How Much Did Cross Trailers Raise?
Funding & Key Investors

Cross Trailers, a manufacturer focused on quality enclosed cargo trailers, has secured $524K in total capital. The company recently announced a $374K major strategic investment, underscoring its significant growth trajectory and market position. This latest financing round follows previous debt financing, indicating a shift towards scaling operations and expanding market reach.

What is Cross Trailers?

Cross Trailers
ManufacturingMotor VehiclesRetail

Cross Trailers LLC is a trailer manufacturer dedicated to delivering quality enclosed cargo trailers to retail customers, emphasizing durability, honest pricing, and reliable performance. The company distinguishes itself by including features and options in its standard build that competitors typically charge as upgrades. Its flagship Aegis system showcases a commitment to engineering, featuring reinforced walls and roofing designed to protect cargo. Cross Trailers prioritizes integrity in vendor relationships and problem-solving, working collaboratively with suppliers and customers. The company's customer base includes retail buyers who use enclosed trailers for hauling, storage, and mobile workspace applications, with owners reporting satisfaction with towing performance, maneuverability, and long-term durability. Strong customer loyalty is evident through repeat buyers and active recommendations over competing brands. Responsive service and fair resolution of issues reinforce its reputation for standing behind its products.

How much funding has Cross Trailers raised?

Cross Trailers has raised a total of $524K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$374K

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

Debt (2021): $374K led by PPP

What's next for Cross Trailers?

The recent major strategic investment signifies a pivotal moment for Cross Trailers, likely enabling the company to accelerate its expansion plans. This capital infusion is expected to support enhanced production capabilities, broader distribution networks, and potentially the development of new product lines or technological advancements. The company's focus on integrating thoughtful design, premium materials, and skilled craftsmanship, coupled with its transparent pricing strategy, positions it for continued success in the competitive trailer manufacturing sector. Future growth will likely involve leveraging its established reputation for quality and customer satisfaction to capture a larger market share.

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Frequently Asked Questions Regarding Cross Trailers Financial Insights

What are the most recent funding rounds that Cross Trailers has completed, and what were the funding rounds?
Cross Trailers has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Cross Trailers has raised to date?
Cross Trailers has raised a total of $524K in funding to date.
How many funding rounds has Cross Trailers completed?
Cross Trailers has completed 2 funding rounds.
How much funding did Cross Trailers raise in its most recent funding round?
Cross Trailers raised $374K in its most recent funding round.
Who are the lead investors in Cross Trailers's latest funding round?
The lead investor in Cross Trailers'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 Cross Trailers's history?
The largest funding round in Cross Trailers's history was $374K.
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