How Much Did 1st Class Auto Raise?
Funding & Key Investors

1st Class Auto, a prominent luxury auto body repair and refinishing business, has secured significant capital, with its total funding reaching $433K. The company recently announced a major strategic investment of $283K, underscoring its established position in the high-end automotive service market. This latest financing round signals a period of potential expansion and further refinement of its specialized services.

What is 1st Class Auto?

1st Class Auto
Consumer ServicesAutomotive Service & Collision Repair

Based in Pompano Beach, Florida, 1st Class Auto has cultivated a reputation for exceptional craftsmanship in the repair and refinishing of luxury vehicles. The business is distinguished by its commitment to precision, utilizing manufacturer-certified collision work and high-quality materials. Observers note its dedication to advanced repair techniques and customer satisfaction, solidifying its status as a premier destination for meticulous restoration and bespoke automotive services within the luxury segment.

How much funding has 1st Class Auto raised?

1st Class Auto has raised a total of $433K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$283K

Debt (2020): $150K with participation from PPP

Debt (2021): $283K led by PPP

What's next for 1st Class Auto?

The substantial capital infusion, particularly the recent strategic investment, positions 1st Class Auto for accelerated growth and operational enhancement. As a company operating in the late-stage funding environment, this backing is likely to facilitate investments in advanced repair technologies, expansion of service capabilities, and potentially broader market reach. The focus on luxury and high-end vehicles suggests a strategy centered on maintaining premium service standards while scaling operations to meet increasing demand.

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Frequently Asked Questions Regarding 1st Class Auto Financial Insights

What are the most recent funding rounds that 1st Class Auto has completed, and what were the funding rounds?
1st Class Auto has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on May 3, 2020.
What is the total amount of funding 1st Class Auto has raised to date?
1st Class Auto has raised a total of $433K in funding to date.
How many funding rounds has 1st Class Auto completed?
1st Class Auto has completed 2 funding rounds.
How much funding did 1st Class Auto raise in its most recent funding round?
1st Class Auto raised $283K in its most recent funding round.
Who are the lead investors in 1st Class Auto's latest funding round?
The lead investor in 1st Class Auto'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 1st Class Auto's history?
The largest funding round in 1st Class Auto's history was $283K.
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