How Much Did Mit Freight Raise?
Funding & Key Investors

Mit Freight has secured $40K in total financing, with its most recent funding round yielding $40K. This capital infusion, described as substantial expansion capital, positions the company for significant growth. The company's funding history indicates a trajectory consistent with a significant Series B/C stage, suggesting a focus on scaling operations and market penetration.

What is Mit Freight?

Mit Freight
TransportationFreight & Logistics Services

Mit Freight, established in 2014 and based in Bridgeton, Missouri, specializes in the transportation of goods across America, offering both Dry Van and Reefer services. The company emphasizes reliable service, safety-conscious practices, and customer satisfaction. Their offerings include Full Truckload and Partial Truckload services, with effective communication and logistics tracking throughout the shipment process. Mit Freight aims to be a primary service provider or a surge capacity solution for businesses requiring timely and budget-conscious freight delivery.

How much funding has Mit Freight raised?

Mit Freight has raised a total of $40K across 1 funding round:

2021

Debt

$40K

Debt (2021): $40K with participation from PPP

Key Investors in Mit Freight

PPP

Public-Private Partnership

What's next for Mit Freight?

The recent influx of substantial expansion capital at a significant Series B/C stage suggests Mit Freight is poised for aggressive scaling. This strategic investment will likely be directed towards enhancing operational capacity, expanding its fleet, and potentially broadening its service network. The company's focus on safety and on-time delivery, coupled with its established presence since 2014, provides a solid foundation for leveraging this new financing to capture greater market share in the competitive logistics industry.

See full Mit Freight company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Airlines, Airports & Air ServicesTransportation

Frequently Asked Questions Regarding Mit Freight Financial Insights

What are the most recent funding rounds that Mit Freight has completed, and what were the funding rounds?
Mit Freight has recently completed 1 funding rounds: Debt on Mar 24, 2021.
What is the total amount of funding Mit Freight has raised to date?
Mit Freight has raised a total of $40K in funding to date.
How many funding rounds has Mit Freight completed?
Mit Freight has completed 1 funding rounds.
How much funding did Mit Freight raise in its most recent funding round?
Mit Freight raised $40K in its most recent funding round.
Who are the lead investors in Mit Freight's latest funding round?
The lead investor in Mit Freight'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 Mit Freight's history?
The largest funding round in Mit Freight's history was $40K.
See more information about Mit Freight