How Much Did Trigen Logistics Raise?
Funding & Key Investors

Trigen Logistics has secured substantial capital, with its total funding reaching $420K. The company recently announced a significant strategic investment of $270K, underscoring its robust financial standing and growth trajectory. This latest financing round marks a pivotal moment for the warehousing and logistics provider.

What is Trigen Logistics?

Trigen Logistics
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Trigen Logistics Corporation specializes in providing comprehensive warehousing and logistical services, catering primarily to importers distributing goods across North America. Leveraging its strategic location in Greater Los Angeles, the company offers efficient access to the expansive North American market. Established in 1969, Trigen Logistics evolved from its roots as Service Air Cargo, a prominent LTL provider, to address the escalating demand for specialized warehousing solutions. The company's leadership, with Trygve Trig Jr. Lodrup and his son Greg Lodrup at the helm, brings decades of experience in the family business, guiding its strategic development.

How much funding has Trigen Logistics raised?

Trigen Logistics has raised a total of $420K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$270K

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

Debt (2021): $270K led by PPP

What's next for Trigen Logistics?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Trigen Logistics' readiness for significant expansion and operational enhancement. This capital infusion is expected to fuel advancements in infrastructure, technology adoption, and market penetration. The company's focus on streamlining North American distribution, coupled with its established presence and experienced leadership, positions it for continued growth and increased market share in the competitive logistics sector. Future strategic initiatives will likely concentrate on optimizing supply chain efficiencies and expanding service offerings to meet evolving client needs.

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Frequently Asked Questions Regarding Trigen Logistics Financial Insights

What are the most recent funding rounds that Trigen Logistics has completed, and what were the funding rounds?
Trigen Logistics has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on May 3, 2020.
What is the total amount of funding Trigen Logistics has raised to date?
Trigen Logistics has raised a total of $420K in funding to date.
How many funding rounds has Trigen Logistics completed?
Trigen Logistics has completed 2 funding rounds.
How much funding did Trigen Logistics raise in its most recent funding round?
Trigen Logistics raised $270K in its most recent funding round.
Who are the lead investors in Trigen Logistics's latest funding round?
The lead investor in Trigen Logistics'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 Trigen Logistics's history?
The largest funding round in Trigen Logistics's history was $270K.
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