Tech Company Financing Transactions

Dray Alliance Funding Round

Matrix Partners, Act One Ventures and Craft Ventures participated in a $10.2 million Series A venture round for Dray Alliance. The financing was announced by the company on 2/28/2020.

Transaction Overview

Company Name
Announced On
2/28/2020
Transaction Type
Venture Equity
Amount
$10,200,000
Round
Series A
Investors
Proceeds Purpose
Dray Alliance intends to use the Series A to increase automation in its products and scale its hiring in sales, engineering, and operations.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
111 W Ocean 1000
Long Beach, CA 90802
USA
Email Address
Overview
Selected as a finalist in Plug and Play's supply chain accelerator, Dray Alliance is a B2B platform to become the connection of each step in the last-mile? container delivery process through innovation by eliminating the current barriers to truly integrate container shipping.
Profile
Dray Alliance LinkedIn Company Profile
Social Media
Dray Alliance Company Twitter Account
Company News
Dray Alliance News
Facebook
Dray Alliance on Facebook
YouTube
Dray Alliance on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Wen
  Steve Wen LinkedIn Profile  Steve Wen Twitter Account  Steve Wen News  Steve Wen on Facebook
VP - Product Management
Hank Cui
  Hank Cui LinkedIn Profile  Hank Cui Twitter Account  Hank Cui News  Hank Cui on Facebook


 

 

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Prev: 2/28/2020: Pony.ai venture capital transaction
Next: 2/28/2020: Cytracom venture capital transaction

 

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Where The Data Comes From

We document every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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