How Much Did Auto Centric Raise?
Funding & Key Investors

Auto Centric has secured $79K in total funding, with a recent capital injection of $79K designated for substantial expansion. This financing round, occurring around January 2021, signifies a pivotal moment for the established automotive service provider.

What is Auto Centric?

Auto Centric
Consumer ServicesAutomotive Service & Collision Repair

Auto Centric, a family-owned and operated business since 1978, stands as the premier independent Acura auto repair shop in the Grand Rapids, Michigan area (49525). The company has built a strong reputation for specialized Acura maintenance and repair services, catering to a loyal customer base within its community. Its longevity in the market underscores a deep understanding of the automotive service industry and a commitment to quality workmanship.

How much funding has Auto Centric raised?

Auto Centric has raised a total of $79K across 1 funding round:

2021

Debt

$79K

Debt (2021): $79K with participation from PPP

What's next for Auto Centric?

With the recent influx of expansion capital, Auto Centric is poised for significant growth. This strategic investment, likely at a Series B/C stage, suggests a focus on scaling operations, potentially through expanding service capacity, adopting new technologies, or increasing market reach within the Grand Rapids region. The company's established history and specialized expertise provide a solid foundation for leveraging this new financing to enhance its competitive position and service offerings in the independent Acura repair market.

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Frequently Asked Questions Regarding Auto Centric Financial Insights

What are the most recent funding rounds that Auto Centric has completed, and what were the funding rounds?
Auto Centric has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Auto Centric has raised to date?
Auto Centric has raised a total of $79K in funding to date.
How many funding rounds has Auto Centric completed?
Auto Centric has completed 1 funding rounds.
How much funding did Auto Centric raise in its most recent funding round?
Auto Centric raised $79K in its most recent funding round.
Who are the lead investors in Auto Centric's latest funding round?
The lead investor in Auto Centric'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 Auto Centric's history?
The largest funding round in Auto Centric's history was $79K.
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