DrayNow - About the company
DrayNow is a series B company based in Philadelphia (United States), founded in 2015 by Gil Beyda. It operates as an Online marketplace for intermodal freight carriers and brokers. DrayNow has raised $15M in funding from investors like Ben Franklin Technology Partners, Comcast Ventures and Genacast Ventures. The company has 22 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Mothership Technologies, Dray Alliance and Torch Logistics.
Company Details
Online marketplace for intermodal freight carriers and brokers. Carriers can browse available loads and filter on the basis of location, date, and availability. After the freight has been delivered, they can also upload documents on the platform for payment realization. The app is available on the Android & iOS platforms.
- Website
- draynow.com
- Phone Number
- +1 **********
- Registered Address
- Conshohocken, Pennsylvania
Key Metrics
Founded Year
2015
Location
Philadelphia, United States
Stage
Series B
Total Funding
$15M in 4 rounds
Latest Funding Round
Investors
Ranked
1st among 22 active competitors
Employee Count
22 as on Sep 30, 2026
Similar Companies
Legal entities associated with DrayNow
DrayNow is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
DRAYNOW, INC. CIN: 475286306 , United States, Active | Dec 31, 1999 | - | 20 (As on Dec 31, 2024) | - |
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DrayNow's funding and investors
DrayNow has raised a total funding of $15M over 4 rounds. Its first funding round was on Feb 24, 2017. Its latest funding round was a Series B round on Sep 06, 2023 for $*****. 1 investor participated in its latest round. DrayNow has 7 institutional investors.
Here is the list of recent funding rounds of DrayNow:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 06, 2023 | 1467938 | Series B | 1229130 | 5358379 | 1461402 | 8972062 |
Jun 18, 2020 | 9865245 | Series A | 7602714 | 7048840 | 4200138 | 5454217 |
Aug 28, 2018 | 5282688 | Series A | 9753653 | 2461530 |
View details of DrayNow's funding rounds and investors
DrayNow's founders and board of directors
Founder? Claim ProfileThe founders of DrayNow is Gil Beyda.
Here are the details of DrayNow's key team members:
- Gil Beyda: Founder of DrayNow. They serve on the boards of 2 companies.
View details of DrayNow's Founder profiles and Board Members
DrayNow's employee count trend
DrayNow has 22 employees as of Sep 26. Here is DrayNow's employee count trend over the years:
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DrayNow's Competitors and alternates
Top competitors of DrayNow include Mothership Technologies, Dray Alliance and Torch Logistics. Here is the list of Top 10 competitors of DrayNow, ranked by Tracxn score:
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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 | 46/100 | |
2nd | Mothership Technologies 2017, Los Angeles (United States), Series C | Online platform for booking trucks | $76M | 49/100 | |
3rd | Dray Alliance 2016, Lakewood (United States), Acquired | AI-enabled online marketplace for container drayage services | $55.1M | 48/100 | |
4th | Torch Logistics 2018, Chicago (United States), Seed | Provider of technology-driven logistics solutions specializing in short-haul freight services | $4.93M | 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 | 35/100 | |
7th | Qwqer 2016, El Segundo (United States), Funding Raised | Online platform for delivery using trucks | - | 32/100 | |
8th | Ruckit 2014, Houston (United States), Acqui-Hired | Marketplace for dump truck drivers and contractors | - | 29/100 | |
9th | 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 |
Looking for more details on DrayNow's competitors? Click here to see the top ones
DrayNow's Investments and acquisitions
DrayNow has made no investments or acquisitions yet.
Reports related to DrayNow
Here is the latest report on DrayNow's sector:
News related to DrayNow
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Norfolk Southern, DrayNow partner to improve customer and drayage driver experienceAmerican Journal of Transportation•Sep 21, 2023•Norfolk Southern, DrayNow, Norfolk Southern Corp
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OSV promotes Dowling to managing partner and Foote to partnerVCJ•Jan 18, 2023•Osage Venture Partners, Boodle, BookKeeping Express, Brazen and 19 others
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Ben Franklin Approved $1.48M in 7 Early Stage CompaniesBen Franklin Technology Partners•Jun 18, 2020•DrayNow
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DrayNow Raises $5 Million in Series A Financing from Comcast Ventures and Osage Venture PartnersBusiness Wire•Aug 28, 2018•DrayNow, Comcast Ventures, Osage Partners
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