How Much Did OTD Raise?
Funding & Key Investors

OTD, a family-owned logistics company with over 40 years of experience, has secured $150K in total funding, including a recent $150K strategic investment. This significant capital infusion underscores the company's established presence and growth trajectory in the competitive logistics sector.

The company's recent financing round, dated April 10, 2020, involved a debt financing of $150M, indicating a strategic move to bolster operational capacity or expand service offerings.

What is OTD?

OTD
TransportationFreight & Logistics Services

OTD Florida specializes in comprehensive courier and overnight delivery services across the state. Leveraging four decades of operational expertise, the company provides bespoke logistics solutions tailored for critical industries such as healthcare, manufacturing, and e-commerce. Their service portfolio encompasses state-wide courier operations, advanced fulfillment center warehousing, and specialized life science logistics, all designed to ensure the utmost promptness and reliability. OTD Florida is committed to delivering exceptional customer service and maintaining a flexible, scalable operational model capable of supporting businesses of varying sizes.

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?

With a substantial history and a recent strategic investment, OTD is well-positioned for continued expansion and service enhancement. The company's focus on customized logistics for vital sectors suggests a strategic direction towards deepening its market penetration in healthcare, manufacturing, and e-commerce. Future growth may involve leveraging this capital to enhance technological capabilities, expand its delivery network, or acquire complementary logistics businesses. The company's commitment to customer service and scalability indicates a strategy focused on long-term client relationships and adapting to evolving market demands.

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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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