What is Double River Forwarding?
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:
Debt
$44K
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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