How Much Did Fast Exact Raise?
Funding & Key Investors

Fast Exact has secured $51K in total financing, with a recent capital injection of $51K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage for the company, underscores its strategic growth trajectory in the expedited shipping sector.

The company's latest investment round follows a prior debt financing of $51M in January 2021, signaling a shift towards equity or larger debt instruments to fuel its scaling operations.

What is Fast Exact?

Fast Exact
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Fast Exact specializes in expedited shipping services across the US and Canada, offering comprehensive logistics solutions. Their services include cargo insurance, team-operated vehicles, and specialized liftgate services for delicate items. The company emphasizes operational excellence through 24/7 dispatch and support, ensuring constant communication and management of shipments. Real-time visibility is provided via GPS tracking.

Catering to diverse industries such as e-commerce, manufacturing, and retail, Fast Exact focuses on timely deliveries and high customer satisfaction. With a modern fleet and a strong commitment to reliability, the company aims to meet the demanding logistics needs of both businesses and individuals seeking efficient and secure transportation of goods.

How much funding has Fast Exact raised?

Fast Exact has raised a total of $51K across 1 funding round:

2021

Debt

$51K

Debt (2021): $51K with participation from PPP

What's next for Fast Exact?

The substantial expansion capital Fast Exact has recently acquired positions the company for significant growth and market penetration. This investment is expected to bolster their operational capacity, potentially through fleet expansion, technological enhancements in tracking and dispatch, and broader geographic reach within North America.

As a company operating at a significant Series B/C stage, Fast Exact is likely to leverage this financing to solidify its competitive advantage in the expedited shipping market. Strategic initiatives may include enhancing their service offerings, optimizing supply chain efficiencies, and potentially exploring new industry verticals that require rapid and reliable logistics solutions. The focus on customer satisfaction and reliability suggests a continued emphasis on service quality as they scale.

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Frequently Asked Questions Regarding Fast Exact Financial Insights

What are the most recent funding rounds that Fast Exact has completed, and what were the funding rounds?
Fast Exact has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Fast Exact has raised to date?
Fast Exact has raised a total of $51K in funding to date.
How many funding rounds has Fast Exact completed?
Fast Exact has completed 1 funding rounds.
How much funding did Fast Exact raise in its most recent funding round?
Fast Exact raised $51K in its most recent funding round.
Who are the lead investors in Fast Exact's latest funding round?
The lead investor in Fast Exact'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 Fast Exact's history?
The largest funding round in Fast Exact's history was $51K.
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