Dray Alliance, a Los Angeles, CA-based logistics startup, raised $3.5M in seed funding.
The round was led by David Sacks’ Craft Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Co-founded by Steve Wen, CEO, Hank Cui and Jason Yu, Dray Alliance is an on-demand drayage technology platform for import/export shippers and enterprises. Already partnered with large shippers such as Mattel, and global shipping company CMA CGM Group, the company’s mobile technology allows shippers, ocean carriers and freight forwarders to connect them with drayage truckers who deliver containers to destination warehouses in real time.
FinSMEs
01/03/2019