DrayNow, Inc.

DrayNow, Inc.

DrayNow makes moving Intermodal easier than ever by connecting freight with capacity and providing instant visibility.

Founded 2015

Philadelphia, United States 27 employees Corporate Round Total: $22.02M Logistics, Transportation

DrayNow, Inc. is a disruptive force in the logistics and transportation industry, with a mission to make moving intermodal freight easier than ever. The company's slogan "DrayNow makes moving Intermodal easier than ever by connecting freight with capacity and providing instant visibility" encapsulates its commitment to innovation and efficiency. Founded in 2015, DrayNow has quickly garnered attention for its pioneering approach to connecting intermodal freight and carriers in real-time. Through its real-time marketplace, DrayNow has effectively eliminated barriers between brokers and truckers, harmonizing intermodal operations and providing a level of control, flexibility, and service that was previously unparalleled in the industry. The company's last investment round, amounting to an impressive $8.00M in a corporate investment at 06 September 2023, further underscores the confidence investors have in DrayNow's potential. Notably, the investment was led by Norfolk Southern Corporation, a leading player in the transportation sector. With its headquarters in the United States, DrayNow has successfully positioned itself at the nexus of technology and logistics, offering a game-changing solution for streamlining intermodal freight processes. As the company continues to gain momentum and support from key investors, it is poised to disrupt the industry and reshape the future of intermodal transportation.

Funding Stage	Amount	Investors	Lead Investors	Date
Corporate Round	$8.00M	1	Norfolk Southern Corporation	06 Sep 2023
Series A	$2.00M	4	Comcast Ventures, Genacast Ventures +2	14 Oct 2020
Series A	$4.00M	3	Comcast Ventures, Genacast Ventures +1	13 May 2019
Series A	$5.00M	3	Comcast Ventures, Genacast Ventures +1	28 Aug 2018
Seed Round	$750.00K	1	Genacast Ventures	11 Sep 2017
Seed Round	$1.15M	1	Genacast Ventures	24 Feb 2017
Angel Round	$1.12M	-		01 May 2016

Funding Stage

Amount

Investors

Lead Investors

Date

Corporate Round

$8.00M

Norfolk Southern Corporation

06 Sep 2023

Series A

$2.00M

Comcast Ventures, Genacast Ventures +2

14 Oct 2020

Series A

$4.00M

Comcast Ventures, Genacast Ventures +1

13 May 2019

Series A

$5.00M

Comcast Ventures, Genacast Ventures +1

28 Aug 2018

Seed Round

$750.00K

Genacast Ventures

11 Sep 2017

Seed Round

$1.15M

Genacast Ventures

24 Feb 2017

Angel Round

$1.12M

01 May 2016

FAQ About DrayNow, Inc.

DrayNow makes moving Intermodal easier than ever by connecting freight with capacity and providing instant visibility.

DrayNow, Inc. was founded in 2015.

DrayNow, Inc. is headquartered in Philadelphia, United States.

DrayNow, Inc. operates in Logistics and Transportation. Its work centres on Intermodal freight, Logistics technology, Real-time marketplace and Freight visibility.

DrayNow, Inc. has approximately 27 employees.

DrayNow, Inc. has completed 7 funding rounds, raising a total of $22.02M. The latest funding stage is Corporate Round.

Top alternatives and competitors to DrayNow, Inc. include RAAHO, GSM TRANSPORT CO, Freightliner Group Ltd, ROK LANES, Crane Worldwide Logistics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

DrayNow, Inc. and RAAHO are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (7)

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FAQ About DrayNow, Inc.