DrayNow Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 29

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $8M

  • Investors
  • 6

DrayNow General Information

Description

Operator of an online intermodal freight marketplace intended for intermodal's first and last mile. The company's marketplace leverages technology to connect intermediaries with carriers on short notice, maintain visibility of the shipment's location and status at all times as well and help truckers to compare rates, view load details, and select available loads in their area on a real-time basis, enabling clients to maintain optimal levels of capacity, service, visibility, and profitability.

Contact Information

Website
www.draynow.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1100 East Hector Street
  • Suite Number 395
  • Conshohocken, PA 19428
  • United States
+1 (855)
Primary Industry
Logistics
Other Industries
Business/Productivity Software
Road
Vertical(s)
Mobility Tech, SaaS, Supply Chain Tech, Mobile
Corporate Office
  • 1100 East Hector Street
  • Suite Number 395
  • Conshohocken, PA 19428
  • United States
+1 (855)

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DrayNow Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series B) 06-Sep-2023 $8M Completed Generating Revenue
3. Later Stage VC (Series A) 18-Jun-2020 Completed Generating Revenue
2. Early Stage VC (Series A) 27-Aug-2018 $5M $7M Completed Generating Revenue
1. Seed Round 08-Sep-2017 $2M $2M Completed Generating Revenue
To view DrayNow’s complete valuation and funding history, request access »

DrayNow Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B-1
Series B
Series A-2
Series A-1
Series A
Seed 1 163,913 $0.000010 $0.37 $4.58 $4.58 1x $4.58 3.09%
Seed 368,805 $0.000010 $0.16 $2.03 $2.03 1x $2.03 6.95%
To view DrayNow’s complete cap table history, request access »

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DrayNow Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online intermodal freight marketplace intended for intermodal's first and last mile. The company's market
Logistics
Conshohocken, PA
29 As of 2024

Chicago, IL
 

San Francisco, CA
 
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DrayNow Competitors (19)

One of DrayNow’s 19 competitors is FourKites, a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
FourKites Venture Capital-Backed Chicago, IL
Shippo Venture Capital-Backed San Francisco, CA
ShipJunction Corporation San Francisco, CA
Omnitracs Private Equity-Backed Westlake, TX
LogiNext Venture Capital-Backed Jersey City, NJ
You’re viewing 5 of 19 competitors. Get the full list »

DrayNow Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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DrayNow Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Norfolk Southern Holding Company Minority
Ben Franklin Technology Partners of Southeastern Pennsylvania Accelerator/Incubator Minority
GO Philly Fund Venture Capital Minority
Comcast Ventures Corporate Venture Capital Minority
Osage Venture Partners Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

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DrayNow FAQs

  • When was DrayNow founded?

    DrayNow was founded in 2014.

  • Where is DrayNow headquartered?

    DrayNow is headquartered in Conshohocken, PA.

  • What is the size of DrayNow?

    DrayNow has 29 total employees.

  • What industry is DrayNow in?

    DrayNow’s primary industry is Logistics.

  • Is DrayNow a private or public company?

    DrayNow is a Private company.

  • What is the current valuation of DrayNow?

    The current valuation of DrayNow is .

  • What is DrayNow’s current revenue?

    The current revenue for DrayNow is .

  • How much funding has DrayNow raised over time?

    DrayNow has raised $22M.

  • Who are DrayNow’s investors?

    Norfolk Southern, Ben Franklin Technology Partners of Southeastern Pennsylvania, GO Philly Fund, Comcast Ventures, and Osage Venture Partners are 5 of 6 investors who have invested in DrayNow.

  • Who are DrayNow’s competitors?

    FourKites, Shippo, ShipJunction, Omnitracs, and LogiNext are some of the 19 competitors of DrayNow.

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