How Much Did Black & White Towing Raise?
Funding & Key Investors

Black & White Towing has secured significant capital, with its total funding reaching $375K following a recent major strategic investment of $225K. This substantial backing underscores the company's established presence and ongoing operational capacity in the competitive automotive services sector.

What is Black & White Towing?

Black & White Towing
TransportationTrucking, Moving & StorageConsumer Services

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:

2020

Debt

$150K

2021

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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Frequently Asked Questions Regarding Black & White Towing Financial Insights

What are the most recent funding rounds that Black & White Towing has completed, and what were the funding rounds?
Black & White Towing has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Black & White Towing has raised to date?
Black & White Towing has raised a total of $375K in funding to date.
How many funding rounds has Black & White Towing completed?
Black & White Towing has completed 2 funding rounds.
How much funding did Black & White Towing raise in its most recent funding round?
Black & White Towing raised $225K in its most recent funding round.
Who are the lead investors in Black & White Towing's latest funding round?
The lead investor in Black & White Towing'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 Black & White Towing's history?
The largest funding round in Black & White Towing's history was $225K.
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