How Much Did Capable Express Raise?
Funding & Key Investors

Capable Express, a carrier service founded in late 2013, has secured significant capital, with its total funding reaching $346K. The company recently announced a major strategic investment of $196K, underscoring its position in the transportation and logistics sector. This latest financing round follows previous debt financing, indicating a strategic shift or expansion phase for the company.

What is Capable Express?

Capable Express
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Capable Express was established by Steve Cape, leveraging his 25 years of experience in the transportation industry to build a premier carrier service. The company aims to provide quality transportation services, characterized by new equipment, advanced facilities, unmatched service, rapid responsiveness, and on-time deliveries across the United States. Its operational focus is on delivering reliable logistics solutions to its clientele.

How much funding has Capable Express raised?

Capable Express has raised a total of $346K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$196K

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

Debt (2021): $196K led by PPP

Key Investors in Capable Express

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Capable Express?

The recent large-scale late-stage funding, characterized as a major strategic investment, suggests Capable Express is poised for significant expansion and operational enhancement. This infusion of capital will likely be directed towards scaling its fleet, upgrading technology infrastructure, and potentially broadening its service network. The company's trajectory indicates a move towards solidifying its market share and enhancing its competitive edge in the demanding transportation industry.

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Frequently Asked Questions Regarding Capable Express Financial Insights

What are the most recent funding rounds that Capable Express has completed, and what were the funding rounds?
Capable Express has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Capable Express has raised to date?
Capable Express has raised a total of $346K in funding to date.
How many funding rounds has Capable Express completed?
Capable Express has completed 2 funding rounds.
How much funding did Capable Express raise in its most recent funding round?
Capable Express raised $196K in its most recent funding round.
Who are the lead investors in Capable Express's latest funding round?
The lead investor in Capable Express'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 Capable Express's history?
The largest funding round in Capable Express's history was $196K.
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