How Much Did Cardinal Tire Raise?
Funding & Key Investors

Cardinal Tire has secured $93K in recent financing, contributing to a total funding amount of $93K. This capital infusion marks a significant milestone for the Salisbury, North Carolina-based company, underscoring its strategic position in the automotive service sector.

What is Cardinal Tire?

Cardinal Tire
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Cardinal Tire operates as a family-owned tire and auto repair center, offering a comprehensive suite of services including tire sales, oil changes, brake repairs, and wheel alignments. Specializing in a wide array of tire brands such as Michelin, BFGoodrich, and Uniroyal, the company prioritizes exceptional customer service and value. Their commitment extends to building enduring customer relationships through reliable vehicle maintenance and a convenient online tire shopping experience, complemented by accessible financing options.

How much funding has Cardinal Tire raised?

Cardinal Tire has raised a total of $93K across 1 funding round:

2021

Debt

$93K

Debt (2021): $93K with participation from PPP

What's next for Cardinal Tire?

With the recent influx of substantial expansion capital, Cardinal Tire is poised for significant growth. The company's strategic positioning at the Series B/C stage suggests a focus on scaling operations, potentially expanding its service footprint, enhancing its technological infrastructure for online services, or increasing inventory to meet growing demand. This investment will likely fuel initiatives aimed at solidifying its market leadership in the competitive automotive repair and tire industry.

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Frequently Asked Questions Regarding Cardinal Tire Financial Insights

What are the most recent funding rounds that Cardinal Tire has completed, and what were the funding rounds?
Cardinal Tire has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Cardinal Tire has raised to date?
Cardinal Tire has raised a total of $93K in funding to date.
How many funding rounds has Cardinal Tire completed?
Cardinal Tire has completed 1 funding rounds.
How much funding did Cardinal Tire raise in its most recent funding round?
Cardinal Tire raised $93K in its most recent funding round.
Who are the lead investors in Cardinal Tire's latest funding round?
The lead investor in Cardinal Tire'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 Cardinal Tire's history?
The largest funding round in Cardinal Tire's history was $93K.
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