How Much Did Cardinal Tire Raise?
Funding & Key Investors

Cardinal Tire has successfully secured a significant capital injection, marking a pivotal moment in its operational evolution. With a total funding amount reaching $93K, the firm is well-positioned to leverage the $93K recently acquired to accelerate its market presence. This infusion of debt financing underscores the company's robust financial health and its capacity to manage large-scale growth initiatives within the competitive automotive service sector.

What is Cardinal Tire?

Cardinal Tire
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Based in Salisbury, North Carolina, Cardinal Tire operates as a comprehensive automotive maintenance and tire retail hub. The company distinguishes itself through a specialized inventory featuring premium brands such as Michelin, BFGoodrich, and Uniroyal. Beyond tire sales, the firm provides a full suite of vehicle care services, including brake repairs, oil changes, and precision wheel alignments. By integrating a digital-first tire shopping experience with traditional, relationship-driven service, Cardinal Tire has established a defensible market position that balances high-touch customer engagement with modern operational efficiency.

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

Key Investors in Cardinal Tire

PPP

Public-Private Partnership

What's next for Cardinal Tire?

The recent influx of capital is earmarked for substantial expansion, signaling a transition into a more aggressive growth phase. As the company scales, management is expected to focus on optimizing its service center footprint and enhancing its digital infrastructure to capture a larger share of the regional automotive aftermarket. By utilizing this financing to bolster its supply chain and service capacity, Cardinal Tire is strategically aligning itself to meet the rising demand for reliable vehicle maintenance, ensuring long-term sustainability and competitive advantage in the North Carolina market.

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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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