What is Logfret?
Headquartered in North Bergen, New Jersey, Logfret operates as a critical node in the global supply chain, specializing in the resolution of intricate logistics pain points. By maintaining a presence in over 65 countries, the company provides both tangible and intangible value to a diverse international clientele. Its market position is defined by its ability to navigate the complexities of cross-border trade, leveraging a vast physical footprint to ensure operational efficiency and reliability for enterprise-level partners.
How much funding has Logfret raised?
Logfret has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$793K
Debt (2020): $350K with participation from PPP
Debt (2021): $793K led by PPP
Key Investors in Logfret
PPP
Public-Private Partnership
What's next for Logfret?
The infusion of capital positions Logfret to further optimize its service delivery models and potentially integrate advanced digital logistics solutions to maintain its competitive edge. As the company transitions through this phase of major enterprise-level funding, the focus will likely shift toward enhancing its technological capabilities and expanding its reach in emerging markets. By prioritizing infrastructure development and operational agility, Logfret is well-positioned to address the evolving demands of the global freight landscape, ensuring sustained growth and long-term value creation for its stakeholders.
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