DrayNow
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$750k | Seed | ||
$5.0m | Series A | ||
N/A | $4.0m | Series A | |
N/A | $2.0m | Series A | |
* | $8.0m | Early VC | |
Total Funding | €18.0m |
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Recent News about DrayNow
EditDrayNow operates as a pioneering real-time marketplace that connects intermodal freight with carriers, leveraging proprietary freight matching technology to streamline logistics. The platform primarily serves intermodal marketing companies (IMCs) and carriers, offering a seamless and efficient way to move freight. DrayNow's business model revolves around facilitating transactions between freight owners and carriers, earning revenue through transaction fees. The company enhances operational efficiency by allowing carriers to find and compare loads via the DrayNow App, ensuring they can choose the most suitable jobs and get paid promptly. This approach not only simplifies the freight matching process but also helps carriers haul close to home, reducing deadhead miles and increasing profitability. DrayNow operates in the logistics and transportation market, focusing on the intermodal segment, which involves the transportation of freight in an intermodal container using multiple modes of transportation, such as rail, ship, and truck. By addressing the complexities of intermodal logistics, DrayNow provides a valuable service that enhances the efficiency and capacity of freight movement.
Keywords: intermodal freight, real-time marketplace, proprietary technology, logistics, carriers, freight matching, transportation, DrayNow App, transaction fees, operational efficiency.