When was Dray Alliance founded?

Dray Alliance was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Dray Alliance located?

Dray Alliance is headquartered in Lakewood, United States. It is registered at 13181 CROSSROADS PKWY, #150 INDUSTRY CA 91746.

How many employees does Dray Alliance have?

As of Jul 31, 2026, the latest employee count at Dray Alliance is 24.

Is Dray Alliance a funded company?

Dray Alliance is a funded company, having raised a total of $55.1M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 16, 2018.

When was the latest funding round of Dray Alliance?

Dray Alliance's latest funding was a $***** Series B round on Dec 14, 2021, with participation from 6 investors.

Where does Dray Alliance rank among its competitors?

Dray Alliance ranks 3rd amongst 22 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was DrayNow, which secured $8M in Sep, 2023.

Who are the top competitors of Dray Alliance?

Dray Alliance's top competitors include DrayNow, Mothership Technologies and Torch Logistics. Among them, DrayNow secured the most recent funding round in September, 2023.

Dray Alliance - 2026 Company Profile, Team, Funding & Competitors

Dray Alliance is an acquired company based in Lakewood (United States), founded in 2016 by Steve Wen. It operates as an AI-enabled online marketplace for container drayage services. Dray Alliance has raised $55.1M in funding from investors like Headline, Wonder Ventures and Craft Ventures. The company has 22 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like DrayNow, Mothership Technologies and Torch Logistics.

Company Details

Dray Alliance is an AI-enabled online marketplace for container drayage services in & around Los Angeles and Long Beach. Enables users, freight forwarders, and import-export shippers to book drayage services from multiple operators on the platform, via an AI-enabled quoting system. Users can send or receive quotes, see estimated transit times, and book services by making online payments. The solution can also be integrated with other third-party systems. Users can also track containers in real-time. Clients include Mattel, Univeral Cargo, and YTO Express Group.

Website: www.drayalliance.com/
Social
Email ID: *****@drayalliance.com
Phone Number: +1 **********
Registered Address: 13181 CROSSROADS PKWY, #150 INDUSTRY CA 91746

Key Metrics

Founded Year

2016

Location

Lakewood, United States

Stage

Acquired

Total Funding

$55.1M in 4 rounds

Latest Funding Round

Series B, Dec 14, 2021, $*****

Investors

Headline & 19 more

Ranked

3^rd among 22 active competitors

Employee Count

24 as on Jul 31, 2026

Similar Companies

Infraprime Logistics Technologies & 160 more

Exit Details

Acquired by Worldshipping (Mar 11, 2025)

View Dray Alliance's full profile

Dray Alliance is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HMI LOGISTICS, INC. CIN: C3945072 , Belgium, Active	Sep 12, 2016	-	-	-

Dray Alliance got acquired by Worldshipping on Mar 11, 2025.

Click here to take a look at Dray Alliance's acquisition in detail

Dray Alliance has raised a total funding of $55.1M over 4 rounds. Its first funding round was on Jul 16, 2018. Its latest funding round was a Series B round on Dec 14, 2021 for $*****. 6 investors participated in its latest round. Dray Alliance has 19 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Dray Alliance:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 14, 2021	8651685	Series B	8094039	7532977	4118117	9743720
Feb 26, 2020	1567648	Series A	1711894	2939046	7494032	Craft Ventures & 3 more
Feb 2019	6338454	Series A	7795221	8541350	Craft Ventures	4559970

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View details of Dray Alliance's funding rounds and investors

The founders of Dray Alliance is Steve Wen.

Here are the details of Dray Alliance's key team members:

Steve Wen: Former Co-Founder of Dray Alliance.
Contact Info: 1 email address

View details of Dray Alliance's Founder profiles and Board Members

Dray Alliance's employee count trend

Dray Alliance has 24 employees as of Jul 26. Here is Dray Alliance's employee count trend over the years:

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Top competitors of Dray Alliance include DrayNow, Mothership Technologies and Torch Logistics. Here is the list of Top 10 competitors of Dray Alliance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DrayNow 2015, Philadelphia (United States), Series B	Online marketplace for intermodal freight carriers and brokers	$15M	Norfolk Southern Corp, Comcast Ventures & 5 others	49/100
2nd	Mothership Technologies 2017, Los Angeles (United States), Series C	Online platform for booking trucks	$76M	WestCap, Benchmark & 4 others	49/100
3rd	Dray Alliance 2016, Lakewood (United States), Acquired	AI-enabled online marketplace for container drayage services	$55.1M	IOVC, Reimagined Ventures & 18 others	48/100
4th	Torch Logistics 2018, Chicago (United States), Seed	Provider of technology-driven logistics solutions specializing in short-haul freight services	$4.93M	Maersk Growth, Schematic Ventures & 7 others	43/100
5th	Dude 2014, Santa Barbara (United States), Unfunded	Online platform for booking trucks	-	-	43/100
6th	PockitShip 2014, Virginia (United States), Deadpooled	On-demand pickup for heavy goods	$1.7M	Center for Innovative Technology, Edgewater Equity	35/100
7th	Qwqer 2016, El Segundo (United States), Funding Raised	Online platform for delivery using trucks	-	Tanncam Investment	32/100
8th	Ruckit 2014, Houston (United States), Acqui-Hired	Marketplace for dump truck drivers and contractors	-	Dreamit, Capital Factory	29/100
9th	Aespada 2018, Singapore (Singapore), Unfunded	Digitalization of material logistics & workers for construction sites	-	-	28/100
10th	BookYourCargo 2007, West Long Branch (United States), Unfunded	Online marketplace providing drayage services	-	-	26/100