What is Statco?
Statco Warehouse Inc. operates as a sophisticated pick and pack distribution hub based in Passaic, New Jersey. With a rich history spanning over eight decades, the company has evolved into a comprehensive Third Party Logistics (3PL) provider. Their service portfolio is diverse, catering to high-demand sectors such as apparel, liquor, furniture, cosmetics, and toys. Beyond standard warehousing, Statco distinguishes itself through specialized temperature-controlled storage solutions and advanced Electronic Data Interchange (EDI) capabilities, which are essential for modern e-commerce integration and wholesale efficiency. The company serves as a critical link in the retail supply chain, offering bespoke operational management that allows clients to scale their distribution needs without the overhead of managing physical warehouse assets.
How much funding has Statco raised?
Statco has raised a total of $729K across 2 funding rounds:
Debt
$350K
Debt
$379K
Debt (2020): $350K with participation from PPP
Debt (2021): $379K led by PPP
Key Investors in Statco
PPP
Public-Private Partnership
What's next for Statco?
With the recent influx of capital, Statco is positioned to accelerate its technological modernization and facility optimization. The strategic focus will likely center on enhancing its EDI infrastructure to meet the increasing demands of omnichannel retail, while simultaneously expanding its temperature-controlled capacity to accommodate a broader range of sensitive goods. As the logistics industry faces ongoing pressure for faster turnaround times and higher accuracy, Statco's commitment to operational excellence and its long-standing expertise provide a stable foundation for future growth. The company is expected to leverage this financial backing to further integrate automated distribution workflows, ensuring it remains a competitive force in the evolving 3PL landscape.
See full Statco company page
