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Cambridge Capital Announces Majority Investment In Boa Logistics And Flow Cold Storage, In Partnership With Management, To Accelerate Growth

PRIVATESep 08, 2022

Round Type

Venture

Culver CityTransportationSupply Chain ManagementLogistics

Description

Cambridge Capital, a leading investment firm focused on the supply chain sector, today announced a majority investment in Boa Logistics and Flow Cold Storage (collectively, "Boa") which are innovative, high-growth, third-party logistics companies specializing in refrigerated less-than-truckload ("LTL") freight consolidation, led by industry veterans. The investment, in partnership with management, will enable Boa to continue to expand its dedicated cold-chain freight consolidation platform and capitalize on its large market opportunity, building on 50% revenue growth and 130% EBITDA growth over the last 12 months.

Quick answer

Boa Logistics raised an undisclosed amount in a funding round, dated September 8, 2022. Boa Logistics is based in Culver City, California, United States.

How much did Boa Logistics raise?
Boa Logistics raised an undisclosed amount in a funding round on September 8, 2022.
What does Boa Logistics do?
Established in 2010, Boa Logistics is a service-focused freight management company, utilizing technology to stay ahead of the competition.
Where is Boa Logistics based and how big is it?
Boa Logistics is based in Culver City, California, United States.

Source: Fundz verified event record.

Who else raised in Transportation and Supply Chain Management around the same time

Companies in the same sectors as Boa Logistics that raised within 45 days of this round, from Fundz verified event records.

  • Kenco raised an undisclosed amount (Funding Round) on October 6, 2022.
  • Cargobase raised an undisclosed amount (Funding Round) on September 20, 2022.
  • Altman Logistics Properties raised $11M (Funding Round) on October 12, 2022.
  • Sheer Logistics raised an undisclosed amount on October 7, 2022.
  • Solvento raised $5M (Seed) on October 5, 2022.
  • PCS Software raised an undisclosed amount on September 21, 2022.

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Company Information

Company

Boa Logistics

Location

Culver City, California, United States

About

Established in 2010, Boa Logistics is a service-focused freight management company, utilizing technology to stay ahead of the competition. Boa specializes in refrigerated LTL freight movements and consolidation nationwide. Additionally, Boa also operates a cold-storage facility to serve its customers (Flow Cold Storage). Boa focuses on mission-critical movements of perishable temperature-controlled freight for medium-sized companies, with destinations including big-box retail, grocery, and restaurant distribution. Additionally, Boa handles dry freight and drayage-related movements and consolidations for customers.

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Boa Logistics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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