How Much Did Simon Express Raise?
Funding & Key Investors

Simon Express, a trucking company specializing in refrigerated food products, has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its position in the logistics sector. This latest financing round follows a period of substantial growth and operational expansion for the Salt Lake City-based firm.

What is Simon Express?

Simon Express
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Simon Express operates as a critical link in the cold chain logistics network, serving 48 US states with a focus on fast, reliable delivery of temperature-controlled food products. The company differentiates itself through a commitment to driver satisfaction, offering competitive compensation and benefits, alongside a supportive, family-oriented work environment. Utilizing a modern fleet of Freightliner Cascadias and utility trailers, Simon Express aims to provide honest and dependable service to both its clientele and its workforce, ensuring the integrity of sensitive shipments from origin to destination.

How much funding has Simon Express raised?

Simon Express has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Simon Express?

The substantial backing indicated by $150K and the recent strategic investment of $150K signal Simon Express's readiness for accelerated growth and market penetration. This capital infusion is likely to fuel fleet expansion, technological enhancements in logistics management, and potentially broader service area coverage. The company's focus on operational efficiency and driver retention positions it well to capitalize on increasing demand for specialized cold chain transportation, further solidifying its role in the national supply chain.

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Frequently Asked Questions Regarding Simon Express Financial Insights

What are the most recent funding rounds that Simon Express has completed, and what were the funding rounds?
Simon Express has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Simon Express has raised to date?
Simon Express has raised a total of $150K in funding to date.
How many funding rounds has Simon Express completed?
Simon Express has completed 1 funding rounds.
How much funding did Simon Express raise in its most recent funding round?
Simon Express raised $150K in its most recent funding round.
Who are the lead investors in Simon Express's latest funding round?
The lead investor in Simon Express'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 Simon Express's history?
The largest funding round in Simon Express's history was $150K.
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