How Much Did 22rpd Raise?
Funding & Key Investors

22rpd has secured $18K in total capital, with a recent infusion of $18K designated as moderate growth capital. This funding round, occurring on January 30, 2021, signifies a key phase in the company's expansion trajectory, aligning with its Series A/B growth stage.

What is 22rpd?

22rpd
ManufacturingAutomotive PartsSoftware

22RPD, or 22nd Race Product Development, is a company founded by engineering enthusiasts who identified a gap in the BMW market for well-designed software and engineered hardware. They offer a range of meticulously developed products and services aimed at enhancing the performance of BMW vehicles. Their target clients include BMW owners looking to upgrade their vehicles and maximize performance through custom tuning and high-quality parts. The company emphasizes a collaborative experience, aiming to build strong relationships with their customers.

How much funding has 22rpd raised?

22rpd has raised a total of $18K across 1 funding round:

2021

Debt

$18K

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

Key Investors in 22rpd

PPP

Public-Private Partnership

What's next for 22rpd?

With the recent capital injection, 22rpd is poised for significant scaling. The moderate growth capital suggests a focus on expanding market reach, enhancing product development, and potentially increasing operational capacity to meet the demand from BMW owners seeking performance upgrades. This strategic financing will likely fuel further innovation in their software and hardware offerings, solidifying their position in the automotive aftermarket.

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Frequently Asked Questions Regarding 22rpd Financial Insights

What are the most recent funding rounds that 22rpd has completed, and what were the funding rounds?
22rpd has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding 22rpd has raised to date?
22rpd has raised a total of $18K in funding to date.
How many funding rounds has 22rpd completed?
22rpd has completed 1 funding rounds.
How much funding did 22rpd raise in its most recent funding round?
22rpd raised $18K in its most recent funding round.
Who are the lead investors in 22rpd's latest funding round?
The lead investor in 22rpd'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 22rpd's history?
The largest funding round in 22rpd's history was $18K.
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