What is Cold Freight Services?
Cold Freight Services is a specialized provider of refrigerated courier solutions, operating primarily in Atlanta and the broader Southeast region. With over 25 years of experience, the company focuses on dependable, temperature-controlled freight transportation. Their offerings include a comprehensive suite of temperature control products such as dry ice, Styrofoam coolers, and gel packs, designed to meet the expedited delivery needs of clients requiring reliable cold chain logistics. The company emphasizes competitive rates and round-the-clock dispatch support to ensure efficient and cost-effective service for businesses reliant on sensitive freight.
How much funding has Cold Freight Services raised?
Cold Freight Services has raised a total of $492K across 2 funding rounds:
Debt
$150K
Debt
$342K
Debt (2020): $150K with participation from PPP
Debt (2021): $342K led by PPP
What's next for Cold Freight Services?
The substantial capital infusion, particularly the recent major strategic investment, positions Cold Freight Services for significant expansion and operational enhancement. This late-stage funding context suggests a focus on scaling its existing infrastructure, potentially expanding its service area beyond the Southeast, and further investing in its fleet and technology to maintain its competitive edge in expedited cold freight transportation. The company is poised to solidify its market leadership through strategic growth initiatives.
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