How Much Did Advanced Delivery Service Raise?
Funding & Key Investors

Advanced Delivery Service has secured $337K in total financing, with its most recent funding round bringing in $187K. This significant capital infusion, characterized as a major strategic investment, underscores the company's robust growth trajectory and its pivotal role in the logistics sector. The company's financial history, marked by consistent debt financing, indicates a strategic approach to scaling operations and expanding service capabilities.

What is Advanced Delivery Service?

Advanced Delivery Service
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Advanced Delivery Service is a Salt Lake City-based logistics provider specializing in expedited transportation solutions. Their core offerings include same-day delivery, white glove delivery, and Less Than Truckload (LTL) freight services, catering to businesses with urgent shipping requirements. The company distinguishes itself through a commitment to dependable logistics support, ensuring the timely and careful handling of all shipments. Beyond delivery, Advanced Delivery Service also provides warehousing and professional packaging, positioning itself as a comprehensive logistics partner for a diverse clientele.

How much funding has Advanced Delivery Service raised?

Advanced Delivery Service has raised a total of $337K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$187K

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

Debt (2021): $187K led by PPP

Key Investors in Advanced Delivery Service

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Advanced Delivery Service?

With a substantial large-scale late-stage funding context, Advanced Delivery Service is poised for significant expansion and operational enhancement. The recent strategic investment likely signals a move towards broadening its service area, upgrading its fleet, or investing in advanced logistics technology to further optimize delivery efficiency and customer satisfaction. This capital will be instrumental in solidifying its market position and potentially exploring new service verticals within the competitive transportation industry. The company's focus on customer-centric solutions and reliable execution suggests a strategic path toward sustained growth and market leadership.

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Frequently Asked Questions Regarding Advanced Delivery Service Financial Insights

What are the most recent funding rounds that Advanced Delivery Service has completed, and what were the funding rounds?
Advanced Delivery Service has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on May 20, 2020.
What is the total amount of funding Advanced Delivery Service has raised to date?
Advanced Delivery Service has raised a total of $337K in funding to date.
How many funding rounds has Advanced Delivery Service completed?
Advanced Delivery Service has completed 2 funding rounds.
How much funding did Advanced Delivery Service raise in its most recent funding round?
Advanced Delivery Service raised $187K in its most recent funding round.
Who are the lead investors in Advanced Delivery Service's latest funding round?
The lead investor in Advanced Delivery Service'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 Advanced Delivery Service's history?
The largest funding round in Advanced Delivery Service's history was $187K.
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