How Much Did Old Time Express Raise?
Funding & Key Investors

Old Time Express has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's established presence and ongoing growth trajectory within the transportation sector. The company's funding history, while not detailed with specific amounts for earlier stages, indicates a progression towards significant capital infusions, suggesting a move from development to scaling phases.

What is Old Time Express?

Old Time Express
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1994 by Marshall "BO" White, Old Time Express is a trucking company based in Hartsville, TN, specializing in dry van services. Initially operating with a single truck, the company has expanded its fleet to over 20 trucks and 50 dry van trailers. Old Time Express serves clients throughout Tennessee and South Central Kentucky, with additional services extending to the Midwest and other regions as customer demand dictates. The company's core philosophy, reflected in its name, emphasizes a commitment to "Old Time" values of reliability and standing by one's word, ensuring on-time delivery and professional service.

How much funding has Old Time Express raised?

Old Time Express has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Old Time Express

PPP

Public-Private Partnership

What's next for Old Time Express?

The recent major strategic investment signifies a pivotal moment for Old Time Express, likely enabling further fleet expansion, technological upgrades, or market penetration. Given the company's late-stage funding context, this capital infusion is expected to support sustained growth and operational enhancements. Future developments may include optimizing logistics networks, adopting advanced tracking and management systems, and potentially broadening service areas to meet evolving client needs. The company's continued focus on its foundational values of commitment and reliability, coupled with strategic financial backing, positions it for continued success in the competitive freight transportation industry.

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Frequently Asked Questions Regarding Old Time Express Financial Insights

What are the most recent funding rounds that Old Time Express has completed, and what were the funding rounds?
Old Time Express has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Old Time Express has raised to date?
Old Time Express has raised a total of $150K in funding to date.
How many funding rounds has Old Time Express completed?
Old Time Express has completed 1 funding rounds.
How much funding did Old Time Express raise in its most recent funding round?
Old Time Express raised $150K in its most recent funding round.
Who are the lead investors in Old Time Express's latest funding round?
The lead investor in Old Time Express'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 Old Time Express's history?
The largest funding round in Old Time Express's history was $150K.
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