How Much Did Black Magic Performance Raise?
Funding & Key Investors

Black Magic Performance has secured significant funding, with the total amount raised standing at $57K. The company recently announced a substantial expansion capital round, bringing in $57K to fuel its growth initiatives. This latest financing underscores the company's strategic positioning and its potential for further development in the automotive services sector.

What is Black Magic Performance?

Black Magic Performance
Consumer ServicesAutomotive Service & Collision Repair

Black Magic Performance is a specialized provider of diesel repair and automotive services based in Cedar Rapids, Iowa. Leveraging over a century of combined expertise, the company focuses on high-quality diesel and gas tuning, performance upgrades, and essential maintenance for a diverse range of vehicles, including cars, light trucks, UTVs, and side-by-sides. Their commitment extends to both individual vehicle owners and businesses requiring robust fleet maintenance, ensuring optimal vehicle performance and reliability through expert service.

How much funding has Black Magic Performance raised?

Black Magic Performance has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for Black Magic Performance?

With the recent influx of substantial expansion capital, Black Magic Performance is poised for a significant scaling phase. The company's strategic focus on performance upgrades and specialized diesel services, coupled with its established reputation in Cedar Rapids, positions it well to capture a larger market share. Future investments are likely to target enhanced service capabilities, expanded operational capacity, and potentially broader geographic reach, building upon its strong foundation and the confidence demonstrated by its latest round of financing.

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Frequently Asked Questions Regarding Black Magic Performance Financial Insights

What are the most recent funding rounds that Black Magic Performance has completed, and what were the funding rounds?
Black Magic Performance has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding Black Magic Performance has raised to date?
Black Magic Performance has raised a total of $57K in funding to date.
How many funding rounds has Black Magic Performance completed?
Black Magic Performance has completed 1 funding rounds.
How much funding did Black Magic Performance raise in its most recent funding round?
Black Magic Performance raised $57K in its most recent funding round.
Who are the lead investors in Black Magic Performance's latest funding round?
The lead investor in Black Magic Performance'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 Magic Performance's history?
The largest funding round in Black Magic Performance's history was $57K.
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