How Much Did Auto Tech Raise?
Funding & Key Investors

Auto Tech has secured a total funding amount of $350K, with its most recent financing round bringing in $350K in a major strategic investment. This significant capital infusion underscores the company's established presence and ongoing growth trajectory in the automotive services sector.

What is Auto Tech?

Auto Tech
Consumer ServicesAutomotive Service & Collision Repair

Auto Tech Centers is a seasoned provider of auto repair and tire services, boasting nearly three decades of operational experience across four locations in the Chicagoland area. The company offers a comprehensive suite of vehicle maintenance solutions, including tire sales, installation, and balancing, alongside a broad spectrum of auto repairs for all vehicle makes and models. Auto Tech Centers emphasizes customer satisfaction, leveraging a team of skilled technicians and high-quality automotive parts. Their extensive tire inventory features over 6,000 tires from leading brands, complemented by specialized services such as brake and engine repair.

How much funding has Auto Tech raised?

Auto Tech has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Auto Tech

PPP

Public-Private Partnership

What's next for Auto Tech?

With a substantial late-stage funding context, Auto Tech is poised for strategic expansion and operational enhancement. The recent major strategic investment suggests a focus on scaling its service offerings, potentially through new location openings, technology adoption for improved diagnostics and customer experience, or further inventory expansion. This capital will likely fuel initiatives aimed at solidifying its market leadership in the competitive automotive repair and tire market, ensuring continued service excellence and customer loyalty.

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Frequently Asked Questions Regarding Auto Tech Financial Insights

What are the most recent funding rounds that Auto Tech has completed, and what were the funding rounds?
Auto Tech has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Auto Tech has raised to date?
Auto Tech has raised a total of $350K in funding to date.
How many funding rounds has Auto Tech completed?
Auto Tech has completed 1 funding rounds.
How much funding did Auto Tech raise in its most recent funding round?
Auto Tech raised $350K in its most recent funding round.
Who are the lead investors in Auto Tech's latest funding round?
The lead investor in Auto Tech'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 Tech's history?
The largest funding round in Auto Tech's history was $350K.
See more information about Auto Tech