Summit Eleven Inc.
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Summit Eleven Inc. - overview
Established
2017
Location
Austin, TX, US
Primary Industry
Transportation Services
About
Founded in 2017 and based in Texas, US, Summit Eleven Inc. is a transportation provider with a global presence, offering customized solutions for supply chain needs. As of January 2024, the company is led by Spence Manthe (CEO). Summit Eleven's core focus is providing a multimodal transportation network to extend global logistics for businesses.
In March 2024, Zipline Logistics, LLC, a portfolio company of Frontenac Company, acquired Summit Eleven, Inc. Summit Eleven offers a variety of transportation and logistics services to meet supply chain needs, including trucking, air freight, warehousing, and tracking. They specialize in deliveries and have experienced drivers and a fleet for transportation. They also handle international shipments, including those to and from Mexico.
Their brokerage department caters to companies of all sizes with services like freight brokerage and supply chain management. With climate-controlled warehousing and cross-docking, they build up secure storage and logistics management.
Current Investors
Zipline Logistics, LLC
Primary Industry
Transportation Services
Sub Industries
Transportation Services, Warehouses
Website
www.summiteleven.com
Verticals
IoT (Internet of Things)
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Summit Eleven Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Summit Eleven Inc. | - |
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