Monday, February 25, 2019

Dray Alliance Finds $3.5M For Short Haul Logistics

Los Angeles-based Dray Alliance, a startup focused on on-demand, short haul container delivery, has raised $3.5M in a seed funding round, the company said on Monday. The funding came from Craft Ventures, the venture funding company run by David Sacks. Dray Alliance is led by CEO Steve Wen. The company says it provides AI enabled rate quoted for intermodal and drayage for freight forwarders and import/export shipper, and has thousands of drivers or drayage trucking companies in Los Angeles & Long Beach. More information »