How Much Did 247 Delivers Raise?
Funding & Key Investors

247 Delivers has solidified its market position through a series of strategic debt financing rounds, culminating in a total capital infusion of $446K. The most recent injection of $296K underscores the firm's commitment to scaling its specialized logistics infrastructure. By leveraging these financial resources, the company has successfully transitioned from a regional courier service to a bi-coastal logistics powerhouse, particularly following its acquisition by NPD Logistics.

This late-stage capital deployment reflects a calculated effort to enhance operational capacity and secure long-term growth within the competitive high-end electronics transportation sector.

What is 247 Delivers?

247 Delivers
TransportationFreight & Logistics Services

Headquartered in Los Angeles, 247 Delivers operates as a critical node in the entertainment industry's supply chain. With over five decades of operational history, the firm specializes in the secure storage and rapid transportation of sensitive electronic equipment. The company's service portfolio encompasses 24/7 door-to-door courier solutions, cartage, trucking, and comprehensive warehousing. The recent integration into the NPD Logistics ecosystem has significantly bolstered its reach, allowing for seamless delivery operations across both the East and West Coasts. The company's North Hollywood facility, spanning 60,000 square feet, serves as the primary hub for its same-day service model in Southern California, ensuring high-velocity logistics for time-sensitive client requirements.

How much funding has 247 Delivers raised?

247 Delivers has raised a total of $446K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$296K

Debt (2020): $150K with participation from PPP

Debt (2021): $296K led by PPP

Key Investors in 247 Delivers

PPP

Public-Private Partnership

What's next for 247 Delivers?

Looking ahead, 247 Delivers is positioned to capitalize on the synergies created by its acquisition, focusing on the optimization of its expanded bi-coastal footprint. The strategic allocation of the $296K is expected to drive further investment in secure warehousing technologies and fleet modernization. As the demand for specialized, high-security logistics in the entertainment and electronics sectors continues to evolve, the company is well-equipped to maintain its competitive edge. Future growth initiatives will likely prioritize the integration of advanced tracking systems and the expansion of its specialized courier network to meet the increasing complexity of modern supply chain demands.

See full 247 Delivers company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Rail, Bus & TaxiTransportation
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationBusiness ServicesProject Management

Frequently Asked Questions Regarding 247 Delivers Financial Insights

What are the most recent funding rounds that 247 Delivers has completed, and what were the funding rounds?
247 Delivers has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 29, 2020.
What is the total amount of funding 247 Delivers has raised to date?
247 Delivers has raised a total of $446K in funding to date.
How many funding rounds has 247 Delivers completed?
247 Delivers has completed 2 funding rounds.
How much funding did 247 Delivers raise in its most recent funding round?
247 Delivers raised $296K in its most recent funding round.
Who are the lead investors in 247 Delivers's latest funding round?
The lead investor in 247 Delivers'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 247 Delivers's history?
The largest funding round in 247 Delivers's history was $296K.
See more information about 247 Delivers