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
Matrix Partners (Lead Investor) (Jake Jolis)
Craft Ventures (Jeffery Fluhr)
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
Long Beach, CA 90802
USA
Phone
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Wen
VP - Product Management
Hank Cui
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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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