How Much Did TryHours Raise?
Funding & Key Investors

TryHours, a cornerstone in the ground expedited transportation sector, has successfully secured significant capital to bolster its operational infrastructure. With a cumulative financial backing reaching $802K, the firm continues to demonstrate resilience and market relevance. The most recent infusion of $452K represents a major strategic investment, underscoring the company's commitment to maintaining its premium service standards within the competitive logistics landscape.

What is TryHours?

TryHours
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Founded in 1989 and headquartered in Maumee, Ohio, TryHours operates as a family-owned enterprise specializing in time-critical, ground-expedited freight solutions. By positioning itself as a premium service provider, the company has carved out a distinct niche in the North American transportation market. Their operational model focuses on reliability and speed, catering to enterprise-level clients who require precise, high-stakes delivery schedules. This market position is supported by a robust fleet and a legacy of operational excellence that spans over three decades, allowing the firm to navigate complex supply chain demands with agility.

How much funding has TryHours raised?

TryHours has raised a total of $802K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$452K

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

Debt (2021): $452K led by PPP

Key Investors in TryHours

PPP

Public-Private Partnership

What's next for TryHours?

The recent capital injection is expected to catalyze further expansion of the company's logistics network and technological capabilities. As TryHours transitions into its next phase of growth, the focus will likely remain on optimizing route efficiency and enhancing fleet management systems to meet the evolving requirements of the expedited shipping industry. By leveraging this strategic financing, the organization is well-positioned to reinforce its market leadership, ensuring that its service offerings remain aligned with the high-velocity needs of its enterprise partners. Future initiatives will likely prioritize digital transformation and sustainable logistics practices to maintain a competitive edge in an increasingly digitized global supply chain.

See full TryHours company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Transportation industry

Freight & Logistics ServicesTransportation
Marine Shipping & TransportationTransportation
Freight & Logistics ServicesTransportationTrucking, Moving & Storage
Airlines, Airports & Air ServicesTransportation

Frequently Asked Questions Regarding TryHours Financial Insights

What are the most recent funding rounds that TryHours has completed, and what were the funding rounds?
TryHours has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 9, 2020.
What is the total amount of funding TryHours has raised to date?
TryHours has raised a total of $802K in funding to date.
How many funding rounds has TryHours completed?
TryHours has completed 2 funding rounds.
How much funding did TryHours raise in its most recent funding round?
TryHours raised $452K in its most recent funding round.
Who are the lead investors in TryHours's latest funding round?
The lead investor in TryHours'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 TryHours's history?
The largest funding round in TryHours's history was $452K.
See more information about TryHours