How Much Did Recon Logistics Raise?
Funding & Key Investors

Recon Logistics has secured $350K in total capital, with a recent strategic investment of $350K marking a significant milestone in its growth trajectory. This latest financing round underscores the company's established position in the logistics sector and its potential for future expansion.

What is Recon Logistics?

Recon Logistics
Business ServicesProject Management

Recon Logistics, formerly known as Recon, is a provider of freight management solutions. The company equips shippers with the knowledge and tools necessary to reduce transportation expenditures and enhance internal operational efficiency. By leveraging data-driven insights and technology, Recon Logistics aims to optimize supply chain processes for its clients.

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

Key Investors in Recon Logistics

PPP

Public-Private Partnership

What's next for Recon Logistics?

The substantial late-stage funding indicates Recon Logistics is poised for significant scaling and market penetration. This capital infusion will likely be directed towards expanding service offerings, enhancing technological infrastructure, and potentially pursuing strategic acquisitions. The company's focus on cost reduction and efficiency for shippers positions it favorably in a competitive market, suggesting a future centered on further innovation and market leadership in logistics technology.

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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.
See more information about Recon Logistics