How Much Did Ace Tech Collision Center Raise?
Funding & Key Investors

Ace Tech Collision Center, a prominent Tesla-approved body shop in Los Angeles with over 37 years of operational expertise, has secured $378K in total capital. The company recently announced a significant strategic investment of $228K, underscoring its position in the automotive repair market. This latest financing round signifies a major milestone for Ace Tech as it continues to scale its operations and enhance its service offerings within the competitive Southern California automotive sector.

What is Ace Tech Collision Center?

Ace Tech Collision Center
Consumer ServicesAutomotive Service & Collision Repair

Ace Tech Collision Center distinguishes itself as a leading collision repair facility, specializing in Tesla-approved services. With nearly four decades of experience, the company provides a comprehensive suite of repair solutions, utilizing factory-certified equipment and original manufacturer paint lines to ensure the highest quality standards. Serving the greater Los Angeles area, Ace Tech is recognized for its commitment to exceptional customer service, which includes facilitating on-site rental car arrangements and offering a lifetime warranty on all repairs. The company actively collaborates with all major insurance providers, streamlining the claims process for its clientele.

How much funding has Ace Tech Collision Center raised?

Ace Tech Collision Center has raised a total of $378K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$228K

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

Debt (2021): $228K led by PPP

What's next for Ace Tech Collision Center?

The substantial capital infusion, particularly the recent strategic investment, positions Ace Tech Collision Center for significant growth and operational expansion. This late-stage funding is likely to be allocated towards enhancing technological capabilities, expanding service capacity, and potentially broadening its geographic reach within the Los Angeles metropolitan area. Ace Tech's focus on maintaining its Tesla approval and commitment to customer satisfaction, coupled with this strategic backing, suggests a trajectory aimed at solidifying its market leadership and adapting to the evolving demands of the electric vehicle repair landscape.

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Frequently Asked Questions Regarding Ace Tech Collision Center Financial Insights

What are the most recent funding rounds that Ace Tech Collision Center has completed, and what were the funding rounds?
Ace Tech Collision Center has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Ace Tech Collision Center has raised to date?
Ace Tech Collision Center has raised a total of $378K in funding to date.
How many funding rounds has Ace Tech Collision Center completed?
Ace Tech Collision Center has completed 2 funding rounds.
How much funding did Ace Tech Collision Center raise in its most recent funding round?
Ace Tech Collision Center raised $228K in its most recent funding round.
Who are the lead investors in Ace Tech Collision Center's latest funding round?
The lead investor in Ace Tech Collision Center'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 Ace Tech Collision Center's history?
The largest funding round in Ace Tech Collision Center's history was $228K.
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