How Much Did Citation Logistics Raise?
Funding & Key Investors

Citation Logistics has secured $347K in total capital, with its most recent financing round bringing in $197K in a major strategic investment. This significant backing underscores the company's established position in the logistics sector and its trajectory for continued expansion.

What is Citation Logistics?

Citation Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Citation Logistics is a comprehensive, 24-hour logistics provider headquartered in Slidell, Louisiana. The company specializes in a diverse array of transportation services, including flatbed trucking, heavy haul, and advanced shipment tracking. Serving critical industries such as oil & gas, construction, and telecommunications, Citation Logistics has built a reputation for reliability, evidenced by its impressive 98% on-time delivery rate. Leveraging over 80 years of combined industry experience, the firm is dedicated to delivering superior quality and dependable solutions, solidifying its role as a trusted partner in the logistics landscape.

How much funding has Citation Logistics raised?

Citation Logistics has raised a total of $347K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$197K

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

Debt (2021): $197K led by PPP

What's next for Citation Logistics?

The substantial capital infusion, particularly the recent strategic investment, positions Citation Logistics for accelerated growth and operational enhancement. This late-stage funding context suggests a focus on scaling infrastructure, expanding service offerings, and potentially entering new geographic markets. The company is likely to leverage this financial momentum to further solidify its competitive advantage in the demanding transportation and logistics industry, aiming to enhance efficiency and customer service capabilities.

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Frequently Asked Questions Regarding Citation Logistics Financial Insights

What are the most recent funding rounds that Citation Logistics has completed, and what were the funding rounds?
Citation Logistics has recently completed 2 funding rounds: Debt on Mar 24, 2021, Debt on May 3, 2020.
What is the total amount of funding Citation Logistics has raised to date?
Citation Logistics has raised a total of $347K in funding to date.
How many funding rounds has Citation Logistics completed?
Citation Logistics has completed 2 funding rounds.
How much funding did Citation Logistics raise in its most recent funding round?
Citation Logistics raised $197K in its most recent funding round.
Who are the lead investors in Citation Logistics's latest funding round?
The lead investor in Citation Logistics'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 Citation Logistics's history?
The largest funding round in Citation Logistics's history was $197K.
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