About Dray Alliance
Dray Alliance is a company based in Lakewood (United States) founded in 2016 was acquired by Worldshipping in March 2025.. Dray Alliance has raised $55.06 million across 4 funding rounds from investors including J P Morgan, Headline and Craft Ventures. Dray Alliance offers products and services including Shipper Dashboard and Trucker Mobile App. Dray Alliance operates in a competitive market with competitors including DrayNow, Mothership Technologies, Torch Logistics, PockitShip and Qwqer, among others.
- Headquarter Lakewood, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hmi Logistics, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$55.06 M (USD)
in 4 rounds
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Latest Funding Round
$40 M (USD), Series B
Dec 14, 2021
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Investors
J P Morgan
& 12 more
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Employee Count
Employee Count
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Acquired by
Worldshipping
(Mar 11, 2025)
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Products & Services of Dray Alliance
Dray Alliance offers a comprehensive portfolio of products and services, including Shipper Dashboard and Trucker Mobile App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for real-time container tracking and supply chain insights.
App for booking, managing, and executing trucking jobs efficiently.
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Funding Insights of Dray Alliance
Dray Alliance has successfully raised a total of $55.06M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $40.0M
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First Round
First Round
(16 Jul 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series B - Dray Alliance | Valuation | Headline | |
| Feb, 2020 | Amount | Series A - Dray Alliance | Valuation | Matrix | |
| Feb, 2019 | Amount | Series A - Dray Alliance | Valuation | Craft Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dray Alliance
Dray Alliance has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include J P Morgan, Headline and Craft Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital fund focused on SaaS and consumer sectors
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Founded Year | Domain | Location | |
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Venture capital investments are made in American technological innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dray Alliance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Dray Alliance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dray Alliance Comparisons
Competitors of Dray Alliance
Dray Alliance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DrayNow, Mothership Technologies, Torch Logistics, PockitShip and Qwqer, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace for intermodal freight carriers and brokers
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| domain | founded_year | HQ Location |
Online platform for booking trucks
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| domain | founded_year | HQ Location |
Online platform providing short-haul services
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| domain | founded_year | HQ Location |
Provides online togel gambling with secure transactions, transparency, and user-friendly access.
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| domain | founded_year | HQ Location |
An online platform is operated for truck-based shipment delivery.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dray Alliance
Frequently Asked Questions about Dray Alliance
When was Dray Alliance founded?
Dray Alliance was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Dray Alliance located?
Dray Alliance is headquartered in Lakewood, United States.
Is Dray Alliance a funded company?
Dray Alliance is a funded company, having raised a total of $55.06M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Jul 16, 2018.
What does Dray Alliance do?
Dray Alliance was founded in 2016 and is based in Lakewood, United States. An AI-enabled online marketplace is operated for container drayage services in the Los Angeles and Long Beach areas. Freight forwarders and shippers are allowed to obtain quotes, estimate transit times, book services with online payments, track containers in real time, and integrate with third-party systems. Clients served include Mattel, Universal Cargo, and YTO Express Group.
Who are the top competitors of Dray Alliance?
Dray Alliance's top competitors include Mothership Technologies, DrayNow and Torch Logistics.
What products or services does Dray Alliance offer?
Dray Alliance offers Shipper Dashboard and Trucker Mobile App.
Who are Dray Alliance's investors?
Dray Alliance has 13 investors. Key investors include J P Morgan, Headline, Craft Ventures, Harpoon Ventures, and Matrix.