How Much Did 101 Auto Collision Raise?
Funding & Key Investors

101 Auto Collision has successfully secured a significant infusion of capital to bolster its operational capacity, bringing its total funding to $18K. This latest injection of $18K represents a strategic milestone for the Decatur-based enterprise, positioning the firm to scale its service offerings within the competitive automotive repair landscape. By leveraging this recent financing, the company aims to solidify its market presence and enhance its infrastructure to meet the rising demand for high-quality collision repair services.

What is 101 Auto Collision?

101 Auto Collision
Consumer ServicesAutomotive Service & Collision Repair

Established in 1989, 101 Auto Collision operates as a cornerstone of the Decatur, Indiana automotive community. As a family-owned and operated facility, the company has cultivated a reputation for excellence, underscored by an A+ rating from the Better Business Bureau. Their service portfolio is comprehensive, encompassing auto body repair, paintless dent removal, precision painting, and glass restoration for both domestic and foreign vehicles. By maintaining status as a preferred insurance repair facility, the company effectively bridges the gap between complex insurance claims and high-standard vehicle restoration, ensuring a seamless experience for its client base.

How much funding has 101 Auto Collision raised?

101 Auto Collision has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in 101 Auto Collision

PPP

Public-Private Partnership

What's next for 101 Auto Collision?

With the recent influx of capital, 101 Auto Collision is well-positioned to transition into a more aggressive growth phase. The strategic deployment of these funds will likely focus on upgrading diagnostic equipment, expanding facility throughput, and potentially integrating advanced digital management systems to streamline the insurance claim process. As the automotive repair sector continues to evolve with more sophisticated vehicle technology, this investment provides the necessary runway for the company to maintain its competitive edge, ensuring that it remains the preferred choice for vehicle owners seeking reliable and professional collision repair services in the region.

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Frequently Asked Questions Regarding 101 Auto Collision Financial Insights

What are the most recent funding rounds that 101 Auto Collision has completed, and what were the funding rounds?
101 Auto Collision has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding 101 Auto Collision has raised to date?
101 Auto Collision has raised a total of $18K in funding to date.
How many funding rounds has 101 Auto Collision completed?
101 Auto Collision has completed 1 funding rounds.
How much funding did 101 Auto Collision raise in its most recent funding round?
101 Auto Collision raised $18K in its most recent funding round.
Who are the lead investors in 101 Auto Collision's latest funding round?
The lead investor in 101 Auto Collision's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 101 Auto Collision's history?
The largest funding round in 101 Auto Collision's history was $18K.
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