How Much Did Independent Distributor Alliance Raise?
Funding & Key Investors

Independent Distributor Alliance (IDA) has secured $36K in recent financing, contributing to its overall funding of $36K. This capital infusion marks a significant stage for the company, likely within its Series B or C funding rounds, underscoring its growth trajectory in the commercial auto and liability insurance sector for independent route delivery drivers.

What is Independent Distributor Alliance?

Independent Distributor Alliance
InsuranceBusiness ServicesProject Management

Independent Distributor Alliance (IDA) is a specialized provider of Commercial Auto and Liability Insurance, alongside Business Formation Services, meticulously designed for Independent Route Delivery Drivers. Boasting over two decades of operational experience, IDA is committed to delivering substantial savings on insurance premiums and streamlining business formation processes across all U.S. states. The company primarily serves new and established route owners, district managers, and corporate compliance professionals within the bread and snack distribution industry, aiming to empower independent distributors through superior customer service and comprehensive coverage solutions.

How much funding has Independent Distributor Alliance raised?

Independent Distributor Alliance has raised a total of $36K across 1 funding round:

2021

Debt

$36K

Debt (2021): $36K with participation from PPP

Key Investors in Independent Distributor Alliance

PPP

Public-Private Partnership

What's next for Independent Distributor Alliance?

With the recent acquisition of substantial expansion capital, Independent Distributor Alliance is poised for accelerated growth and enhanced service offerings. This strategic financing is expected to fuel further development of their insurance products and business formation services, potentially expanding their reach within the snack and bread distribution network and beyond. The company's focus on supporting independent distributors suggests a strategy centered on operational efficiency and cost savings, which this latest investment will likely amplify, solidifying IDA's position as a key partner for route-based businesses.

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Frequently Asked Questions Regarding Independent Distributor Alliance Financial Insights

What are the most recent funding rounds that Independent Distributor Alliance has completed, and what were the funding rounds?
Independent Distributor Alliance has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Independent Distributor Alliance has raised to date?
Independent Distributor Alliance has raised a total of $36K in funding to date.
How many funding rounds has Independent Distributor Alliance completed?
Independent Distributor Alliance has completed 1 funding rounds.
How much funding did Independent Distributor Alliance raise in its most recent funding round?
Independent Distributor Alliance raised $36K in its most recent funding round.
Who are the lead investors in Independent Distributor Alliance's latest funding round?
The lead investor in Independent Distributor Alliance'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 Independent Distributor Alliance's history?
The largest funding round in Independent Distributor Alliance's history was $36K.
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