How Much Did Connect Logistics Raise?
Funding & Key Investors

Connect Logistics has secured significant capital, with total funding reaching $392K following a recent strategic investment of $242K. This latest round underscores the company's established presence and growth trajectory in the logistics sector.

What is Connect Logistics?

Connect Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Connect Logistics, Inc. was established to address the escalating service demands of shippers and receivers nationwide. By integrating asset-based operations through its division, Capable Express LLC., the company aims to be a single-source provider for comprehensive transportation needs. Leveraging a team with a century of combined logistical expertise, Connect Logistics offers reliable and professional solutions, positioning itself as 'your transportation connection'. The company's focus on end-to-end logistics solutions caters to a broad spectrum of client requirements.

How much funding has Connect Logistics raised?

Connect Logistics has raised a total of $392K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$242K

Debt (2020): $150K with participation from PPP

Debt (2021): $242K led by PPP

What's next for Connect Logistics?

The substantial capital infusion, characterized as a large-scale late-stage funding event and a major strategic investment, signals Connect Logistics' readiness for significant expansion and operational enhancement. This financing is likely to fuel advancements in fleet management, technology integration, and market penetration. The company's strategic positioning suggests a focus on optimizing supply chain efficiencies and expanding its service network to meet the evolving demands of the freight and logistics industry.

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Frequently Asked Questions Regarding Connect Logistics Financial Insights

What are the most recent funding rounds that Connect Logistics has completed, and what were the funding rounds?
Connect Logistics has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Connect Logistics has raised to date?
Connect Logistics has raised a total of $392K in funding to date.
How many funding rounds has Connect Logistics completed?
Connect Logistics has completed 2 funding rounds.
How much funding did Connect Logistics raise in its most recent funding round?
Connect Logistics raised $242K in its most recent funding round.
Who are the lead investors in Connect Logistics's latest funding round?
The lead investor in Connect Logistics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Connect Logistics's history?
The largest funding round in Connect Logistics's history was $242K.
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