How Much Did Autofrost Raise?
Funding & Key Investors

Autofrost, a prominent wholesale distributor of ice cream novelties and treats, has secured significant capital, with its total funding reaching $434K. The company recently announced a major strategic investment of $284K, underscoring its robust growth trajectory and market position. This latest financing round signifies a pivotal moment for Autofrost as it continues to expand its reach and operational capabilities within the competitive frozen dessert sector.

What is Autofrost?

Autofrost
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Autofrost Corp. has established itself as a premiere wholesale distributor of ice cream novelties and treats, with its roots tracing back to a family-owned ice cream shop founded in 1949. Based in the Midwest, the company offers a diverse range of frozen delights, including paletas and pints, serving a broad clientele that spans street vendors, convenience stores, chain restaurants, and special events. Autofrost is recognized for its dependable logistics, utilizing specialized low-temperature trucks and freezers to guarantee product quality and freshness. The company has built a strong operational foundation, successfully servicing over 2,500 accounts across key markets such as Chicago and Indianapolis, while maintaining competitive pricing strategies to bolster client profitability.

How much funding has Autofrost raised?

Autofrost has raised a total of $434K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$284K

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

Debt (2021): $284K led by PPP

What's next for Autofrost?

The recent large-scale late-stage funding infusion positions Autofrost for accelerated expansion and strategic market penetration. This capital injection is expected to fuel enhancements in distribution networks, product line diversification, and potentially new market entries. Given Autofrost's established track record and extensive client base, this investment will likely enable the company to solidify its leadership in the wholesale ice cream distribution industry, optimize operational efficiencies, and explore innovative avenues for growth. The strategic investment signals confidence from backers in Autofrost's business model and its capacity to scale effectively.

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Frequently Asked Questions Regarding Autofrost Financial Insights

What are the most recent funding rounds that Autofrost has completed, and what were the funding rounds?
Autofrost has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Autofrost has raised to date?
Autofrost has raised a total of $434K in funding to date.
How many funding rounds has Autofrost completed?
Autofrost has completed 2 funding rounds.
How much funding did Autofrost raise in its most recent funding round?
Autofrost raised $284K in its most recent funding round.
Who are the lead investors in Autofrost's latest funding round?
The lead investor in Autofrost'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 Autofrost's history?
The largest funding round in Autofrost's history was $284K.
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