Tech Company Financing Transactions
Torch Freight Funding Round
On 4/17/2021, Torch Freight raised $3.5 million in Seed funding from Maersk Growth, Anorak Ventures and Bluestein and Associates.
Transaction Overview
Company Name
Announced On
4/17/2021
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its network and analytics capabilities, as well as customer service efforts.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
1046 West Kinzie
CHICAGO, IL 60642
USA
CHICAGO, IL 60642
USA
Phone
Website
Email Address
Overview
At Torch, we're driving a new way of thinking. Building an exceptional customer experience at the heart of everything we do. Putting our customer obsessed culture and break through technology at the heart of the freight experience.
Management Team
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