Company profile: DrayNow
1.1 - Company Overview
Company description
- Provider of a real-time intermodal marketplace that connects trucking freight with carriers, enabling visibility into shipment location and status, rate comparison and load selection, plus services including automated weekly billing, paperless documentation, real-time track-and-trace, TRUprice machine-learning pricing recommendations, and an intermodal spot rate tracker.
Products and services
- Intermodal Marketplace: A real-time intermodal platform that connects intermediaries to more carriers, enabling truckers to compare rates, view load details, and select freight while maintaining shipment visibility
- TRUprice: Offers machine-learning-powered current pricing recommendations for intermodal loads based on market conditions, enabling truckers to compare rates and make informed selections within the marketplace
- Real-Time Track and Trace: Delivers real-time current location and status updates for intermodal shipments, helping intermediaries and carriers maintain visibility of a shipment’s location and status at all times.
Key contacts
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Financial details
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1.2 - Competitors and similar companies to DrayNow
OrderWise
HQ: United Kingdom
Website
- Description: Provider of business management software in the UK & Ireland, offering ERP for wholesalers, distributors, retailers, and manufacturers to manage orders, stock, warehouse, ecommerce, and financial operations; WMS to streamline fulfillment with real-time data; stock control with multi-location visibility; multi-channel integration; plus implementation and training services.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Zippy
HQ: United States
Website
- Description: Provider of autonomous mobility technologies and robots designed to blend into city life, leveraging engineering, robotics, computer vision, machine learning, and design. Focused on enabling tasks like ordering food and picking up groceries through autonomous solutions that power the economy of the future.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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SmartKargo
HQ: United States
Website
- Description: Provider of an air cargo management solution; part of QID Technologies, a software and solutions company based in Cambridge, Massachusetts, USA, with an engineering and development center in Pune, India.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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RM2
HQ: United States
Website
- Description: Provider of global, vertically integrated pallet design, manufacture, supply and logistics management; engineered composite BLOCKPal pallets with weight, durability, hygiene, handling and life cycle advantages; embedded IoT for real-time location, temperature and condition traceability; reusable pallet cleaning, retrieval and redistribution; pallets for automated equipment and cold chains.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full RM2 company profile →
BunkerEx
HQ: United Kingdom
Website
- Description: Provider of marine fuel pricing data and tools for shipping companies, offering spot and forward bunker price indications, price reports, and a Bunker Price API with live prices across 400 ports including grades, coordinates, port codes, country, time zones, holidays and fuel availability. Includes a voyage planning tool to optimize bunker port selection and a brokerage connecting customers with suppliers via a trading system.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full BunkerEx company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for DrayNow
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to DrayNow
2.2 - Growth funds investing in similar companies to DrayNow
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4 - Top valuation comps for DrayNow
4.2 - Public trading comparable groups for DrayNow
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