How Much Did Advanced Shipping Technologies Raise?
Funding & Key Investors

Advanced Shipping Technologies has secured significant capital, with a total funding amount of $349K. The company recently announced a major strategic investment of $199K, underscoring its robust growth trajectory and market position. This latest financing round signals a pivotal moment for the logistics and supply chain solutions provider, indicating a move towards scaling operations and expanding its technological capabilities.

What is Advanced Shipping Technologies?

Advanced Shipping Technologies
TransportationFreight & Logistics Services

Advanced Shipping Technologies, Inc. is a North American provider of creative logistics and supply chain solutions. The company distinguishes itself through personalized technology and services designed to enhance visibility, control, and cost-efficiency for its clients. Offering contract freight management with competitive rates and exceptional client service, Advanced Shipping Technologies leverages an experienced staff to support local businesses and community initiatives. As a WBENC-certified Women's Business Enterprise, the company is committed to supplier diversity and tailoring solutions to meet the unique needs of each business, fostering long-term client relationships.

How much funding has Advanced Shipping Technologies raised?

Advanced Shipping Technologies has raised a total of $349K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$199K

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

Debt (2021): $199K led by PPP

Key Investors in Advanced Shipping Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Advanced Shipping Technologies?

The recent major strategic investment in Advanced Shipping Technologies, following a period of substantial capital infusion, positions the company for significant expansion. Given the large-scale, late-stage funding context, the company is likely to focus on enhancing its technological infrastructure, expanding its service offerings across North America, and potentially exploring new market segments. Strategic partnerships and further integration of advanced logistics technologies are anticipated as the company aims to solidify its competitive advantage and drive further cost-efficiency and visibility for its clients. This capital injection is expected to fuel innovation and operational scaling, reinforcing its commitment to personalized service and supplier diversity.

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Frequently Asked Questions Regarding Advanced Shipping Technologies Financial Insights

What are the most recent funding rounds that Advanced Shipping Technologies has completed, and what were the funding rounds?
Advanced Shipping Technologies has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Advanced Shipping Technologies has raised to date?
Advanced Shipping Technologies has raised a total of $349K in funding to date.
How many funding rounds has Advanced Shipping Technologies completed?
Advanced Shipping Technologies has completed 2 funding rounds.
How much funding did Advanced Shipping Technologies raise in its most recent funding round?
Advanced Shipping Technologies raised $199K in its most recent funding round.
Who are the lead investors in Advanced Shipping Technologies's latest funding round?
The lead investor in Advanced Shipping Technologies'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 Shipping Technologies's history?
The largest funding round in Advanced Shipping Technologies's history was $199K.
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