How Much Did Nedrac Raise?
Funding & Key Investors

Nedrac has secured $452K in total capital, with its most recent financing round bringing in $302K in a major strategic investment. This significant capital infusion underscores the company's established position and ongoing growth trajectory within the logistics and relocation sector.

What is Nedrac?

Nedrac
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Nedrac operates as a licensed and bonded U.S. Freight Forwarder and Customs Broker, specializing in comprehensive global relocation services and freight forwarding. The company's extensive service portfolio includes air freight, customs brokerage, domestic and international relocations, and niche offerings such as pet and fine art shipping. Serving government agencies, businesses, and private individuals, Nedrac aims to provide efficient and compliant moving solutions. Its commitment to reliability has led to serving over 140,000 customers annually worldwide.

How much funding has Nedrac raised?

Nedrac has raised a total of $452K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$302K

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

Debt (2021): $302K led by PPP

What's next for Nedrac?

The recent large-scale late-stage funding indicates Nedrac is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in its global logistics network, technology infrastructure, and customer service capabilities. The company is well-positioned to capitalize on increasing demand for specialized relocation and freight forwarding services, further solidifying its market leadership.

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Frequently Asked Questions Regarding Nedrac Financial Insights

What are the most recent funding rounds that Nedrac has completed, and what were the funding rounds?
Nedrac has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Nedrac has raised to date?
Nedrac has raised a total of $452K in funding to date.
How many funding rounds has Nedrac completed?
Nedrac has completed 2 funding rounds.
How much funding did Nedrac raise in its most recent funding round?
Nedrac raised $302K in its most recent funding round.
Who are the lead investors in Nedrac's latest funding round?
The lead investor in Nedrac'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 Nedrac's history?
The largest funding round in Nedrac's history was $302K.
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