FundedIQ
Transportation

DrayNow: Funding, Investors & Team (Sep 2026)

DrayNow is a groundbreaking platform that connects intermediaries to a larger pool of carriers in the intermodal trucking industry. Through advanced technology, the platform ensures constant visibility of shipments, allowing for convenient tracking and monitoring. It also provides truckers with real-time access to rate comparisons, load information, and available loads in their vicinity. By enhancing efficiency, DrayNow empowers companies in the intermodal sector to maintain high levels of capacity, service quality, visibility, and profitability.

www.draynow.com LinkedIn Conshohocken, United States 11-50 employees
Total raised
$8.0M
Rounds
1
Latest
Undisclosed round
Sep 2023

DrayNow has raised $8.0M across 1 funding round on record, the most recent an undisclosed round of $8.0M announced in Sep 2023.

That round is above the $5.0M median round size for Transportation companies tracked on FundedIQ over the last two years.

DrayNow Company Profile and Key Stats

Total funding raised
$8.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$8.0M in Sep 2023
Employees
11-50
reported band
Headquarters
Conshohocken, United States

Latest funding round on record: Sep 2023.

DrayNow Funding Rounds

Date
Round
Amount
Undisclosed round
$8.0M

DrayNow Founders and Leadership Team

Name
Role
Contact
Michael Albert
CEO

No contact details are on record for this team yet.

DrayNow Funding Compared to Other Transportation Startups

Segment
Companies
Median round
29,722
$7.5M

DrayNow's latest round of $8.0M is above the median round in Transportation. Medians cover the last 24 months of disclosed rounds.

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DrayNow Funding FAQs

What does DrayNow do?

DrayNow is a groundbreaking platform that connects intermediaries to a larger pool of carriers in the intermodal trucking industry. Through advanced technology, the platform ensures constant visibility of shipments, allowing for convenient tracking and monitoring. It also provides truckers with real-time access to rate comparisons, load information, and available loads in their vicinity. By enhancing efficiency, DrayNow empowers companies in the intermodal sector to maintain high levels of capacity, service quality, visibility, and profitability.

How much funding has DrayNow raised?

DrayNow has raised $8.0M across 1 round on record. The most recent is an undisclosed round of $8.0M announced in Sep 2023.

When did DrayNow last raise funding?

DrayNow's most recent funding round on record is an undisclosed round of $8.0M, announced in Sep 2023.

Who is the CEO of DrayNow?

Michael Albert is listed as CEO at DrayNow.

Where is DrayNow headquartered?

DrayNow is based in Conshohocken, Pennsylvania, United States.

How many employees does DrayNow have?

DrayNow is in the 11-50 employee band.

How does DrayNow's funding compare to other Transportation startups?

DrayNow's latest round of $8.0M is above the $5.0M median round size for Transportation companies on FundedIQ across 430 tracked companies over the last two years.

About FundedIQ's DrayNow Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for DrayNow is left off this page rather than filled in.

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