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Recon Logistics breadcrumbs-arrow Recon Logistics Financial Insights

How Much Did Recon Logistics Raise?
Funding & Key Investors

Recon Logistics, a provider of freight cost reduction and efficiency tools for shippers, has secured significant capital, with total funding reaching $350K and a recent strategic investment of $350K. This latest financing round underscores the company's established position in the logistics sector and its ongoing growth trajectory.

What is Recon Logistics?

Recon Logistics
Business ServicesProject Management

Formerly known as Recon Logistics, the company now operates under the name Recon, offering shippers critical knowledge and tools designed to optimize freight expenditures and enhance internal operational efficiency. Its services are geared towards improving the financial and operational performance of businesses reliant on freight transportation.

How much funding has Recon Logistics raised?

Recon Logistics has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Recon Logistics?

The substantial late-stage funding, characterized as a major strategic investment, signals Recon Logistics' readiness for accelerated scaling and market expansion. This influx of capital is likely to be deployed towards enhancing technological capabilities, broadening service offerings, and solidifying its competitive advantage in the logistics technology landscape. The company is poised to leverage this backing to further its mission of driving down freight costs and improving shipper efficiency.

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Frequently Asked Questions Regarding Recon Logistics Financial Insights

What are the most recent funding rounds that Recon Logistics has completed, and what were the funding rounds?
Recon Logistics has recently completed 1 funding rounds: Debt on Apr 5, 2020. What is the total amount of funding Recon Logistics has raised to date?
Recon Logistics has raised a total of $350K in funding to date. How many funding rounds has Recon Logistics completed?
Recon Logistics has completed 1 funding rounds. How much funding did Recon Logistics raise in its most recent funding round?
Recon Logistics raised $350K in its most recent funding round. Who are the lead investors in Recon Logistics's latest funding round?
The lead investor in Recon 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 Recon Logistics's history?
The largest funding round in Recon Logistics's history was $350K.
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