How Much Did Kimrad Transport Raise?
Funding & Key Investors

Kimrad Transport has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. This latest infusion of capital, totaling $1M, underscores the firm's robust position within the regional logistics sector. With a cumulative financial backing of $1M, the company is well-positioned to enhance its infrastructure and expand its service capabilities across the South Central United States.

What is Kimrad Transport?

Kimrad Transport
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 2003 and headquartered in Amarillo, Texas, Kimrad Transport operates as a specialized logistics provider focused on the safe and efficient transport of liquid petrochemicals. The company maintains a critical role in the industrial supply chain, managing the distribution of liquid asphalt, petroleum crude oil, and anhydrous ammonia. By prioritizing rigorous safety standards and maintaining a modern fleet, Kimrad has established itself as a reliable partner for industries requiring complex hazardous material handling. Its operational footprint spans across Texas, Oklahoma, New Mexico, Colorado, Kansas, Louisiana, Mississippi, and Arkansas, with full licensing to operate throughout the continental United States.

How much funding has Kimrad Transport raised?

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

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Kimrad Transport

PPP

Public-Private Partnership

What's next for Kimrad Transport?

The recent capital injection is expected to catalyze Kimrad Transport's next phase of enterprise-level growth. By leveraging this strategic financing, the company is likely to focus on fleet modernization and the optimization of its logistics network to meet increasing demand for petrochemical transport. As the firm scales, the emphasis will remain on maintaining its commitment to sustainability and driver training, ensuring that its operational capacity keeps pace with the evolving requirements of the energy and industrial sectors. This investment provides the necessary liquidity to navigate market fluctuations while reinforcing the company's competitive advantage in the regional cargo transport landscape.

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Frequently Asked Questions Regarding Kimrad Transport Financial Insights

What are the most recent funding rounds that Kimrad Transport has completed, and what were the funding rounds?
Kimrad Transport has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Kimrad Transport has raised to date?
Kimrad Transport has raised a total of $1M in funding to date.
How many funding rounds has Kimrad Transport completed?
Kimrad Transport has completed 1 funding rounds.
How much funding did Kimrad Transport raise in its most recent funding round?
Kimrad Transport raised $1M in its most recent funding round.
Who are the lead investors in Kimrad Transport's latest funding round?
The lead investor in Kimrad 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 Kimrad Transport's history?
The largest funding round in Kimrad Transport's history was $1M.
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