What is Able Tire & Brake?
Founded in 1972 and based in Novato, CA, Able Tire & Brake is a long-standing provider of automotive services, specializing in high-quality tires and comprehensive auto maintenance. The company offers a broad selection of tires from leading manufacturers like Michelin and BFGoodrich. A key differentiator is their specialized on-site tire service for commercial and farm vehicles, supported by a dedicated fleet of service trucks, catering to a diverse client base requiring mobile solutions. Their commitment to customer satisfaction is driven by knowledgeable staff and reliable maintenance strategies.
How much funding has Able Tire & Brake raised?
Able Tire & Brake has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Able Tire & Brake?
The recent major strategic investment, within the context of large-scale late-stage funding, suggests Able Tire & Brake is poised for significant expansion or operational enhancement. This capital infusion is likely to fuel initiatives aimed at scaling its commercial and farm vehicle services, potentially expanding its geographic reach, or investing in advanced fleet management technologies. The company's trajectory indicates a focus on solidifying its market position through strategic growth initiatives and operational efficiencies.
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