How Much Did AKMI Raise?
Funding & Key Investors

AKMI, a prominent supplier and manufacturer of aftermarket diesel engine parts for heavy-duty trucks, has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established position in the competitive aftermarket parts industry.

What is AKMI?

AKMI
ManufacturingAutomotive PartsAutomobile Parts Stores

Established in 1981 and certified as a woman-owned business, AKMI Corporation specializes in providing a comprehensive range of aftermarket diesel engine parts, including flywheels, oil pumps, and turbochargers. The company caters to a diverse clientele comprising fleets, independent repair shops, and owner-operators. AKMI is recognized for its rigorous quality control processes and expert support, ensuring customers receive high-quality, economical alternatives to original equipment manufacturer parts without compromising on performance. Their commitment to professional customer service has solidified their status as a pioneer in the aftermarket parts sector.

How much funding has AKMI raised?

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

2020

Debt

$150K

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

What's next for AKMI?

The recent major strategic investment, alongside the company's substantial total funding of $150K, positions AKMI for continued growth and market expansion. As a late-stage company, this capital infusion is likely to fuel initiatives such as enhancing product lines, optimizing supply chain logistics, and potentially expanding its service reach to new markets or customer segments. AKMI's long-standing reputation for quality and its woman-owned business certification may also attract further strategic partnerships and investment opportunities, reinforcing its trajectory in the heavy-duty truck aftermarket.

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Frequently Asked Questions Regarding AKMI Financial Insights

What are the most recent funding rounds that AKMI has completed, and what were the funding rounds?
AKMI has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding AKMI has raised to date?
AKMI has raised a total of $150K in funding to date.
How many funding rounds has AKMI completed?
AKMI has completed 1 funding rounds.
How much funding did AKMI raise in its most recent funding round?
AKMI raised $150K in its most recent funding round.
Who are the lead investors in AKMI's latest funding round?
The lead investor in AKMI'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 AKMI's history?
The largest funding round in AKMI's history was $150K.
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