How Much Did D Lines Raise?
Funding & Key Investors

D Lines, a seasoned player in hazardous material transportation, has recently secured a major strategic investment, underscoring its critical role in the supply chain. While the total funding amount remains at $1.1M, this latest capital infusion of $900K signals a significant development for the Effingham, IL-based company. The recent financing round highlights continued confidence in D Lines' operational capabilities and market position within the specialized logistics sector.

What is D Lines?

D Lines
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

With nearly four decades of experience, D Lines has established itself as a leader in the safe and reliable transportation of hazardous materials. The company's expertise spans a range of volatile substances, including propane, anhydrous ammonia, liquid asphalt, and emulsion. D Lines caters to a diverse clientele across chemical manufacturing, oil and gas, agriculture, and civil construction industries, providing bespoke transportation solutions. Its unwavering commitment to safety, operational excellence, and punctual deliveries has cemented its reputation as a trusted partner in the transportation industry.

How much funding has D Lines raised?

D Lines has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$150K

2024

Debt

$900K

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

Debt (2024): $900K led by Peoples Bank & Trust

Key Investors in D Lines

Peoples Bank & Trust

Peoples Bank & Trust, operating at www.bankpbt.com, is a financial institution likely providing debt financing and banking services to established businesses, supporting their operational and growth initiatives.

PPP

Public-Private Partnership

What's next for D Lines?

The recent major strategic investment positions D Lines for enhanced growth and operational scaling. This capital injection is expected to bolster the company's capacity to handle increasingly complex logistics challenges and expand its service offerings. As D Lines continues to navigate the demanding landscape of hazardous material transport, this funding will likely support fleet modernization, technological advancements in tracking and safety, and potentially geographic expansion, further solidifying its competitive edge and commitment to serving critical industrial sectors.

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Frequently Asked Questions Regarding D Lines Financial Insights

What are the most recent funding rounds that D Lines has completed, and what were the funding rounds?
D Lines has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Apr 8, 2020.
What is the total amount of funding D Lines has raised to date?
D Lines has raised a total of $1.1M in funding to date.
How many funding rounds has D Lines completed?
D Lines has completed 2 funding rounds.
How much funding did D Lines raise in its most recent funding round?
D Lines raised $900K in its most recent funding round.
Who are the lead investors in D Lines's latest funding round?
The lead investor in D Lines's latest funding round was Peoples Bank & Trust. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in D Lines's history?
The largest funding round in D Lines's history was $900K.
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