Hammond's Transportation Funding: How Much Did They Raise & Key Investors

How Much Did Hammond's Transportation Raise?
Funding & Key Investors

Hammond's Transportation has secured $832K in total capital, with its most recent funding round bringing in $482K in a major strategic investment. This significant backing underscores the company's established presence and potential for future expansion within the transportation sector.

The company's financial history, marked by two prior Debt funding rounds totaling $832M, indicates a consistent need for capital to support its operations and growth initiatives. The most recent financing event occurred on January 28, 2021.

What is Hammond's Transportation?

Hammond's Transportation

Transportation

Rail, Bus & Taxi

Hammond's Transportation operates as a provider of safe, timely, and dependable transportation services across the Greater New Orleans area. The company distinguishes itself through a first-class fleet of school buses and vans, operated by qualified drivers. Its strategic objective is to be recognized as a premier transportation company within its service region, emphasizing reliability and quality of service for various client groups.

How much funding has Hammond's Transportation raised?

Hammond's Transportation has raised a total of $832K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$482K

Debt (2020): $350K with participation from PPP

Debt (2021): $482K led by PPP

Key Investors in Hammond's Transportation

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Hammond's Transportation?

The recent major strategic investment suggests Hammond's Transportation is poised for a new phase of development, potentially focusing on scaling its operations, modernizing its fleet, or expanding its service offerings. The substantial prior debt financing indicates a history of operational investment, and this new capital infusion is likely to accelerate its strategic goals. The company's focus on dependable service positions it well to capitalize on opportunities within the regional transportation market.

See full Hammond's Transportation company page

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Frequently Asked Questions Regarding Hammond's Transportation Financial Insights

What are the most recent funding rounds that Hammond's Transportation has completed, and what were the funding rounds?

Hammond's Transportation has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 29, 2020.

What is the total amount of funding Hammond's Transportation has raised to date?

Hammond's Transportation has raised a total of $832K in funding to date.

How many funding rounds has Hammond's Transportation completed?

Hammond's Transportation has completed 2 funding rounds.

How much funding did Hammond's Transportation raise in its most recent funding round?

Hammond's Transportation raised $482K in its most recent funding round.

Who are the lead investors in Hammond's Transportation's latest funding round?

The lead investor in Hammond's 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 Hammond's Transportation's history?

The largest funding round in Hammond's Transportation's history was $482K.

See more information about Hammond's Transportation