How Much Did Preferred Charters Raise?
Funding & Key Investors

Preferred Charters, a family-run charter company established in 1982, has secured $150K in total capital, with its most recent financing round amounting to $150K. This significant strategic investment underscores the company's established presence and ongoing operational capacity in the Western United States market.

The company's financial history includes a notable debt financing of $150M on June 15, 2020, indicating a period of substantial financial backing to support its operations and fleet expansion.

What is Preferred Charters?

Preferred Charters
TransportationRail, Bus & Taxi

Operating out of the Bay Area with a satellite office in Sacramento, Preferred Charters specializes in providing diverse travel options across the Western United States. Their offerings encompass day trips, week-long tours, ski excursions, and casino trips, all facilitated by a modern fleet of luxury coaches. The company's mission centers on delivering high-quality travel experiences characterized by professional service, safety, and comfort. Preferred Charters caters to a broad clientele, including individual travelers and organized groups such as college athletic teams and tour operators, highlighting its versatility and commitment to reliability.

How much funding has Preferred Charters raised?

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

2020

Debt

$150K

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

What's next for Preferred Charters?

As a company operating within the large-scale, late-stage funding environment, Preferred Charters is strategically positioned for continued growth and operational enhancement. The recent strategic investment suggests a focus on expanding its service offerings, modernizing its fleet further, or potentially entering new geographic markets. This capital infusion is likely to bolster its competitive edge in the charter services industry, enabling it to meet increasing demand for group and individual travel solutions while maintaining its commitment to premium customer experiences.

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Frequently Asked Questions Regarding Preferred Charters Financial Insights

What are the most recent funding rounds that Preferred Charters has completed, and what were the funding rounds?
Preferred Charters has recently completed 1 funding rounds: Debt on Jun 15, 2020.
What is the total amount of funding Preferred Charters has raised to date?
Preferred Charters has raised a total of $150K in funding to date.
How many funding rounds has Preferred Charters completed?
Preferred Charters has completed 1 funding rounds.
How much funding did Preferred Charters raise in its most recent funding round?
Preferred Charters raised $150K in its most recent funding round.
Who are the lead investors in Preferred Charters's latest funding round?
The lead investor in Preferred Charters'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 Preferred Charters's history?
The largest funding round in Preferred Charters's history was $150K.
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