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How Much Did Suncoast Drivers Raise?
Funding & Key Investors

Suncoast Drivers has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount raised by the company stands at $840K, with the latest round contributing $490K to its operational and growth initiatives. This latest financing underscores the company's established presence and its strategic importance within its sector.

What is Suncoast Drivers?

Suncoast Drivers
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2015, Suncoast Drivers is a family-owned and operated recruitment firm. The company specializes in staffing drivers for commercial vehicles, focusing on class A, class B, and non-CDL positions. Its core business revolves around connecting qualified drivers with logistics and transportation companies, addressing a critical need in the supply chain industry. The firm's operational history indicates a steady growth trajectory since its inception.

How much funding has Suncoast Drivers raised?

Suncoast Drivers has raised a total of $840K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$490K

Debt (2020): $350K with participation from PPP

Debt (2021): $490K led by PPP

Key Investors in Suncoast Drivers

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Suncoast Drivers?

The recent major strategic investment suggests Suncoast Drivers is poised for an expansion phase, likely focusing on scaling its recruitment operations, enhancing its technology platform, or broadening its service offerings. Given the enterprise-level nature of its funding, the company is expected to leverage this capital to solidify its market position and potentially explore new geographic markets or specialized driver recruitment niches. This strategic financing indicates confidence from investors in Suncoast Drivers' business model and its capacity for future growth in the competitive driver staffing landscape.

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Frequently Asked Questions Regarding Suncoast Drivers Financial Insights

What are the most recent funding rounds that Suncoast Drivers has completed, and what were the funding rounds?
Suncoast Drivers has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 9, 2020. What is the total amount of funding Suncoast Drivers has raised to date?
Suncoast Drivers has raised a total of $840K in funding to date. How many funding rounds has Suncoast Drivers completed?
Suncoast Drivers has completed 2 funding rounds. How much funding did Suncoast Drivers raise in its most recent funding round?
Suncoast Drivers raised $490K in its most recent funding round. Who are the lead investors in Suncoast Drivers's latest funding round?
The lead investor in Suncoast Drivers'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 Suncoast Drivers's history?
The largest funding round in Suncoast Drivers's history was $490K.
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