How Much Did True Grade Raise?
Funding & Key Investors

True Grade, a prominent player in food distribution and logistics, has secured significant enterprise-level funding, with its total capital raised standing at $1.1M. The company recently closed a major strategic investment round, bringing in $761K in new capital. This latest financing underscores True Grade's established position and its ongoing strategic initiatives within the global supply chain sector.

What is True Grade?

True Grade
RetailGrocery Retail

True Grade LLC operates as a vertically integrated food distribution and logistics company, focusing on high-quality, sustainably sourced products tailored for the cruise, hospitality, and foodservice industries. Leveraging over a decade of operational experience and robust global supply chain partnerships, True Grade delivers comprehensive end-to-end solutions. These encompass sourcing, consolidation, and distribution, all supported by complete traceability. The company's strategically positioned facility in South Florida facilitates efficient cross-docking, inventory management, and export operations, enabling reliable, scalable, and transparent supply chain solutions for leading cruise lines and international clients.

How much funding has True Grade raised?

True Grade has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$761K

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

Debt (2021): $761K led by PPP

Key Investors in True Grade

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for True Grade?

With the recent influx of major strategic investment, True Grade is poised for accelerated growth and enhanced operational capabilities. This capital infusion is expected to bolster its infrastructure, expand its service offerings, and potentially deepen its market penetration within the cruise and hospitality sectors. The company's focus on sustainable sourcing and advanced logistics positions it favorably to capitalize on evolving industry demands for transparency and efficiency. Future developments may include strategic partnerships, technological advancements in supply chain management, and further geographic expansion to serve a broader international client base.

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Frequently Asked Questions Regarding True Grade Financial Insights

What are the most recent funding rounds that True Grade has completed, and what were the funding rounds?
True Grade has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 5, 2020.
What is the total amount of funding True Grade has raised to date?
True Grade has raised a total of $1.1M in funding to date.
How many funding rounds has True Grade completed?
True Grade has completed 2 funding rounds.
How much funding did True Grade raise in its most recent funding round?
True Grade raised $761K in its most recent funding round.
Who are the lead investors in True Grade's latest funding round?
The lead investor in True Grade'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 True Grade's history?
The largest funding round in True Grade's history was $761K.
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