How Much Did Smith Dray Line Raise?
Funding & Key Investors

Smith Dray Line has secured $1M in total capital, with a recent strategic investment of $1M announced on April 6, 2020. This significant financing underscores the company's established presence and ongoing strategic initiatives within the logistics and moving sector.

The company's history dates back to 1911, positioning it as a long-standing entity in the market. The recent funding round, characterized as a major strategic investment, suggests a focus on expanding its operational capabilities or market reach.

What is Smith Dray Line?

Smith Dray Line
TransportationTrucking, Moving & Storage

Smith Dray Line operates as a premier moving, storage, and logistics company, offering a comprehensive suite of services. Their offerings span residential, commercial, and international relocations, complemented by secure storage solutions. With a service area covering South Carolina and North Carolina, the company caters to a diverse clientele, providing end-to-end support for all moving and storage requirements. Their established network of multiple locations facilitates efficient service delivery across their operational footprint.

How much funding has Smith Dray Line raised?

Smith Dray Line has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Smith Dray Line

PPP

Public-Private Partnership

What's next for Smith Dray Line?

The enterprise-level funding context indicates that Smith Dray Line is likely in a growth or scaling phase, potentially leveraging this capital for fleet expansion, technological upgrades in logistics management, or further geographic penetration within its existing markets. The strategic nature of the recent investment suggests a deliberate move to enhance competitive positioning and operational efficiency. Future developments may include the integration of advanced tracking systems, optimization of warehousing capabilities, and potentially exploring new service verticals within the broader logistics landscape.

See full Smith Dray Line company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Freight & Logistics ServicesTransportation

Frequently Asked Questions Regarding Smith Dray Line Financial Insights

What are the most recent funding rounds that Smith Dray Line has completed, and what were the funding rounds?
Smith Dray Line has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Smith Dray Line has raised to date?
Smith Dray Line has raised a total of $1M in funding to date.
How many funding rounds has Smith Dray Line completed?
Smith Dray Line has completed 1 funding rounds.
How much funding did Smith Dray Line raise in its most recent funding round?
Smith Dray Line raised $1M in its most recent funding round.
Who are the lead investors in Smith Dray Line's latest funding round?
The lead investor in Smith Dray Line'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 Smith Dray Line's history?
The largest funding round in Smith Dray Line's history was $1M.
See more information about Smith Dray Line