How Much Did Best One Raise?
Funding & Key Investors

Best One has secured $350K in total capital, with its most recent funding round bringing in $350K. This major strategic investment underscores the company's established position in the market and its ongoing growth trajectory. The context of this large-scale late-stage funding suggests a focus on expansion and solidifying its market leadership.

What is Best One?

Best One
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Best One of Central IL, established in 1943, is a seasoned provider of fleet maintenance and repair services. The company specializes in ensuring continuous operations for businesses through a comprehensive suite of offerings, including new and retread tires, roadside assistance, and heavy truck repair. Serving a broad clientele across central Illinois, including Decatur, Champaign, Normal, and Pekin, Best One operates multiple locations to cater to both commercial and retail customers, emphasizing reliability and service excellence.

How much funding has Best One raised?

Best One has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Best One

PPP

Public-Private Partnership

What's next for Best One?

With a significant capital infusion indicated by the large-scale late-stage funding, Best One is poised for strategic advancements. This investment will likely fuel initiatives aimed at expanding service capabilities, enhancing operational efficiency, and potentially broadening its geographic reach. The company's long history and established reputation in fleet maintenance suggest a strategic deployment of these funds to reinforce its market dominance and explore new avenues for growth within the commercial vehicle services sector.

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Frequently Asked Questions Regarding Best One Financial Insights

What are the most recent funding rounds that Best One has completed, and what were the funding rounds?
Best One has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Best One has raised to date?
Best One has raised a total of $350K in funding to date.
How many funding rounds has Best One completed?
Best One has completed 1 funding rounds.
How much funding did Best One raise in its most recent funding round?
Best One raised $350K in its most recent funding round.
Who are the lead investors in Best One's latest funding round?
The lead investor in Best One'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 Best One's history?
The largest funding round in Best One's history was $350K.
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