/Companies

EDRAY

Charlotte, US · 1 known investors

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EDRAY provides software for supply chain and logistics coordination, managing handoffs from overseas vendors to North American destination operations and validating inbound shipment data. Its platform offers real-time visibility, predictive analytics, and industry benchmarking to help shippers reduce drayage costs, detention, and demurrage.

Founders & leadership

AL
ANDREW LETOMANAGER
KK
KENDALL KELLAWAY, JR.MANAGER
RK
READE KIDDMANAGER

Investors · 1

Reported raises · per SEC filings

Form D private placements

$10.9M disclosed across 4 rounds · 2017–2025

▶$5.5MraisedMay 2026 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • ED ALDRIDGEExecutive Officer, Director
  • ANDREW LETOExecutive Officer, Director
  • READE KIDDExecutive Officer, Director
  • KENDALL P. KELLAWAY, JR.Executive Officer, Director
  • KENDALL KELLAWAY, IIIExecutive Officer, Director
Offering amount
$5.5M
Amount sold
$5.5M
First sale
Jun 2021
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.4MraisedMay 2026 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • READE KIDDExecutive Officer, Director
  • KENDALL KELLAWAY, JR.Executive Officer, Director
Offering amount
$1.4M
Amount sold
$1.4M
First sale
Sep 2017
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1MraisedMay 2026 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • KENDALL KELLAWAY, JR.Executive Officer, Director
  • READE KIDDExecutive Officer, Director
  • KENDALL P. KELLAWAY, IIIExecutive Officer, Director
Offering amount
$1M
Amount sold
$1M
First sale
Jul 2020
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3MraisedMay 2026 · 2 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • KENDALL P. KELLAWAY, JR.Executive Officer, Director
  • READE KIDDExecutive Officer, Director
  • ANDREW LETOExecutive Officer, Director
Offering amount
$3M
Amount sold
$3M
First sale
Jan 2025
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news

Frequently asked questions

What does EDRAY do?
EDRAY provides software for supply chain and logistics coordination, managing handoffs from overseas vendors to North American destination operations and validating inbound shipment data. Its platform offers real-time visibility, predictive analytics, and industry benchmarking to help shippers reduce drayage costs, detention, and demurrage.
Who founded EDRAY?
EDRAY was founded by ANDREW LETO.
Who are EDRAY's investors?
EDRAY's investors include Charlotte Fund.
How much funding has EDRAY raised?
EDRAY has disclosed $10.9M raised across 4 rounds.
Where is EDRAY headquartered?
EDRAY is headquartered in Charlotte, US.