How Much Did Overdrive Logistics Raise?
Funding & Key Investors

Overdrive Logistics has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position in the logistics sector and its trajectory towards further expansion.

What is Overdrive Logistics?

Overdrive Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1998, Overdrive Logistics is a provider of comprehensive transportation solution services. Headquartered in Gainesville, GA, the company also maintains operational hubs in Roanoke, VA, and Allentown, PA, demonstrating a strategic geographic footprint across key logistical corridors. Its long-standing presence in the industry points to a robust operational framework and a deep understanding of supply chain dynamics.

How much funding has Overdrive Logistics raised?

Overdrive Logistics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Overdrive Logistics

PPP

Public-Private Partnership

What's next for Overdrive Logistics?

The substantial capital infusion, particularly the recent strategic investment, positions Overdrive Logistics for accelerated growth and enhanced service capabilities. As a company in a large-scale late-stage funding phase, Overdrive Logistics is likely to focus on expanding its operational capacity, integrating advanced logistics technologies, and potentially pursuing strategic acquisitions to solidify its market leadership. This financing will be critical in navigating the evolving demands of the transportation and logistics industry, ensuring continued competitiveness and service excellence.

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Frequently Asked Questions Regarding Overdrive Logistics Financial Insights

What are the most recent funding rounds that Overdrive Logistics has completed, and what were the funding rounds?
Overdrive Logistics has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Overdrive Logistics has raised to date?
Overdrive Logistics has raised a total of $350K in funding to date.
How many funding rounds has Overdrive Logistics completed?
Overdrive Logistics has completed 1 funding rounds.
How much funding did Overdrive Logistics raise in its most recent funding round?
Overdrive Logistics raised $350K in its most recent funding round.
Who are the lead investors in Overdrive Logistics's latest funding round?
The lead investor in Overdrive 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 Overdrive Logistics's history?
The largest funding round in Overdrive Logistics's history was $350K.
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