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DrayNow

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The industry's first on-demand marketplace connecting carriers with intermodal freight

Philadelphia, United StatesFounded 2017Transportation
Valuation $25–50M Last recorded · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for DrayNow and the history behind them.

About DrayNow

DrayNow 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.

Source: Dealroom company data

At a glance

Founded
2017
Headquarters
Philadelphia, United States
Sector
Transportation

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Genacast Ventures

Series A3 investors entered at this stage

Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about DrayNow on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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