How Much Did Blevins Ford Raise?
Funding & Key Investors

Blevins Ford, a prominent family-owned dealership, has recently secured a major strategic investment, contributing to its total funding amount of $322K. This latest capital infusion, amounting to $172K, follows a series of debt financing rounds, underscoring a significant shift towards strategic growth initiatives for the automotive retailer.

What is Blevins Ford?

Blevins Ford
RetailAutomobile DealersAutomobile Parts Stores

Blevins Ford operates as a comprehensive automotive dealership based in Gouverneur, NY, with a specialization in new and pre-owned Ford vehicles, including sought-after models such as the Mustang, Escape, and F-150. Beyond vehicle sales, the company provides a full spectrum of automotive services, encompassing financing solutions, expert repair work, and parts procurement. This integrated approach aims to deliver a complete customer journey. Serving the North Country region, including areas like Ogdensburg and Watertown, Blevins Ford is dedicated to upholding high standards of customer satisfaction and fostering a welcoming environment for all patrons.

How much funding has Blevins Ford raised?

Blevins Ford has raised a total of $322K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$172K

Debt (2020): $150K with participation from PPP

Debt (2021): $172K led by PPP

What's next for Blevins Ford?

The recent large-scale, late-stage funding marks a pivotal moment for Blevins Ford, signaling a strategic pivot towards expansion and enhanced operational capabilities. This significant capital injection is expected to fuel initiatives aimed at modernizing its service offerings, potentially expanding its inventory, and strengthening its market presence within the North Country. The strategic investment suggests a focus on long-term value creation and solidifying its position as a leading Ford dealership in the region, possibly through technological upgrades or service diversification.

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Frequently Asked Questions Regarding Blevins Ford Financial Insights

What are the most recent funding rounds that Blevins Ford has completed, and what were the funding rounds?
Blevins Ford has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Blevins Ford has raised to date?
Blevins Ford has raised a total of $322K in funding to date.
How many funding rounds has Blevins Ford completed?
Blevins Ford has completed 2 funding rounds.
How much funding did Blevins Ford raise in its most recent funding round?
Blevins Ford raised $172K in its most recent funding round.
Who are the lead investors in Blevins Ford's latest funding round?
The lead investor in Blevins Ford'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 Blevins Ford's history?
The largest funding round in Blevins Ford's history was $172K.
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