About Torch Logistics
Torch Logistics is a company based in Chicago (United States) founded in 2018. Torch Logistics has raised $4.93 million across 3 funding rounds from investors including Schematic Ventures, SaaS Ventures and Interloop. Torch Logistics offers products and services including Short-Haul Network, Drayage Services, and Project Freight. Torch Logistics operates in a competitive market with competitors including DrayNow, Dray Alliance, Mothership Technologies, Qwqer and PockitShip, among others.
- Headquarter Chicago, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.93 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
Schematic Ventures
& 6 more
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Employee Count
Not available
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Products & Services of Torch Logistics
Torch Logistics offers a comprehensive portfolio of products and services, including Short-Haul Network, Drayage Services, and Project Freight.
Platform for reliable short-haul freight and capacity management.
Services connecting drayage carriers for instant rates and availability.
Tools for handling time-sensitive project freight with data insights.
People of Torch Logistics
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Funding Insights of Torch Logistics
Torch Logistics has successfully raised a total of $4.93M across 3 strategic funding rounds. 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.
Investors in Torch Logistics
Torch Logistics has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Schematic Ventures, SaaS Ventures and Interloop.
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Early-stage venture capital investments in industrial technology are made.
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Early-stage investments are provided to visionary SaaS founders.
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Early-stage investments are provided in the food industry.
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Investor details for Torch Logistics
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Investments & Acquisitions by Torch Logistics
Investment portfolio details for Torch Logistics
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Financial Statements - Torch Logistics
Detailed financials for Torch Logistics
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Torch Logistics Comparisons
Peer comparison for Torch Logistics
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Competitors of Torch Logistics
Torch Logistics 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 DrayNow, Dray Alliance, Mothership Technologies, Qwqer and PockitShip, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online marketplace for intermodal freight carriers and brokers
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Container drayage services are booked via an AI-enabled online marketplace.
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Online platform for booking trucks
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An online platform is operated for truck-based shipment delivery.
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Provides online togel gambling with secure transactions, transparency, and user-friendly access.
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Detailed competitors of Torch Logistics
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Latest news on Torch Logistics
Complete news archive for Torch Logistics
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Frequently Asked Questions about Torch Logistics
Torch Logistics was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Torch Logistics is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Torch Logistics is a funded company, having raised a total of $4.93M across 3 funding rounds to date.
Torch Logistics was founded in 2018 in Chicago, United States. An online platform is operated to facilitate short-haul logistics services by linking users with drayage carriers for instant rates and availability. The sector focuses on transportation for industries including food and beverage, consumer packaged goods, retail, and related fields. Operations are centered in the United States logistics market.
Torch Logistics's top competitors include Dray Alliance, Mothership Technologies and DrayNow.
Torch Logistics offers Short-Haul Network, Drayage Services, and Project Freight.
Torch Logistics has 7 investors. Key investors include Schematic Ventures, SaaS Ventures, Interloop, Bluestein Ventures, and Anorak Ventures.