How Much Did Preferred Logistics Raise?
Funding & Key Investors

Preferred Logistics, a prominent player in the logistics sector, has secured substantial capital, with its total funding reaching $150K. The company recently announced a significant strategic investment of $150K, underscoring its robust growth trajectory and market confidence. This latest financing round, occurring on April 5, 2020, signifies a pivotal moment for the family-owned trucking enterprise based in Phoenix, Arizona.

What is Preferred Logistics?

Preferred Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Preferred Logistics LLC is a well-established, family-owned trucking company with nearly 25 years of operational experience. Headquartered in Phoenix, Arizona, the company provides comprehensive logistics solutions across the lower 48 United States. Their service portfolio includes real-time shipment tracking, secure warehouse storage, and competitive pricing, catering to businesses requiring dependable freight services. Preferred Logistics is also actively expanding its carrier network to enhance its service capabilities and reach.

How much funding has Preferred Logistics raised?

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

2020

Debt

$150K

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

Key Investors in Preferred Logistics

PPP

Public-Private Partnership

What's next for Preferred Logistics?

The recent strategic investment of $150K positions Preferred Logistics for significant expansion and operational enhancement. As a company that has achieved large-scale late-stage funding, the focus will likely be on scaling operations, potentially through fleet acquisition, technological upgrades for enhanced tracking and efficiency, and broadening its service area. This capital infusion is expected to solidify its market position and enable it to meet the growing demand for reliable logistics and freight services, further cementing its reputation for quality and customer satisfaction.

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Frequently Asked Questions Regarding Preferred Logistics Financial Insights

What are the most recent funding rounds that Preferred Logistics has completed, and what were the funding rounds?
Preferred Logistics has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Preferred Logistics has raised to date?
Preferred Logistics has raised a total of $150K in funding to date.
How many funding rounds has Preferred Logistics completed?
Preferred Logistics has completed 1 funding rounds.
How much funding did Preferred Logistics raise in its most recent funding round?
Preferred Logistics raised $150K in its most recent funding round.
Who are the lead investors in Preferred Logistics's latest funding round?
The lead investor in Preferred Logistics'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 Logistics's history?
The largest funding round in Preferred Logistics's history was $150K.
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