How Much Did Progressive Freight Raise?
Funding & Key Investors

Progressive Freight has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the logistics sector.

What is Progressive Freight?

Progressive Freight
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Progressive Freight is a comprehensive logistics provider offering a wide array of services, including full truckload (FTL), less than truckload (LTL), power only, dedicated, drayage, flatbed, and temperature-controlled shipping solutions. The company serves shippers, carriers, and agents, facilitating efficient delivery and distribution through its extensive network. Progressive Freight is committed to delivering exceptional service and reliability, aiming to optimize shipping processes for its clients. Their agent program also supports individuals in developing logistics careers with the company's resources.

How much funding has Progressive Freight raised?

Progressive Freight has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Progressive Freight

PPP

Public-Private Partnership

What's next for Progressive Freight?

The recent major strategic investment indicates Progressive Freight is poised for significant expansion and operational enhancement. This capital infusion is likely to be directed towards scaling its service offerings, expanding its network reach, and potentially investing in technology to further streamline logistics operations. The company's focus on empowering businesses through efficient shipping processes, coupled with its robust agent program, positions it for continued growth and market leadership in the competitive freight industry.

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Frequently Asked Questions Regarding Progressive Freight Financial Insights

What are the most recent funding rounds that Progressive Freight has completed, and what were the funding rounds?
Progressive Freight has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Progressive Freight has raised to date?
Progressive Freight has raised a total of $150K in funding to date.
How many funding rounds has Progressive Freight completed?
Progressive Freight has completed 1 funding rounds.
How much funding did Progressive Freight raise in its most recent funding round?
Progressive Freight raised $150K in its most recent funding round.
Who are the lead investors in Progressive Freight's latest funding round?
The lead investor in Progressive Freight'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 Progressive Freight's history?
The largest funding round in Progressive Freight's history was $150K.
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