How Much Did North Atlantic Distribution Raise?
Funding & Key Investors

North Atlantic Distribution, a cornerstone of automotive logistics at the Port of Davisville, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative financing milestone of $2.9M, with the most recent strategic investment totaling $1.9M. This influx of capital underscores the company's critical role in the North American automotive supply chain, particularly as it manages complex vehicle processing requirements for major global manufacturers.

What is North Atlantic Distribution?

North Atlantic Distribution
TransportationMarine Shipping & TransportationFreight & Logistics Services

Established in 1986, North Atlantic Distribution (NORAD) operates as a specialized vehicle processing and distribution hub. With a sprawling 235-acre facility, the company provides essential Roll-on/Roll-off (RORO) services, facilitating the efficient movement of imported and domestic vehicles. By supporting 65 distinct car models for various OEM partners, NORAD has cemented its position as a high-volume logistics provider. The company's market position is defined by its ability to integrate large-scale infrastructure with precise quality control, serving as a vital link between maritime transport and inland automotive distribution networks.

How much funding has North Atlantic Distribution raised?

North Atlantic Distribution has raised a total of $2.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.9M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.9M led by PPP

Key Investors in North Atlantic Distribution

PPP

Public-Private Partnership

What's next for North Atlantic Distribution?

With this major enterprise-level funding, North Atlantic Distribution is positioned to optimize its facility throughput and enhance its technological integration for vehicle tracking and processing. As the automotive industry shifts toward more complex supply chain demands, the company is likely to prioritize infrastructure upgrades that support increased RORO volume and diversified service offerings. This strategic capital deployment will enable NORAD to maintain its competitive edge in the logistics sector, ensuring that its 235-acre footprint remains a premier destination for automotive manufacturers seeking reliable, high-capacity distribution solutions in the North Atlantic region.

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Frequently Asked Questions Regarding North Atlantic Distribution Financial Insights

What are the most recent funding rounds that North Atlantic Distribution has completed, and what were the funding rounds?
North Atlantic Distribution has recently completed 2 funding rounds: Debt on Mar 3, 2021, Debt on Apr 14, 2020.
What is the total amount of funding North Atlantic Distribution has raised to date?
North Atlantic Distribution has raised a total of $2.9M in funding to date.
How many funding rounds has North Atlantic Distribution completed?
North Atlantic Distribution has completed 2 funding rounds.
How much funding did North Atlantic Distribution raise in its most recent funding round?
North Atlantic Distribution raised $1.9M in its most recent funding round.
Who are the lead investors in North Atlantic Distribution's latest funding round?
The lead investor in North Atlantic Distribution'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 North Atlantic Distribution's history?
The largest funding round in North Atlantic Distribution's history was $1.9M.
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