How Much Did Pride Intermodal Raise?
Funding & Key Investors

Pride Intermodal has secured $786K in total capital, with its most recent financing round bringing in $436K in a major strategic investment. This significant backing underscores the company's established position in the logistics sector and its potential for continued expansion.

What is Pride Intermodal?

Pride Intermodal
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Pride Intermodal Inc., based in Commerce, CA, is a privately owned trucking company specializing in intermodal drayage services. With over two decades of operational experience, the firm is recognized for delivering prompt, reliable, and high-quality transportation solutions, including shuttle services and local pickup and delivery. The company's commitment to efficient and cost-effective freight movement has positioned it as a preferred logistics partner for businesses seeking dependable support. Their focus on professionalism and innovation has enabled them to outpace regional competitors in moving substantial volumes of freight.

How much funding has Pride Intermodal raised?

Pride Intermodal has raised a total of $786K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$436K

Debt (2020): $350K with participation from PPP

Debt (2021): $436K led by PPP

What's next for Pride Intermodal?

The recent major strategic investment into Pride Intermodal signals a pivotal moment for the company, likely enabling significant operational enhancements and market penetration. This influx of capital is expected to fuel strategic growth initiatives, potentially involving fleet expansion, technology upgrades for enhanced efficiency, and broader service area coverage. As a key player in intermodal drayage, Pride Intermodal is poised to leverage this financial backing to solidify its competitive advantage and capture greater market share within the dynamic logistics landscape.

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Frequently Asked Questions Regarding Pride Intermodal Financial Insights

What are the most recent funding rounds that Pride Intermodal has completed, and what were the funding rounds?
Pride Intermodal has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on May 19, 2020.
What is the total amount of funding Pride Intermodal has raised to date?
Pride Intermodal has raised a total of $786K in funding to date.
How many funding rounds has Pride Intermodal completed?
Pride Intermodal has completed 2 funding rounds.
How much funding did Pride Intermodal raise in its most recent funding round?
Pride Intermodal raised $436K in its most recent funding round.
Who are the lead investors in Pride Intermodal's latest funding round?
The lead investor in Pride Intermodal'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 Pride Intermodal's history?
The largest funding round in Pride Intermodal's history was $436K.
See more information about Pride Intermodal