How Much Did Able Freight Services Raise?
Funding & Key Investors

Able Freight Services has secured significant enterprise-level funding, with the total capital raised standing at $2M. The company recently received an undisclosed amount in its latest funding round, which closed on October 5, 2020. This strategic investment underscores the growing confidence in Able Freight Services' operational capabilities and market position within the logistics sector.

What is Able Freight Services?

Able Freight Services
TransportationFreight & Logistics Services

Able Freight Services Inc. operates as a comprehensive freight forwarding company, providing a full suite of logistics solutions. With established offices in key North American locations including Los Angeles, San Francisco, Seattle, and Honolulu, the company leverages a robust global network of partnerships to facilitate international and domestic shipments. Their service offering encompasses the complexities of supply chain management, ensuring efficient movement of goods for their clientele.

How much funding has Able Freight Services raised?

Able Freight Services has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Able Freight Services

PPP

Public-Private Partnership

What's next for Able Freight Services?

The recent infusion of capital, alongside the substantial overall funding of $2M, positions Able Freight Services for strategic expansion and operational enhancement. This enterprise-level backing suggests a focus on scaling infrastructure, potentially expanding their global reach, and investing in advanced logistics technology to optimize service delivery. The company is likely to prioritize strengthening its competitive edge in the dynamic freight forwarding market, aiming for increased market share and enhanced service offerings to meet evolving client demands.

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Frequently Asked Questions Regarding Able Freight Services Financial Insights

What are the most recent funding rounds that Able Freight Services has completed, and what were the funding rounds?
Able Freight Services has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Able Freight Services has raised to date?
Able Freight Services has raised a total of $2M in funding to date.
How many funding rounds has Able Freight Services completed?
Able Freight Services has completed 1 funding rounds.
How much funding did Able Freight Services raise in its most recent funding round?
Able Freight Services raised $2M in its most recent funding round.
Who are the lead investors in Able Freight Services's latest funding round?
The lead investor in Able Freight Services'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 Able Freight Services's history?
The largest funding round in Able Freight Services's history was $2M.
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