Dray Alliance Closes $40M Series B Round To Transform Container Shipping At U.S. Ports

Dec 14, 2021•almost 4 years ago

Amount Raised

$40 Million

Round Type

series b

Long Beach

Description

Dray Alliance, a venture-backed startup headquartered in near the Port of Long Beach that is focused on building a container trucking platform to deliver shipping containers from ports to warehouses more efficiently, has completed a $40M Series B round led by global venture capital group Headline.

Company Information

Company

Dray Alliance

Location

Long Beach, California, United States

About

The platform also provides a marketplace that seamlessly connects shippers to the Dray Alliance network of vetted truckers, enabling capacity that adjusts based on supply chain needs. The company has raised a total of $55M in venture capital and working capital financing, and is already working with over one hundred enterprise customers, delivering thousands of containers a month. Headquartered near the Port of Long Beach, Dray Alliance has developed a software platform that provides complete container management, including automated status notifications, real-time GPS tracking and document management and analytics for every container.

Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Dray Alliance Closes $40M Series B Round To Transform Container Shipping At U.S. Ports

Description

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Funding Insights

Company Information