How Much Did CargoTrans Raise?
Funding & Key Investors

CargoTrans has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized by a $350K major strategic investment, underscores the firm's robust trajectory within the global logistics sector. By leveraging this influx of financing, the company is well-positioned to solidify its operational footprint and enhance its service delivery capabilities in an increasingly complex international trade environment.

What is CargoTrans?

CargoTrans
TransportationFreight & Logistics Services

Headquartered in Valley Stream, New York, CargoTrans Inc. operates as a critical node in the global supply chain, specializing in customs brokerage, consolidation, and comprehensive freight forwarding services. The firm provides a sophisticated suite of logistics solutions, including consumption entry, export customs clearance, and advanced warehouse management. By integrating automated invoice interfaces and remote location filing, CargoTrans maintains a competitive edge in streamlining the movement of goods across borders, serving as a vital partner for enterprises navigating the intricacies of international trade compliance and distribution.

How much funding has CargoTrans raised?

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

2020

Debt

$350K

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

Key Investors in CargoTrans

PPP

Public-Private Partnership

What's next for CargoTrans?

With the completion of this late-stage funding, CargoTrans is poised to accelerate its strategic growth initiatives. The capital will likely be directed toward scaling its digital infrastructure and expanding its warehouse management capabilities to meet the rising demand for efficient, tech-enabled logistics. As the company transitions into this next phase of maturity, the focus will remain on optimizing cross-border clearance processes and enhancing the automated systems that define its market position. This investment serves as a catalyst for long-term stability and operational excellence in the freight forwarding industry.

See full CargoTrans company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportation
Freight & Logistics ServicesTransportation
Freight & Logistics ServicesTransportationDepartment Stores, Shopping Centers & SuperstoresMarine Shipping & TransportationRetail
Freight & Logistics ServicesTransportationConsumer ServicesRepair ServicesTrucking, Moving & Storage

Frequently Asked Questions Regarding CargoTrans Financial Insights

What are the most recent funding rounds that CargoTrans has completed, and what were the funding rounds?
CargoTrans has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding CargoTrans has raised to date?
CargoTrans has raised a total of $350K in funding to date.
How many funding rounds has CargoTrans completed?
CargoTrans has completed 1 funding rounds.
How much funding did CargoTrans raise in its most recent funding round?
CargoTrans raised $350K in its most recent funding round.
Who are the lead investors in CargoTrans's latest funding round?
The lead investor in CargoTrans'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 CargoTrans's history?
The largest funding round in CargoTrans's history was $350K.
See more information about CargoTrans