How Much Did 71Lbs Raise?
Funding & Key Investors

71Lbs has secured a significant strategic investment, contributing to its total funding of $150K. The recent capital infusion, amounting to $150K, underscores the company's strong position in the market and its trajectory towards late-stage growth. This latest round of financing highlights investor confidence in 71Lbs's mission to democratize shipping and logistics.

What is 71Lbs?

71Lbs
TransportationFreight & Logistics ServicesBusiness Services

71Lbs operates as a key player in the shipping and logistics sector, dedicated to empowering its customers with critical shipping insights. The company's core mission revolves around democratizing logistics by providing businesses with the data necessary to make more informed decisions. This strategic focus positions 71Lbs as an advocate for transparency and efficiency within the complex world of shipping.

How much funding has 71Lbs raised?

71Lbs has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in 71Lbs

PPP

Public-Private Partnership

What's next for 71Lbs?

With the recent strategic investment, 71Lbs is poised for accelerated expansion and further development of its logistics intelligence platform. The substantial capital infusion signals a commitment to scaling operations and enhancing its service offerings. Investors are likely anticipating 71Lbs to leverage this backing to solidify its market leadership, innovate its technology, and potentially explore new avenues for growth within the evolving global logistics landscape.

See full 71Lbs company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage

Frequently Asked Questions Regarding 71Lbs Financial Insights

What are the most recent funding rounds that 71Lbs has completed, and what were the funding rounds?
71Lbs has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding 71Lbs has raised to date?
71Lbs has raised a total of $150K in funding to date.
How many funding rounds has 71Lbs completed?
71Lbs has completed 1 funding rounds.
How much funding did 71Lbs raise in its most recent funding round?
71Lbs raised $150K in its most recent funding round.
Who are the lead investors in 71Lbs's latest funding round?
The lead investor in 71Lbs'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 71Lbs's history?
The largest funding round in 71Lbs's history was $150K.
See more information about 71Lbs