What is Circle Logistics?
Founded in 2011 by industry veterans Eric Fortmeyer and Chad Buchanan, Circle Logistics began as an asset carrier and quickly evolved into a comprehensive freight brokerage operation. The company has demonstrated impressive expansion, growing from its initial Chicago branch to encompass nine locations across the United States. Circle Logistics attributes its sustained, high-percentage year-over-year growth to continuous investment in its personnel and strategic business development.
How much funding has Circle Logistics raised?
Circle Logistics has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Circle Logistics
PPP
Public-Private Partnership
What's next for Circle Logistics?
The recent major strategic investment suggests Circle Logistics is poised for further scaling and operational enhancement. This capital infusion is likely to fuel expansion into new markets, bolster technological infrastructure, and potentially facilitate acquisitions to strengthen its service offerings in the competitive logistics and freight sector. The company's consistent growth and focus on talent development indicate a strong foundation for future enterprise-level achievements.
See full Circle Logistics company page
