How Much Did Secor Logistics Raise?
Funding & Key Investors

Secor Logistics has solidified its market position through a series of significant debt-based capital injections, culminating in a total funding amount of $1.3M. The most recent strategic investment, totaling $966K, underscores the firm's commitment to scaling its operational infrastructure within the competitive North American transportation sector. This influx of capital reflects a robust confidence in the company's ability to manage large-scale logistics demands while maintaining fiscal discipline.

What is Secor Logistics?

Secor Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Headquartered in Middleburg Heights, Ohio, Secor Logistics operates as a comprehensive provider of supply chain solutions, specializing in Less-Than-Truckload (LTL) and Truckload (TL) transportation services. Beyond core freight movement, the company maintains a sophisticated portfolio of warehousing and storage capabilities, positioning itself as a critical node in the regional and national distribution network. By integrating storage with high-velocity transportation, Secor Logistics addresses the complex requirements of modern enterprise clients who demand both agility and reliability in their logistics partners.

How much funding has Secor Logistics raised?

Secor Logistics has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$966K

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

Debt (2021): $966K led by PPP

Key Investors in Secor Logistics

PPP

Public-Private Partnership

What's next for Secor Logistics?

With the recent infusion of capital, Secor Logistics is well-positioned to optimize its fleet efficiency and expand its warehousing footprint. The strategic focus will likely shift toward digital transformation of its logistics management systems to enhance real-time tracking and inventory visibility. As the company navigates the complexities of the current supply chain environment, this financing provides the necessary liquidity to pursue aggressive market share growth and operational excellence, ensuring that Secor Logistics remains a preferred partner for enterprise-level distribution needs.

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Frequently Asked Questions Regarding Secor Logistics Financial Insights

What are the most recent funding rounds that Secor Logistics has completed, and what were the funding rounds?
Secor Logistics has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Secor Logistics has raised to date?
Secor Logistics has raised a total of $1.3M in funding to date.
How many funding rounds has Secor Logistics completed?
Secor Logistics has completed 2 funding rounds.
How much funding did Secor Logistics raise in its most recent funding round?
Secor Logistics raised $966K in its most recent funding round.
Who are the lead investors in Secor Logistics's latest funding round?
The lead investor in Secor 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 Secor Logistics's history?
The largest funding round in Secor Logistics's history was $966K.
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