How Much Did OTD Raise?
Funding & Key Investors

OTD, a prominent Florida-based logistics provider, has successfully secured a major strategic investment to bolster its operational infrastructure. This latest capital injection, totaling $150K, represents a significant milestone in the company's growth trajectory. With a cumulative financial backing of $150K, the firm is well-positioned to enhance its service delivery capabilities across the competitive logistics landscape.

What is OTD?

OTD
TransportationFreight & Logistics Services

OTD operates as a specialized logistics and courier firm with a deep-rooted history spanning over four decades. The company distinguishes itself through a versatile service portfolio that encompasses state-wide courier operations, fulfillment center warehousing, and specialized life science logistics. By catering to high-stakes sectors such as healthcare, manufacturing, and e-commerce, OTD has established a reputation for reliability and scalability. Their business model is built upon a foundation of customized logistics solutions, allowing them to serve a diverse client base ranging from small enterprises to large-scale industrial operations. As a family-owned entity, OTD leverages its long-standing market presence to maintain high service standards while adapting to the evolving demands of modern supply chain management.

How much funding has OTD raised?

OTD has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in OTD

PPP

Public-Private Partnership

What's next for OTD?

Following this major strategic investment, OTD is expected to prioritize the expansion of its fulfillment and life science logistics divisions. The infusion of capital will likely be directed toward upgrading warehouse technology and optimizing last-mile delivery networks to maintain its competitive edge in the Florida market. By focusing on operational efficiency and service diversification, the company is poised to capture additional market share within the healthcare and e-commerce logistics sectors. Future growth will likely hinge on the firm's ability to integrate advanced tracking and fulfillment software while maintaining the personalized service model that has defined its four-decade tenure in the industry.

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Frequently Asked Questions Regarding OTD Financial Insights

What are the most recent funding rounds that OTD has completed, and what were the funding rounds?
OTD has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding OTD has raised to date?
OTD has raised a total of $150K in funding to date.
How many funding rounds has OTD completed?
OTD has completed 1 funding rounds.
How much funding did OTD raise in its most recent funding round?
OTD raised $150K in its most recent funding round.
Who are the lead investors in OTD's latest funding round?
The lead investor in OTD'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 OTD's history?
The largest funding round in OTD's history was $150K.
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