How Much Did Advanced Wheels Raise?
Funding & Key Investors

Advanced Wheels, a provider of wheelchair and handicap vans, has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position in the mobility solutions market and its potential for continued expansion.

What is Advanced Wheels?

Advanced Wheels
RetailAutomobile DealersAutomotive Service & Collision Repair

Specializing in accessible transportation solutions, Advanced Wheels offers a comprehensive range of wheelchair vans and handicap vans for consumers and commercial clients across Connecticut and Massachusetts. With a legacy spanning over three decades, the company provides vehicle conversions, scooter and wheelchair lifts, and driving aids. As a family-owned business, Advanced Wheels emphasizes personalized service and support, catering to diverse needs including those of veterans. Their offerings include new and used wheelchair vans, rentals, and repair services, positioning them as a key player in enhancing mobility and independence.

How much funding has Advanced Wheels raised?

Advanced Wheels has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Advanced Wheels

PPP

Public-Private Partnership

What's next for Advanced Wheels?

The substantial capital infusion, particularly the recent strategic investment, signals Advanced Wheels' readiness for accelerated growth and market penetration. This late-stage funding is likely to be allocated towards expanding operational capacity, enhancing product offerings, and potentially broadening geographic reach. The company's focus on specialized mobility solutions, combined with its long-standing reputation for quality service, positions it favorably to capitalize on increasing demand for accessible transportation. Future developments may include technological advancements in vehicle conversion and a strengthened digital presence to reach a wider customer base.

See full Advanced Wheels company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetailAutomobile DealersAutomobile Parts StoresOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)
Apparel & Accessories RetailRetail
Apparel & Accessories RetailRetail
Apparel & Accessories RetailRetail

Frequently Asked Questions Regarding Advanced Wheels Financial Insights

What are the most recent funding rounds that Advanced Wheels has completed, and what were the funding rounds?
Advanced Wheels has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Advanced Wheels has raised to date?
Advanced Wheels has raised a total of $150K in funding to date.
How many funding rounds has Advanced Wheels completed?
Advanced Wheels has completed 1 funding rounds.
How much funding did Advanced Wheels raise in its most recent funding round?
Advanced Wheels raised $150K in its most recent funding round.
Who are the lead investors in Advanced Wheels's latest funding round?
The lead investor in Advanced Wheels'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 Advanced Wheels's history?
The largest funding round in Advanced Wheels's history was $150K.
See more information about Advanced Wheels