What is Black & White Towing?
Black & White Towing Inc. has been a cornerstone provider of towing and roadside assistance services across the San Fernando Valley and North Hollywood since 1946. Offering comprehensive 24/7 support, their services include vehicle towing, jump-starts, tire changes, and fuel delivery. The company also holds official towing contracts with local law enforcement agencies. Beyond its core services, Black & White Towing actively engages with the community through weekly auto auctions for abandoned vehicles and various charitable initiatives, demonstrating a commitment to local support and development.
How much funding has Black & White Towing raised?
Black & White Towing has raised a total of $375K across 2 funding rounds:
Debt
$150K
Debt
$225K
Debt (2020): $150K with participation from PPP
Debt (2021): $225K led by PPP
Key Investors in Black & White Towing
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Black & White Towing?
The recent large-scale, late-stage funding, characterized as a major strategic investment, signals a pivotal moment for Black & White Towing. This influx of capital is likely earmarked for expanding operational infrastructure, enhancing service fleet capabilities, and potentially broadening its geographic reach or service offerings. The company's long-standing history and established community ties, combined with this strategic financial backing, position it for continued growth and market leadership in roadside assistance and towing services.
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