How Much Did STL Loop Trolley Raise?
Funding & Key Investors

STL Loop Trolley has secured $61K in total financing, with a recent capital infusion of $61K designated for substantial expansion. This funding marks a significant stage for the company, likely indicating a Series B or C phase of growth, aimed at scaling operations and enhancing its service offerings.

What is STL Loop Trolley?

STL Loop Trolley
HospitalityTours and Activities ReservationsRail, Bus & Taxi

STL Loop Trolley operates a unique public transit service, offering free rides between The Loop and Forest Park on a historic trolley car. The service is seasonal, running from May 1 to October 26, Thursday through Sunday, from 11 a.m. to 7 p.m. It covers a 2.2-mile route, emphasizing safety for pedestrians, cyclists, and motorists while providing a leisure travel experience in the Delmar Loop area and near the Missouri History Museum. The company's focus is on enhancing local mobility and tourism through its distinctive transportation method.

How much funding has STL Loop Trolley raised?

STL Loop Trolley has raised a total of $61K across 1 funding round:

2021

Debt

$61K

Debt (2021): $61K with participation from PPP

Key Investors in STL Loop Trolley

PPP

Public-Private Partnership

What's next for STL Loop Trolley?

With the recent substantial expansion capital, STL Loop Trolley is poised for significant operational enhancements and route development. The company's strategic focus will likely involve expanding its service area, increasing trolley frequency, and potentially upgrading its fleet to accommodate growing demand. This investment signals a commitment to solidifying its position as a key leisure and transit provider in the St. Louis region, aiming to further integrate with local tourism and community initiatives.

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Frequently Asked Questions Regarding STL Loop Trolley Financial Insights

What are the most recent funding rounds that STL Loop Trolley has completed, and what were the funding rounds?
STL Loop Trolley has recently completed 1 funding rounds: Debt on Feb 24, 2021.
What is the total amount of funding STL Loop Trolley has raised to date?
STL Loop Trolley has raised a total of $61K in funding to date.
How many funding rounds has STL Loop Trolley completed?
STL Loop Trolley has completed 1 funding rounds.
How much funding did STL Loop Trolley raise in its most recent funding round?
STL Loop Trolley raised $61K in its most recent funding round.
Who are the lead investors in STL Loop Trolley's latest funding round?
The lead investor in STL Loop Trolley'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 STL Loop Trolley's history?
The largest funding round in STL Loop Trolley's history was $61K.
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