Progressive Rail Overview
- Year Founded
-
1996
- Status
-
Acquired/Merged
- Latest Deal Type
-
Debt - PPP
- Financing Rounds
-
4
Progressive Rail General Information
Description
Provider of railroad transportation and freight management services. The company manages a shortline railroad operating, several separate branches intended to offer trans-loading, warehousing and other commercial transportation-related services, thereby connecting individuals and their businesses to more markets further away.
Contact Information
Website
www.progressiverail.com(Operating Subsidiary)
Corporate Office
- 21778 Highview Avenue
- Lakeville, MN 55044
- United States
Corporate Office
- 21778 Highview Avenue
- Lakeville, MN 55044
- United States
Progressive Rail Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Progressive Rail Comparisons
Industry
Financing
Details
Progressive Rail Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Burlington Northern Santa Fe | Corporate Backed or Acquired | Fort Worth, TX | ||||
| Iowa Interstate Railroad | Corporate Backed or Acquired | Cedar Rapids, IA |
Progressive Rail Patents
Progressive Rail Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20070264097-A1 | Systems and methods for loading and transporting freight and dunnage on railcars | Inactive | 11-May-2006 | ||
| US-20070016470-A1 | Systems and methods for advertising using one or more rail cars | Inactive | 12-Jul-2005 | ||
| US-20070016471-A1 | Systems and methods for advertising using one or more rail cars | Inactive | 12-Jul-2005 | ||
| US-20070012216-A1 | Systems and methods for advertising using one or more rail cars | Inactive | 12-Jul-2005 | B61D3/00 |
Progressive Rail Executive Team (8)
| Name | Title | Board Seat |
|---|---|---|
| Andrea Dobbelmann | Chief Executive Officer | |
| Dave Fellon | President | |
| Doug Whiteley | Chief Financial Officer | |
| Layne Leitner | Chief Operating Officer | |
| Michael Sanders | Chief Marketing Officer |
Progressive Rail Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Progressive Rail FAQs
-
When was Progressive Rail founded?
Progressive Rail was founded in 1996.
-
Who is the CEO of Progressive Rail?
Andrea Dobbelmann is the CEO of Progressive Rail.
-
Where is Progressive Rail headquartered?
Progressive Rail is headquartered in Lakeville, MN.
-
What industry is Progressive Rail in?
Progressive Rail’s primary industry is Rail.
-
Is Progressive Rail a private or public company?
Progressive Rail is a Private company.
-
What is Progressive Rail’s current revenue?
The current revenue for Progressive Rail is .
-
Who are Progressive Rail’s investors?
Convergent Capital has invested in Progressive Rail.
-
Who are Progressive Rail’s competitors?
Burlington Northern Santa Fe and Iowa Interstate Railroad are competitors of Progressive Rail.
-
When was Progressive Rail acquired?
Progressive Rail was acquired on 16-Apr-2020.
-
Who acquired Progressive Rail?
Progressive Rail was acquired by BNSF Logistics.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
