How Much Did Cherokee Freight Lines Raise?
Funding & Key Investors

Cherokee Freight Lines, a long-standing trucking company, has secured $350K in total capital, with a recent strategic investment of $350K announced on April 27, 2020. This significant backing underscores the company's established position in the logistics sector and its ongoing growth trajectory.

What is Cherokee Freight Lines?

Cherokee Freight Lines
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded over 50 years ago and family-owned, Cherokee Freight Lines operates from Stockton, California, specializing in the transportation of dry freight, winery products, and food-grade commodities. The company boasts a substantial fleet of over 300 trucks and provides a comprehensive suite of services, including kosher-certified hauling and 24-hour dispatch. Cherokee Freight Lines places a strong emphasis on operational excellence, adhering to strict DOT guidelines for equipment maintenance and safety standards, and serves major national corporations.

How much funding has Cherokee Freight Lines raised?

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

2020

Debt

$350K

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

What's next for Cherokee Freight Lines?

The recent strategic investment, occurring within a large-scale late-stage funding context, suggests Cherokee Freight Lines is poised for further expansion and operational enhancement. This capital infusion is likely to support fleet modernization, technological integration for improved logistics efficiency, and potentially the broadening of service areas or specialized hauling capabilities. The company's extensive experience and focus on safety and quality position it well to leverage this financing for sustained market leadership in the competitive freight transportation industry.

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Frequently Asked Questions Regarding Cherokee Freight Lines Financial Insights

What are the most recent funding rounds that Cherokee Freight Lines has completed, and what were the funding rounds?
Cherokee Freight Lines has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Cherokee Freight Lines has raised to date?
Cherokee Freight Lines has raised a total of $350K in funding to date.
How many funding rounds has Cherokee Freight Lines completed?
Cherokee Freight Lines has completed 1 funding rounds.
How much funding did Cherokee Freight Lines raise in its most recent funding round?
Cherokee Freight Lines raised $350K in its most recent funding round.
Who are the lead investors in Cherokee Freight Lines's latest funding round?
The lead investor in Cherokee Freight Lines'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 Cherokee Freight Lines's history?
The largest funding round in Cherokee Freight Lines's history was $350K.
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