology platform, which integrates with existing systems to facilitate real-time tracking and management of drayage operations.In December 2021, Dray Alliance Inc. Specific new products are under design to improve efficiency in supply chain logistics, although detailed release dates have not been specified.
Who invested in Dray Alliance
10 investors across 5 rounds
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Questions about Dray Alliance
Who invested in Dray Alliance?
Dray Alliance has 10 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Dray Alliance raised?
Dray Alliance has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Dray Alliance last raise money?
Dray Alliance's most recent round on record is a Series B, in Dec 2021.
What does Dray Alliance do?
Dray Alliance is a logistics & distribution company.
Where is Dray Alliance headquartered?
Dray Alliance is headquartered in Long Beach, US.
Which VCs invest in companies like Dray Alliance?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Dray Alliance's stage. Their profiles are linked below.
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