How Much Did First Star Logistics Raise?
Funding & Key Investors

First Star Logistics has solidified its market position through a significant capital infusion, securing a total of $5M to bolster its enterprise-level operations. This recent strategic investment of $5M underscores the firm's commitment to scaling its intermodal freight capabilities and enhancing its technological infrastructure within the competitive global logistics landscape.

What is First Star Logistics?

First Star Logistics
TransportationFreight & Logistics Services

Headquartered in Cincinnati, Ohio, First Star Logistics operates as a seasoned freight brokerage with a legacy spanning over six decades. The company distinguishes itself through a specialized focus on intermodal freight services, bridging the gap between complex supply chain requirements and reliable, secure delivery execution. By leveraging deep industry expertise alongside modern digital logistics tools, the firm optimizes freight movement for a diverse enterprise client base, maintaining a reputation for operational resilience and high-touch customer service.

How much funding has First Star Logistics raised?

First Star Logistics has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in First Star Logistics

PPP

Public-Private Partnership

What's next for First Star Logistics?

With this latest injection of capital, First Star Logistics is positioned to accelerate its digital transformation initiatives and expand its network of logistics agents and professional drivers. The strategic focus will likely center on integrating advanced tracking and management software to drive operational efficiency, thereby reducing transit times and improving cost-effectiveness for its partners. As the firm navigates the evolving demands of global trade, this funding provides the necessary liquidity to scale its service offerings and maintain its competitive edge in the intermodal sector.

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Frequently Asked Questions Regarding First Star Logistics Financial Insights

What are the most recent funding rounds that First Star Logistics has completed, and what were the funding rounds?
First Star Logistics has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding First Star Logistics has raised to date?
First Star Logistics has raised a total of $5M in funding to date.
How many funding rounds has First Star Logistics completed?
First Star Logistics has completed 1 funding rounds.
How much funding did First Star Logistics raise in its most recent funding round?
First Star Logistics raised $5M in its most recent funding round.
Who are the lead investors in First Star Logistics's latest funding round?
The lead investor in First Star Logistics'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 First Star Logistics's history?
The largest funding round in First Star Logistics's history was $5M.
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