How Much Did Cornerstone Freight Raise?
Funding & Key Investors

Cornerstone Freight, a logistics provider, has secured $43K in recent financing, contributing to its overall funding of $43K. This capital infusion underscores the company's strategic positioning within the transportation sector, aiming for substantial expansion.

What is Cornerstone Freight?

Cornerstone Freight
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Cornerstone Freight LLC, established in 2000, operates as a family-owned logistics company dedicated to delivering reliable and efficient transportation solutions for the manufacturing and retail industries. Leveraging over four decades of collective experience, the company has successfully managed more than 23,000 truckloads, maintaining an impressive 99% on-time delivery rate. Their comprehensive service portfolio includes truckload, LTL, flatbed, and box truck services, alongside distribution capabilities, all designed to optimize transportation costs and enhance operational efficiency for their clientele. Cornerstone Freight prioritizes transparent client communication regarding all transit orders, fostering trust and dependability.

How much funding has Cornerstone Freight raised?

Cornerstone Freight has raised a total of $43K across 1 funding round:

2021

Debt

$43K

Debt (2021): $43K with participation from PPP

Key Investors in Cornerstone Freight

PPP

Public-Private Partnership

What's next for Cornerstone Freight?

With the recent influx of substantial expansion capital, Cornerstone Freight is poised for significant growth. Operating at a significant Series B/C stage, this investment is likely earmarked for scaling operations, enhancing technological infrastructure, and potentially expanding service areas or fleet capacity. The company's focus on efficiency and client trust positions it well to capitalize on market opportunities and further solidify its standing in the competitive logistics landscape.

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Frequently Asked Questions Regarding Cornerstone Freight Financial Insights

What are the most recent funding rounds that Cornerstone Freight has completed, and what were the funding rounds?
Cornerstone Freight has recently completed 1 funding rounds: Debt on Mar 4, 2021.
What is the total amount of funding Cornerstone Freight has raised to date?
Cornerstone Freight has raised a total of $43K in funding to date.
How many funding rounds has Cornerstone Freight completed?
Cornerstone Freight has completed 1 funding rounds.
How much funding did Cornerstone Freight raise in its most recent funding round?
Cornerstone Freight raised $43K in its most recent funding round.
Who are the lead investors in Cornerstone Freight's latest funding round?
The lead investor in Cornerstone Freight'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 Cornerstone Freight's history?
The largest funding round in Cornerstone Freight's history was $43K.
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