How Much Did Balas Distributing Raise?
Funding & Key Investors

Balas Distributing has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's position in the market and its trajectory for future growth. The context of this funding suggests a significant stage of development for the auto repair services provider.

What is Balas Distributing?

Balas Distributing
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Balas Distributing is a family-owned and operated auto repair shop with a long-standing history, established in Freeland, Pennsylvania, in 1946. The company specializes in providing name-brand tires, wheels, and a comprehensive suite of auto services, including brake repairs. With a foundational emphasis on exceptional customer service, Balas Distributing strives to cultivate a family-like atmosphere for its clientele, ensuring competitive pricing within the region. The business serves the Freeland community and surrounding areas, solidifying its role as a local staple in automotive care.

How much funding has Balas Distributing raised?

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

2020

Debt

$150K

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

What's next for Balas Distributing?

The recent major strategic investment into Balas Distributing, within the framework of large-scale late-stage funding, indicates a strategic push for expansion or operational enhancement. This capital infusion is likely to fuel initiatives aimed at scaling services, upgrading facilities, or expanding market reach. As a community-focused auto repair shop, the company is poised to leverage this financial backing to further solidify its market presence and enhance its service offerings, potentially through technological adoption or strategic partnerships.

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Frequently Asked Questions Regarding Balas Distributing Financial Insights

What are the most recent funding rounds that Balas Distributing has completed, and what were the funding rounds?
Balas Distributing has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Balas Distributing has raised to date?
Balas Distributing has raised a total of $150K in funding to date.
How many funding rounds has Balas Distributing completed?
Balas Distributing has completed 1 funding rounds.
How much funding did Balas Distributing raise in its most recent funding round?
Balas Distributing raised $150K in its most recent funding round.
Who are the lead investors in Balas Distributing's latest funding round?
The lead investor in Balas Distributing'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 Balas Distributing's history?
The largest funding round in Balas Distributing's history was $150K.
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