What is Broadrange Logistics?
Broadrange Logistics positions itself as a comprehensive provider for all logistics requirements, offering a wide array of services. These include warehousing, transloading, cross-docking, consolidation/deconsolidation, distribution, and e-commerce fulfillment. The company caters to a diverse clientele, ranging from large Fortune 500 corporations to smaller enterprises, by delivering customized solutions designed to foster business expansion and enhance customer satisfaction. Broadrange aims to function as an extension of its clients' operational teams, acting as a reliable partner to maximize business potential.
How much funding has Broadrange Logistics raised?
Broadrange Logistics has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Broadrange Logistics
PPP
Public-Private Partnership
What's next for Broadrange Logistics?
The substantial late-stage funding indicates Broadrange Logistics is poised for significant scaling and market penetration. This capital will likely be directed towards expanding operational capacity, enhancing technological infrastructure for greater efficiency, and potentially exploring new geographic markets or service verticals. The strategic nature of the recent investment suggests a focus on solidifying its market leadership and optimizing its extensive service offerings to meet the evolving demands of the logistics industry.
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