How Much Did Double River Forwarding Raise?
Funding & Key Investors

Double River Forwarding has secured $50K in recent financing, contributing to a total funding amount of $94K. This capital infusion underscores the company's significant Series B/C stage and its strategic positioning within the logistics sector.

The company's latest financial activities highlight a period of substantial expansion, signaling a robust growth trajectory and investor confidence in its operational model and market potential.

What is Double River Forwarding?

Double River Forwarding
TransportationFreight & Logistics Services

Double River Forwarding specializes in comprehensive freight forwarding services. Their offerings encompass the negotiation and booking of ocean freight, the meticulous filing of AES (Automated Export System) declarations, the precise creation of Bill of Lading instructions, and the complete or partial generation of necessary documentation. This end-to-end service capability positions them as a key facilitator in global trade and supply chain management.

How much funding has Double River Forwarding raised?

Double River Forwarding has raised a total of $94K across 2 funding rounds:

2021

Debt

$44K

2024

Debt

$50K

Debt (2021): $44K with participation from PPP

Debt (2024): $50K led by Umpqua Bank

Key Investors in Double River Forwarding

Umpqua Bank

Umpqua Bank, operating through www.umpquabank.com, is a financial institution that has provided debt financing to Double River Forwarding, indicating a role in supporting the company's operational capital needs.

PPP

Public-Private Partnership

What's next for Double River Forwarding?

Operating at a significant Series B/C stage, Double River Forwarding's recent acquisition of substantial expansion capital indicates a strategic push towards scaling operations and potentially broadening its service portfolio or geographic reach. The company is likely focused on optimizing its logistics network, enhancing technological capabilities for greater efficiency, and solidifying its market share in a competitive global freight forwarding landscape. Future developments may involve strategic partnerships or further investment rounds to sustain its growth momentum.

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Frequently Asked Questions Regarding Double River Forwarding Financial Insights

What are the most recent funding rounds that Double River Forwarding has completed, and what were the funding rounds?
Double River Forwarding has recently completed 2 funding rounds: Debt on Mar 31, 2024, Debt on Jan 28, 2021.
What is the total amount of funding Double River Forwarding has raised to date?
Double River Forwarding has raised a total of $94K in funding to date.
How many funding rounds has Double River Forwarding completed?
Double River Forwarding has completed 2 funding rounds.
How much funding did Double River Forwarding raise in its most recent funding round?
Double River Forwarding raised $50K in its most recent funding round.
Who are the lead investors in Double River Forwarding's latest funding round?
The lead investor in Double River Forwarding's latest funding round was Umpqua Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Double River Forwarding's history?
The largest funding round in Double River Forwarding's history was $50K.
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