How Much Did Simon Express Raise?
Funding & Key Investors

Simon Express, a trucking company specializing in refrigerated food product transportation across 48 US states, has secured $150K in total funding. The company recently announced a major strategic investment of $150K, underscoring its position in the logistics sector. This significant capital infusion signals 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 key player in the temperature-controlled logistics market, ensuring the timely and quality delivery of perishable goods throughout the United States. The company differentiates itself by focusing on driver satisfaction, offering competitive compensation and benefits, and fostering a supportive, family-oriented culture. This commitment extends to its fleet, which features modern Freightliner Cascadias and utility trailers, enabling reliable and efficient service delivery. Their operational model is built on providing honest and dependable transportation solutions for both clients and their driving workforce.

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?

With the recent major strategic investment, Simon Express is poised for accelerated expansion and enhancement of its service capabilities. The substantial capital infusion, part of its $150K total financing, will likely be directed towards fleet modernization, route optimization, and potentially expanding its service network. This strategic backing suggests a focus on scaling operations to meet increasing demand for specialized refrigerated transport, solidifying its market presence and competitive edge in the trucking industry.

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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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