How Much Did Burns Honda Raise?
Funding & Key Investors

Burns Honda has solidified its market position through a significant capital injection, securing a total funding amount of $2M. This recent strategic investment of $2M underscores the dealership's commitment to maintaining its long-standing operational excellence within the competitive automotive retail sector. By leveraging this financial backing, the organization aims to fortify its infrastructure and enhance its service delivery capabilities across the South Jersey and Greater Philadelphia regions.

What is Burns Honda?

Burns Honda
RetailAutomobile DealersAutomotive Service & Collision Repair

Operating for over five decades, Burns Honda serves as a cornerstone of the Marlton, New Jersey automotive landscape. The firm specializes in the distribution of new Honda models, certified pre-owned vehicles, and a comprehensive suite of maintenance and repair services. Beyond traditional sales, the company has integrated advanced digital procurement tools to streamline the consumer experience, positioning itself as a modern, tech-forward dealership. Its market authority is derived from a blend of legacy trust and a proactive approach to evolving consumer demands in the automotive retail space.

How much funding has Burns Honda raised?

Burns Honda has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Burns Honda

PPP

Public-Private Partnership

What's next for Burns Honda?

With the infusion of this recent capital, Burns Honda is well-positioned to scale its digital transformation initiatives and optimize its service center throughput. The strategic allocation of these funds will likely focus on enhancing the customer journey through improved online integration and potential facility upgrades to accommodate the growing demand for electric and hybrid vehicle maintenance. As the automotive industry shifts toward more digitized sales models, Burns Honda is poised to leverage its established community reputation to capture a larger share of the regional market, ensuring long-term sustainability and operational resilience.

See full Burns Honda company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Automobile DealersRetailAutomotive Service & Collision RepairConsumer Services
Grocery RetailRetailBusiness ServicesFood ServiceHospitalityRestaurant Reservations
Home Improvement & Hardware RetailRetailSporting & Recreational Equipment Retail
Automobile Parts StoresRetailAutomotive Service & Collision RepairConsumer Services

Frequently Asked Questions Regarding Burns Honda Financial Insights

What are the most recent funding rounds that Burns Honda has completed, and what were the funding rounds?
Burns Honda has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Burns Honda has raised to date?
Burns Honda has raised a total of $2M in funding to date.
How many funding rounds has Burns Honda completed?
Burns Honda has completed 1 funding rounds.
How much funding did Burns Honda raise in its most recent funding round?
Burns Honda raised $2M in its most recent funding round.
Who are the lead investors in Burns Honda's latest funding round?
The lead investor in Burns Honda'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 Burns Honda's history?
The largest funding round in Burns Honda's history was $2M.
See more information about Burns Honda