What is Priority Express?
Priority Express is a logistics and distribution company strategically headquartered in Des Moines, Iowa. Its central location at the intersection of Interstate 35 and Interstate 80 provides unparalleled accessibility to major Midwest distribution hubs like Kansas City, Minneapolis, and Chicago. The company boasts an 80,000 square foot facility equipped with advanced security and surveillance. With a fleet of over 100 couriers operating cars, vans, and trucks, Priority Express offers rapid response times and specialized services including overnight ground delivery throughout Iowa and next-flight-out/overnight air freight coordination, leveraging Des Moines' extensive air transportation network, including significant operations for United Parcel Service. Their expertise extends to warehouse and inventory management, offering customized distribution solutions.
How much funding has Priority Express raised?
Priority Express has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Priority Express
PPP
Public-Private Partnership
What's next for Priority Express?
The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Priority Express for significant expansion and operational enhancement. This capital infusion is expected to fuel the company's growth trajectory, potentially enabling further optimization of its courier fleet, expansion of its service area, and investment in advanced logistics technology. The company's focus on its strategic Des Moines location and its comprehensive service offerings suggests a continued emphasis on solidifying its market leadership in efficient and responsive distribution solutions across the Midwest.
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