How Much Did Pride Intermodal Raise?
Funding & Key Investors

Pride Intermodal, a trucking company specializing in intermodal drayage services, has secured $786K in total capital, with its most recent financing round totaling $436K. This major strategic investment underscores the company's significant position within the logistics sector and its ongoing growth trajectory. The context of this major enterprise-level funding suggests a pivotal moment for Pride Intermodal as it potentially scales operations or enhances its service offerings.

What is Pride Intermodal?

Pride Intermodal
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Pride Intermodal Inc. is a privately owned trucking firm headquartered in Commerce, CA, with over two decades of experience in providing specialized intermodal drayage services. The company is dedicated to delivering prompt, reliable, and high-quality transportation solutions, encompassing shuttle services and local pickup and delivery operations. Their commitment to efficient and cost-effective goods movement has established them as a preferred partner for businesses requiring dependable logistics support. Pride Intermodal's emphasis on professionalism and innovation has enabled them to outpace regional competitors in freight volume.

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

Key Investors in Pride Intermodal

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Pride Intermodal?

The substantial enterprise-level funding and recent strategic investment indicate Pride Intermodal is poised for significant expansion. This capital infusion is likely to fuel enhancements in fleet capacity, technological integration for improved tracking and efficiency, and potentially geographic market penetration. As the company continues to leverage its experience and commitment to service excellence, this backing will be instrumental in solidifying its competitive advantage and meeting the increasing demands of the logistics industry. Future developments may include strategic partnerships or acquisitions to further optimize their supply chain solutions.

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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.
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