How Much Did Brake King Raise?
Funding & Key Investors

Brake King has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the automotive services sector. The company's funding history, including a notable debt financing of $150M on April 10, 2020, points to a strategy focused on operational expansion and stability.

What is Brake King?

Brake King
Consumer ServicesAutomotive Service & Collision Repair

Brake King operates as a dedicated auto repair and tire shop situated in Newport News, Virginia. The company specializes in a comprehensive suite of automotive services, including the sale and maintenance of car, truck, and SUV tires, alongside a broad spectrum of repair services. They provide essential vehicle care tips, diagnostic services, routine maintenance advice, and mandatory Virginia state inspections. Brake King aims to serve local residents across Newport News, Norfolk, and Chesapeake, VA, ensuring their vehicles remain in optimal running condition for daily commutes and travel. Their commitment is to vehicle safety and performance for all customer needs.

How much funding has Brake King raised?

Brake King has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Brake King

PPP

Public-Private Partnership

What's next for Brake King?

The substantial capital infusion, particularly the recent strategic investment, positions Brake King for significant growth and enhanced service delivery. As a company operating in the late-stage funding environment, this capital is likely earmarked for expanding its service footprint, upgrading diagnostic and repair technologies, and potentially increasing its inventory of tires and parts. The focus on strategic investment suggests a forward-looking approach, possibly involving partnerships or acquisitions to solidify its market position in the competitive automotive repair industry. Continued investment in customer service and operational efficiency will be key to leveraging this financial backing for sustained success.

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Frequently Asked Questions Regarding Brake King Financial Insights

What are the most recent funding rounds that Brake King has completed, and what were the funding rounds?
Brake King has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Brake King has raised to date?
Brake King has raised a total of $150K in funding to date.
How many funding rounds has Brake King completed?
Brake King has completed 1 funding rounds.
How much funding did Brake King raise in its most recent funding round?
Brake King raised $150K in its most recent funding round.
Who are the lead investors in Brake King's latest funding round?
The lead investor in Brake King'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 Brake King's history?
The largest funding round in Brake King's history was $150K.
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