How Much Did Batteries Raise?
Funding & Key Investors

Batteries, a company specializing in battery distribution and related automotive services, has secured a total funding amount of $150K. The company recently announced a major strategic investment, bringing its total capital raised to this significant figure. This latest financing round, alongside its overall funding history, positions Batteries for continued expansion in the competitive automotive parts and services market.

What is Batteries?

Batteries
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Batteries of NC LLC, based in Angier, NC, operates as a distributor of high-quality batteries, starters, and alternators. The company extends its services through its business unit, Southern Warning Systems, LLC, offering emergency lighting and vehicle upfitting solutions. With a strategic focus on reliability and affordability, Batteries of NC LLC is committed to leveraging the latest technology to meet diverse client needs. The company's operational scope encompasses a broad range of automotive and electrical components, underscoring its role in the aftermarket parts sector.

How much funding has Batteries raised?

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

2020

Debt

$150K

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

What's next for Batteries?

The company's large-scale late-stage funding context suggests a strategic pivot towards significant market penetration or operational scaling. This substantial capital infusion, characterized as a major strategic investment, is likely earmarked for expanding distribution networks, enhancing product lines, or potentially acquiring complementary businesses. Batteries of NC LLC's focus on quality and technological integration, coupled with its diversified service offerings, positions it to capitalize on emerging opportunities within the automotive aftermarket and specialized vehicle services industries.

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Frequently Asked Questions Regarding Batteries Financial Insights

What are the most recent funding rounds that Batteries has completed, and what were the funding rounds?
Batteries has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Batteries has raised to date?
Batteries has raised a total of $150K in funding to date.
How many funding rounds has Batteries completed?
Batteries has completed 1 funding rounds.
How much funding did Batteries raise in its most recent funding round?
Batteries raised $150K in its most recent funding round.
Who are the lead investors in Batteries's latest funding round?
The lead investor in Batteries'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 Batteries's history?
The largest funding round in Batteries's history was $150K.
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