How Much Did FORTRANS Raise?
Funding & Key Investors

FORTRANS has secured $150K in total capital, with its most recent funding round bringing in $150K. This major strategic investment marks a significant milestone for the Wisconsin-based trucking company, underscoring its position in the logistics sector. The company's financial trajectory indicates a focus on scaling operations and enhancing its service offerings within the competitive transportation industry.

What is FORTRANS?

FORTRANS
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Fortrans, Inc. is a long-standing, family-owned trucking enterprise established in 1928 and headquartered in Fort Atkinson, Wisconsin. The company specializes in Over-The-Road (OTR) truck driver recruitment, offering competitive employment packages that include weekly home time, automatic pay increments, and comprehensive benefits. FORTRANS targets experienced drivers who meet federal motor carrier guidelines, emphasizing driver satisfaction and maintaining a modern fleet. Their operational model is built on reliability and professional service within the trucking and logistics domain.

How much funding has FORTRANS raised?

FORTRANS has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for FORTRANS?

The recent strategic investment in FORTRANS signals a phase of accelerated growth and potential expansion. Given the company's late-stage funding context, this capital infusion is likely earmarked for fleet modernization, technological integration to optimize logistics, and potentially expanding its service routes or capacity. FORTRANS's commitment to driver retention and operational efficiency, coupled with this new financial backing, positions it to further solidify its market presence and capitalize on the increasing demand for dependable freight transportation services.

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Frequently Asked Questions Regarding FORTRANS Financial Insights

What are the most recent funding rounds that FORTRANS has completed, and what were the funding rounds?
FORTRANS has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding FORTRANS has raised to date?
FORTRANS has raised a total of $150K in funding to date.
How many funding rounds has FORTRANS completed?
FORTRANS has completed 1 funding rounds.
How much funding did FORTRANS raise in its most recent funding round?
FORTRANS raised $150K in its most recent funding round.
Who are the lead investors in FORTRANS's latest funding round?
The lead investor in FORTRANS'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 FORTRANS's history?
The largest funding round in FORTRANS's history was $150K.
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