How Much Did Kid Gloves Raise?
Funding & Key Investors

Kid Gloves, a prominent player in the specialty moving sector, has secured significant capital, with total funding reaching $379K. The company recently announced a $229K strategic investment, underscoring its robust financial standing and market confidence. This latest financing round follows previous debt financing rounds, indicating a strategic shift or expansion phase for the established enterprise.

What is Kid Gloves?

Kid Gloves
TransportationRail, Bus & Taxi

Kid Gloves Inc. has carved a niche in the logistics industry since its inception in 1981, specializing in the nationwide transportation of high-value and delicate items. Their reputation is built on a foundation of trust and superior quality of service, handling a diverse array of goods including antiques, fine art, clocks, mirrors, chandeliers, pianos, accessories, and furniture. With a proven track record across thousands of clients and the capability to execute jobs of any scale, Kid Gloves assures clients that their prized possessions are managed with exceptional care, living up to their name.

How much funding has Kid Gloves raised?

Kid Gloves has raised a total of $379K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$229K

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

Debt (2021): $229K led by PPP

What's next for Kid Gloves?

The substantial capital infusion, particularly the recent major strategic investment, positions Kid Gloves for significant growth and operational enhancement. As a company with a long-standing history and a clear focus on specialized logistics, this backing likely signals an acceleration in service expansion, technological integration for enhanced tracking and security, or a broadening of their nationwide network. The company's late-stage funding context suggests a focus on scaling operations, optimizing efficiency, and potentially exploring new market segments or service offerings to solidify its leadership in the high-value goods transportation market.

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Frequently Asked Questions Regarding Kid Gloves Financial Insights

What are the most recent funding rounds that Kid Gloves has completed, and what were the funding rounds?
Kid Gloves has recently completed 2 funding rounds: Debt on Feb 23, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Kid Gloves has raised to date?
Kid Gloves has raised a total of $379K in funding to date.
How many funding rounds has Kid Gloves completed?
Kid Gloves has completed 2 funding rounds.
How much funding did Kid Gloves raise in its most recent funding round?
Kid Gloves raised $229K in its most recent funding round.
Who are the lead investors in Kid Gloves's latest funding round?
The lead investor in Kid Gloves'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 Kid Gloves's history?
The largest funding round in Kid Gloves's history was $229K.
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