How Much Did ASAP Freight Raise?
Funding & Key Investors

ASAP Freight has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the company's robust trajectory within the competitive logistics landscape. By leveraging this strategic investment, the Salt Lake City-based firm is poised to solidify its operational footprint and enhance its service delivery capabilities across key regional corridors.

What is ASAP Freight?

ASAP Freight
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

ASAP Freight operates as a specialized logistics provider, delivering critical same-day and next-day transportation solutions. Headquartered in Salt Lake City, the company has carved out a distinct market position by integrating drayage services at major rail and port facilities with comprehensive warehousing operations in both Utah and Southern California. Their service portfolio, which includes hot shot delivery and cross-docking, addresses the increasing demand for high-velocity supply chain management. By maintaining a versatile fleet and infrastructure, ASAP Freight serves as a vital link for businesses requiring reliable, time-sensitive freight movement across domestic and global networks.

How much funding has ASAP Freight raised?

ASAP Freight has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in ASAP Freight

PPP

Public-Private Partnership

What's next for ASAP Freight?

With the infusion of this late-stage capital, ASAP Freight is strategically positioned to scale its infrastructure and optimize its logistics network. The company is expected to focus on enhancing its cross-docking efficiency and expanding its warehousing capacity to meet the growing requirements of its client base. As the transportation sector continues to prioritize speed and reliability, ASAP Freight's ability to manage complex drayage and transit operations will likely serve as a primary driver for future growth. The firm remains focused on strengthening its competitive advantage in the regional trucking market while exploring opportunities to further integrate its global shipping capabilities.

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Frequently Asked Questions Regarding ASAP Freight Financial Insights

What are the most recent funding rounds that ASAP Freight has completed, and what were the funding rounds?
ASAP Freight has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding ASAP Freight has raised to date?
ASAP Freight has raised a total of $350K in funding to date.
How many funding rounds has ASAP Freight completed?
ASAP Freight has completed 1 funding rounds.
How much funding did ASAP Freight raise in its most recent funding round?
ASAP Freight raised $350K in its most recent funding round.
Who are the lead investors in ASAP Freight's latest funding round?
The lead investor in ASAP Freight'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 ASAP Freight's history?
The largest funding round in ASAP Freight's history was $350K.
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