How Much Did FARO Raise?
Funding & Key Investors

FARO has secured $2M in total capital, with its most recent financing round bringing in $2M. This major strategic investment underscores the company's significant enterprise-level funding trajectory.

What is FARO?

FARO
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1988 and headquartered in Groveport, Ohio, FARO Logistics Solutions is a provider of comprehensive transportation and warehousing services within the freight and logistics sector. The company's operations are centered on delivering robust supply chain solutions to its clientele.

How much funding has FARO raised?

FARO has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in FARO

PPP

Public-Private Partnership

What's next for FARO?

The recent major strategic investment signals a pivotal growth phase for FARO Logistics Solutions. This substantial capital infusion, part of its enterprise-level funding, is likely to fuel expansion initiatives, technological advancements in logistics, and enhanced service offerings. The company is poised to leverage this backing to solidify its market position and pursue new opportunities in the dynamic freight and warehousing industry.

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Frequently Asked Questions Regarding FARO Financial Insights

What are the most recent funding rounds that FARO has completed, and what were the funding rounds?
FARO has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding FARO has raised to date?
FARO has raised a total of $2M in funding to date.
How many funding rounds has FARO completed?
FARO has completed 1 funding rounds.
How much funding did FARO raise in its most recent funding round?
FARO raised $2M in its most recent funding round.
Who are the lead investors in FARO's latest funding round?
The lead investor in FARO'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 FARO's history?
The largest funding round in FARO's history was $2M.
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