How Much Did iDrive Logistics Raise?
Funding & Key Investors

iDrive Logistics has secured significant capital, with total funding reaching $496K and a recent funding round of $0. This financial backing underscores the company's established position in the logistics sector and its ongoing growth trajectory. The company's recent funding date is noted as 2025-01-23.

What is iDrive Logistics?

iDrive Logistics
TransportationFreight & Logistics ServicesBusiness Services

iDrive Logistics specializes in providing intelligent logistics solutions for small-parcel shippers across diverse industry verticals. Leveraging an advanced business intelligence platform and deep industry expertise, the company focuses on contract optimization, insightful business intelligence, and strategic carrier partnerships. iDrive Logistics plays a crucial role in enhancing the efficiency of national supply chains through its pioneering cost model approach.

How much funding has iDrive Logistics raised?

iDrive Logistics has raised a total of $496K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$346K

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

Debt (2021): $346K led by PPP

Key Investors in iDrive Logistics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for iDrive Logistics?

As a company operating within a large-scale, late-stage funding environment, iDrive Logistics is poised for continued expansion and operational enhancement. The substantial capital infusion, represented by $496K, suggests a strategic focus on scaling operations, potentially through technological advancements, market penetration, or further integration of its business intelligence platform. Future developments are likely to center on solidifying its position as a leader in efficient supply chain management and optimizing its service offerings to an expanding client base.

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Frequently Asked Questions Regarding iDrive Logistics Financial Insights

What are the most recent funding rounds that iDrive Logistics has completed, and what were the funding rounds?
iDrive Logistics has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 10, 2020.
What is the total amount of funding iDrive Logistics has raised to date?
iDrive Logistics has raised a total of $496K in funding to date.
How many funding rounds has iDrive Logistics completed?
iDrive Logistics has completed 2 funding rounds.
How much funding did iDrive Logistics raise in its most recent funding round?
iDrive Logistics raised $346K in its most recent funding round.
Who are the lead investors in iDrive Logistics's latest funding round?
The lead investor in iDrive 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 iDrive Logistics's history?
The largest funding round in iDrive Logistics's history was $346K.
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