How Much Did AG Source Raise?
Funding & Key Investors

AG Source, a logistics firm specializing in transportation management and freight brokerage, has secured $485K in total capital. The company recently announced a major strategic investment, bringing its recent funding to $335K. This latest financing round underscores AG Source's established position in the market and its ongoing growth trajectory within the competitive logistics sector.

What is AG Source?

AG Source
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

AG Source, Inc. operates as a comprehensive logistics company, focusing on transportation management and freight brokerage services. They cater to a diverse clientele, from independent contractors to large corporations, by offering efficient solutions for both bulk and van freight across the United States and into Canada. Leveraging decades of industry experience and advanced technological capabilities, AG Source is adept at providing rapid and precise quotes for goods transportation. The company's operational success is significantly attributed to its robust network of experienced carriers, ensuring the punctual and secure delivery of products.

How much funding has AG Source raised?

AG Source has raised a total of $485K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$335K

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

Debt (2021): $335K led by PPP

Key Investors in AG Source

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participating in the funding round, contributing to AG Source's overall capital structure.

What's next for AG Source?

With the recent influx of capital from a major strategic investment, AG Source is poised for significant expansion and enhancement of its service offerings. This large-scale, late-stage funding suggests a focus on scaling operations, potentially through technological advancements, fleet expansion, or broader market penetration. The strategic nature of the investment indicates a strong belief in AG Source's business model and its capacity to capture a larger share of the transportation management and freight brokerage market. Future developments are likely to center on optimizing supply chain efficiencies and reinforcing its competitive edge in national and international logistics.

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Frequently Asked Questions Regarding AG Source Financial Insights

What are the most recent funding rounds that AG Source has completed, and what were the funding rounds?
AG Source has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 3, 2020.
What is the total amount of funding AG Source has raised to date?
AG Source has raised a total of $485K in funding to date.
How many funding rounds has AG Source completed?
AG Source has completed 2 funding rounds.
How much funding did AG Source raise in its most recent funding round?
AG Source raised $335K in its most recent funding round.
Who are the lead investors in AG Source's latest funding round?
The lead investor in AG Source'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 AG Source's history?
The largest funding round in AG Source's history was $335K.
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