About Drumkit
Drumkit is a company based in Boston (United States) founded in 2022 by Dhruv Gupta and Jinyan Zang. It operates as a SaaS, and B2B. Drumkit has raised $2.56 million across 2 funding rounds from investors including Founder Collective. Drumkit offers products and services including Integrated Sidebar, Quick Quote, Load Building, Scheduling, and Track and Trace. Drumkit operates in a competitive market with competitors including WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, among others.
- Headquarter Boston, United States
- Founders Dhruv Gupta, Jinyan Zang
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Axle Technologies, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.56 M (USD)
in 2 rounds
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Drumkit
Drumkit offers a comprehensive portfolio of products and services, including Integrated Sidebar, Quick Quote, Load Building, Scheduling, and Track and Trace. 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.
Tool that consolidates load info in inbox for efficient workflows.
Generates instant rates via email for freight brokers.
Automates load creation to reduce errors and data entry.
Handles email-based scheduling for logistics operations.
Automates tracking updates and escalates issues for loads.
Sends automated responses for carrier and customer updates.
Funding Insights of Drumkit
Drumkit has successfully raised a total of $2.56M across 2 strategic funding rounds. 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 2
- Last Round Last Round
-
First Round
First Round
(01 Nov 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - Drumkit | Valuation |
investors |
|
| Nov, 2021 | Amount | Seed - Drumkit | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Drumkit
Drumkit has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Founder Collective. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Drumkit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Drumkit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drumkit Comparisons
Competitors of Drumkit
Drumkit 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 WiseTech Global, Kale Logistics Solutions, Magaya Corporation, GoComet and RXO, 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 |
Cloud-based logistics software suite is provided for supply chain management.
|
|
| domain | founded_year | HQ Location |
Cloud-based platforms for logistics, ports, and trade facilitation are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
|
|
| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
|
|
| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
|
|
| domain | founded_year | HQ Location |
Cloud-based freight forwarding and logistics management solutions are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Drumkit
When was Drumkit founded?
Drumkit was founded in 2022.
Where is Drumkit located?
Drumkit is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Drumkit?
Dhruv Gupta is the current CEO of Drumkit. They have also founded this company.
Is Drumkit a funded company?
Drumkit is a funded company, having raised a total of $2.56M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.56M, raised on Nov 01, 2021.
What does Drumkit do?
Drumkit is an AI-driven tool that integrates with email inboxes to streamline logistics processes, including data entry, quoting, load management, and tracking for freight brokers. It automates repetitive tasks, improves productivity, and supports seamless workflows with tools like scheduling and smart replies. The platform serves clients in the transportation industry, developed by Axle Technologies, Inc., focusing on efficiency gains.
Who are the top competitors of Drumkit?
Drumkit's top competitors include WiseTech Global, Kale Logistics Solutions and GoComet.
What products or services does Drumkit offer?
Drumkit offers Integrated Sidebar, Quick Quote, Load Building, Scheduling, and 2 more products and services.
Who are Drumkit's investors?
Drumkit has 1 investor. Key investors include Founder Collective.