Lineage

Novi, United States Founded: 2012 • Age: 14 yrs Acquired By Gonnella
Lineage is recognized as a leader in cold storage and logistics solutions.
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About Lineage

Lineage is a company based in Novi (United States) founded in 2012 was acquired by Gonnella in December 2025. It operates as a Managed Services, and Direct-to-Consumer (D2C). Lineage has raised $5.03 billion across 6 funding rounds from investors including StepStone, Rabobank and CenterSquare Investment Management. The company has 26,000 employees as of December 31, 2024. Lineage has completed 8 acquisitions, including Bellingham Cold Storage, Coldpoint and Eurofrigor. Lineage offers products and services including Cold Storage Warehousing and Global Integrated Solutions. Lineage operates in a competitive market with competitors including Radhakrishna Foodland, Culina Group, Red Sky, Congebec and Agro Merchants Group, among others.

  • Headquarter Novi, United States
  • Employees 26000 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Lineage, Inc.
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
    $5.34 B
    -0.03
    as on Dec 31, 2024
  • Net Profit
    $-706 M
    -501.88
    as on Dec 31, 2024
  • EBITDA
    $1.22 B
    -18.04
    as on Dec 31, 2024
  • Total Equity Funding
    $5.03 B (USD)

    in 6 rounds

  • Latest Funding Round
    $700 M (USD), Series D

    Dec 21, 2022

  • Investors
    StepStone

    & 14 more

  • Employee Count
    26000

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Gonnella

    (Dec 15, 2025)

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IPO & Listings of Lineage

Lineage is a publicly listed company on the NASDAQ with ticker symbol LINE in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: LINE . Sector: Finance · USA

Products & Services of Lineage

Lineage offers a comprehensive portfolio of products and services, including Cold Storage Warehousing and Global Integrated Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Temperature-controlled storage solutions are provided for perishable goods.

End-to-end transportation services are offered for supply chains.

People of Lineage
Headcount 5000-10000
Employee Profiles 526
Employee Profiles
People
Daniel Gadegbeku
Special Operations Manager
People
Lamichael Cockerham
Special Operations Manager
People
Ben Belote
Facility Maintenance Manager
People
Bobby Sconyers
Sales Manager

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Funding Insights of Lineage

Lineage has successfully raised a total of $5.03B across 6 strategic funding rounds. The most recent funding activity was a Series D round of $700 million completed in December 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Series D — $700.0M
  • First Round

    (01 Apr 2013)

  • Investors Count 14
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2022 Amount Series D - Lineage Valuation

investors

Jan, 2022 Amount Private Equity Round - Lineage Valuation Hoopp , NYSTRS
Mar, 2021 Amount Private Equity Round - Lineage Valuation BentallGreenOak , Oxford Properties
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Lineage

Lineage has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include StepStone, Rabobank and CenterSquare Investment Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and hedge fund focused on consumer, business services, financial, healthcare, and multiple sectors
Founded Year Domain Location
Private equity investments are directed toward multiple sectors.
Founded Year Domain Location
Real estate investments are managed by the firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Lineage

Lineage has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Bellingham Cold Storage, Coldpoint and Eurofrigor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cold storage facilities and temperature-controlled logistics solutions are provided.
2016
Cloud and AI-based platform for collaborative logistics is provided.
2014
Provider of cold storage, logistics, and transportation services
2001
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Lineage

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lineage Comparisons

Employees
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Competitors of Lineage

Lineage operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Radhakrishna Foodland, Culina Group, Red Sky, Congebec and Agro Merchants Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Tech-enabled cold supply chain solutions and logistics services are provided.
domain founded_year HQ Location
Temperature-controlled warehousing, packaging, and transportation services are provided.
domain founded_year HQ Location
Cloud-based supply chain software for enterprise freight tracking is provided.
domain founded_year HQ Location
Supply chain solutions are offered to the foodservice industry.
domain founded_year HQ Location
Provider of freight forwarding, warehousing, packaging, and transportation solutions for agribusinesses and farmers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Lineage

Frequently Asked Questions about Lineage

When was Lineage founded?

Lineage was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Lineage located?

Lineage is headquartered in Novi, United States. It is registered at Novi, Michigan, United States.

Who is the current CEO of Lineage?

Greg Lehmkuhl is the current CEO of Lineage.

Is Lineage a funded company?

Lineage is a funded company, having raised a total of $5.03B across 6 funding rounds to date. The company's 1st funding round was a Private Equity Round of $1.9B, raised on Apr 01, 2013.

How many employees does Lineage have?

As of Dec 31, 2024, the latest employee count at Lineage is 26,000.

What is the annual revenue of Lineage?

Annual revenue of Lineage is $5.34B as on Dec 31, 2024.

What does Lineage do?

Lineage is established as a global leader in cold chain logistics, offering comprehensive cold storage warehousing and integrated transportation solutions. Services are provided across various sectors, including food processing, manufacturing, and direct-to-consumer delivery. Innovative technologies and sustainable practices are implemented to enhance supply chain efficiency. Facilities are strategically located worldwide to support a connected food supply chain. Solutions are tailored to protect temperature-controlled products and streamline business operations from origin to the last mile.

Who are the top competitors of Lineage?

Lineage's top competitors include Radhakrishna Foodland, Culina Group and Red Sky.

What products or services does Lineage offer?

Lineage offers Cold Storage Warehousing and Global Integrated Solutions.

Is Lineage publicly traded?

Yes, Lineage is publicly traded on NASDAQ under the ticker symbol LINE.

How many acquisitions has Lineage made?

Lineage has made 8 acquisitions, including Bellingham Cold Storage, Coldpoint, and Eurofrigor.

Who are Lineage's investors?

Lineage has 15 investors. Key investors include StepStone, Rabobank, CenterSquare Investment Management, Cohen & Steers, and Oxford Properties.

What is Lineage's ticker symbol?

The ticker symbol of Lineage is LINE on NASDAQ.

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