How Much Did Daylight Transport Raise?
Funding & Key Investors

Daylight Transport has secured $5M in total capital, with a recent strategic investment of $5M marking a significant milestone for the American logistics provider. This latest financing round underscores the company's established presence and ongoing growth within the expedited Less Than Truckload (LTL) carrier sector.

The company's journey began in 1977, aiming to revolutionize cross-country transit times which then averaged between 7 to 15 days. Through pioneering innovations such as two-driver sleeper teams, Daylight Transport successfully reduced these transit times to a mere 2 to 3 days, coast to coast, establishing a benchmark for efficiency in the industry.

What is Daylight Transport?

Daylight Transport
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Daylight Transport stands as a prominent American enterprise specializing in expedited Less Than Truckload (LTL) freight services. Founded in 1977, the company has a rich history of innovation, notably by implementing two-driver sleeper teams to drastically cut down coast-to-coast transit times from an average of 7-15 days to just 2-3 days. Over four decades, Daylight has cultivated a reputation for reliability and speed, solidifying its position as one of the nation's leading carriers in the expedited LTL market. The company's sustained growth trajectory is a testament to its operational excellence and strategic adaptation to evolving logistics demands.

How much funding has Daylight Transport raised?

Daylight Transport has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Daylight Transport

PPP

Public-Private Partnership

What's next for Daylight Transport?

The recent major strategic investment in Daylight Transport signals a new phase of expansion and operational enhancement. This capital infusion is expected to fuel further innovation in logistics technology, potentially expanding service offerings and network reach. As an established player in the expedited LTL market, Daylight Transport is well-positioned to leverage this backing to reinforce its competitive advantage, optimize delivery networks, and potentially explore new market segments. The company's history of adapting and innovating suggests a forward-looking strategy focused on maintaining its leadership in efficient, time-sensitive freight solutions.

See full Daylight Transport company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportation
Rail, Bus & TaxiTransportation
Airlines, Airports & Air ServicesTransportationAutomotive Service & Collision RepairConsumer Services
Freight & Logistics ServicesTransportationTrucking, Moving & Storage

Frequently Asked Questions Regarding Daylight Transport Financial Insights

What are the most recent funding rounds that Daylight Transport has completed, and what were the funding rounds?
Daylight Transport has recently completed 1 funding rounds: Debt on May 12, 2020.
What is the total amount of funding Daylight Transport has raised to date?
Daylight Transport has raised a total of $5M in funding to date.
How many funding rounds has Daylight Transport completed?
Daylight Transport has completed 1 funding rounds.
How much funding did Daylight Transport raise in its most recent funding round?
Daylight Transport raised $5M in its most recent funding round.
Who are the lead investors in Daylight Transport's latest funding round?
The lead investor in Daylight Transport'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 Daylight Transport's history?
The largest funding round in Daylight Transport's history was $5M.
See more information about Daylight Transport