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 1 funding round. 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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Axle Technologies, 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
$2.56 M (USD)
in 1 rounds
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Latest Funding Round
$2.56 M (USD), Seed
Nov 01, 2021
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Investors
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Employee Count
Employee Count
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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 through 1 strategic funding round. The most recent funding activity was a Seed round of $2.56 million completed in November 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 1
- Last Round Seed — $2.6M
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First Round
First Round
(01 Nov 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2021 | Amount | Seed - Drumkit | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Drumkit
| 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 - Drumkit
| 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 |
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 |
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| domain | founded_year | HQ Location |
Cloud-based logistics software suite is provided for supply chain management.
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| domain | founded_year | HQ Location |
Cloud-based platforms for logistics, ports, and trade facilitation are provided.
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| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
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| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
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| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
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| domain | founded_year | HQ Location |
Cloud-based freight forwarding and logistics management solutions are offered.
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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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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 1 funding round 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.