How Much Did TLC Transit Raise?
Funding & Key Investors

TLC Transit, a prominent provider of Non-Emergency Medical Transportation (NEMT) services in Northwest Ohio, has secured significant capital, with its total funding reaching $390K. The company recently announced a major strategic investment, adding to its financial momentum. This latest infusion of capital underscores TLC Transit's established position in the assisted passenger transportation sector within the Greater Toledo Area.

What is TLC Transit?

TLC Transit
TransportationRail, Bus & Taxi

TLC Transit operates as the largest and most preferred provider of Non-Emergency Medical Transportation (NEMT) in Northwest Ohio, specializing in safe and reliable assisted passenger transport. The company serves a broad demographic, including individuals requiring medical transport, students, and general community members of all ages. By forging partnerships with local schools, nursing facilities, and medical institutions, TLC Transit actively works to dismantle transportation barriers, ensuring accessible mobility for its diverse clientele. Their operations are supported by a team trained to deliver safe, enjoyable, and comfortable travel experiences.

How much funding has TLC Transit raised?

TLC Transit has raised a total of $390K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$240K

Debt (2020): $150K with participation from PPP

Debt (2021): $240K led by PPP

Key Investors in TLC Transit

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for TLC Transit?

With the recent large-scale late-stage funding, TLC Transit is poised for further expansion and enhancement of its services. This strategic capital injection is likely to fuel initiatives aimed at broadening its service area, upgrading its fleet, and potentially integrating advanced technology for improved logistics and passenger experience. The company's focus on breaking transportation barriers within the healthcare and education sectors suggests a strategic direction towards solidifying its role as a critical infrastructure provider in the region, potentially exploring new service lines or deepening existing partnerships to meet evolving community needs.

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Frequently Asked Questions Regarding TLC Transit Financial Insights

What are the most recent funding rounds that TLC Transit has completed, and what were the funding rounds?
TLC Transit has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 15, 2020.
What is the total amount of funding TLC Transit has raised to date?
TLC Transit has raised a total of $390K in funding to date.
How many funding rounds has TLC Transit completed?
TLC Transit has completed 2 funding rounds.
How much funding did TLC Transit raise in its most recent funding round?
TLC Transit raised $240K in its most recent funding round.
Who are the lead investors in TLC Transit's latest funding round?
The lead investor in TLC Transit'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 TLC Transit's history?
The largest funding round in TLC Transit's history was $240K.
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