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

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

12/14/21, 10:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svglong beach
Money raised
$40 million
Round Type
series b
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 Info

Company
Dray Alliance
Location
long beach, california, united states
Additional Info
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.