How Much Did Beacon Tire Raise?
Funding & Key Investors

Beacon Tire has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established position in the tire manufacturing and distribution sector.

What is Beacon Tire?

Beacon Tire
RetailAutomobile Parts Stores

Beacon Tire stands as one of the prominent tire companies operating in the southern region. The company specializes in the sale of Cooper Tire products, offering a comprehensive range that includes tires for passenger vehicles, SUVs, light trucks, motorcycles, as well as high-performance and racing applications. This broad product portfolio caters to a diverse customer base, from everyday drivers to professional racers.

How much funding has Beacon Tire raised?

Beacon Tire has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Beacon Tire?

The recent major strategic investment signals a new phase of growth and development for Beacon Tire. This capital infusion is likely to be directed towards expanding operational capacity, enhancing distribution networks, or potentially exploring new market segments. Given the enterprise-level nature of the funding, strategic partnerships or acquisitions could also be on the horizon, further solidifying Beacon Tire's market leadership and competitive edge in the automotive aftermarket.

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Frequently Asked Questions Regarding Beacon Tire Financial Insights

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