How Much Did Expressit Transportation Raise?
Funding & Key Investors

Expressit Transportation has secured $21K in total funding, with a recent capital infusion of $21K designated for substantial expansion. This financing round, occurring around January 31, 2021, signifies a significant stage in the company's growth, likely aligning with Series B or C investment levels, underscoring its established presence in the express trucking sector.

What is Expressit Transportation?

Expressit Transportation
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Expressit Transportation is a seasoned provider of same-day express trucking services operating within Seattle and across Washington State. Leveraging over four decades of industry experience, the company offers specialized airport express trucking connecting Seattle with Eastern Washington. Their service portfolio includes convenient scheduled Less Than Truckload (LTL) departures, confirmed deliveries, and dedicated expedited trucking solutions. A primary focus is serving airlines and forwarders at Sea-Tac Airport, ensuring the punctual and reliable transit of goods. Expressit Transportation is committed to delivering high-quality logistics, positioning itself as a preferred partner for critical shipping requirements.

How much funding has Expressit Transportation raised?

Expressit Transportation has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

Key Investors in Expressit Transportation

PPP

Public-Private Partnership

What's next for Expressit Transportation?

With the recent influx of substantial expansion capital, Expressit Transportation is poised for significant operational scaling and market penetration. The strategic investment is expected to fuel enhancements in fleet capacity, technological integration for improved tracking and efficiency, and potentially geographic expansion beyond its current Washington State footprint. This backing at a Series B/C stage suggests a focus on solidifying its competitive advantage in the time-sensitive logistics market, particularly for airport-related cargo and expedited LTL services, aiming to capture a larger share of the regional express freight market.

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Frequently Asked Questions Regarding Expressit Transportation Financial Insights

What are the most recent funding rounds that Expressit Transportation has completed, and what were the funding rounds?
Expressit Transportation has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding Expressit Transportation has raised to date?
Expressit Transportation has raised a total of $21K in funding to date.
How many funding rounds has Expressit Transportation completed?
Expressit Transportation has completed 1 funding rounds.
How much funding did Expressit Transportation raise in its most recent funding round?
Expressit Transportation raised $21K in its most recent funding round.
Who are the lead investors in Expressit Transportation's latest funding round?
The lead investor in Expressit Transportation'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 Expressit Transportation's history?
The largest funding round in Expressit Transportation's history was $21K.
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