Torch Logistics
Latest round
- Seed
Last raised
- Apr 2021
Total raised
- $3.5M
Investors
- 6
About Torch Logistics
Torch Logistics, Inc.Torch Logistics, Inc. focuses on providing short-haul logistics services, managing a reliable network of carriers for freight transportation.Torch Logistics specializes in short-haul logistics, offering a digital platform that enhances freight transportation efficiency for distances ranging from 50 to 550 miles. Their core services include managing a network of reliable short-haul and drayage carriers, providing real-time visibility and capacity through tailored technology.Torch Logistics generates revenue through strategic partnerships with shippers and carriers within its short-haul network, operating on a transaction-based model. Revenue sources include service fees associated with logistics solutions, where each client engagement involves the seamless coordination of freight logistics. plans to expand its network and analytics capabilities while enhancing customer service efforts. Although specific new products have not been detailed, the company is targeting further growth within the US logistics market.
Who invested in Torch Logistics
6 investors across 1 round
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Funding rounds
Seed
Apr 15, 2021
Amount
$3.5M
Investors
Questions about Torch Logistics
Who invested in Torch Logistics?
Torch Logistics has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Torch Logistics raised?
Torch Logistics has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Torch Logistics last raise money?
Torch Logistics's most recent round on record is a Seed, in Apr 2021.
What does Torch Logistics do?
Torch Logistics is a logistics & distribution company.
Where is Torch Logistics headquartered?
Torch Logistics is headquartered in Chicago, US.
Which VCs invest in companies like Torch Logistics?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at Torch Logistics's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Seed
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