How Much Did Coast Auto Store Raise?
Funding & Key Investors

Coast Auto Store has successfully secured a significant capital injection, bringing its total funding to $29K. This latest financing round, which contributed $29K in substantial expansion capital, underscores the firm's robust trajectory within the competitive automotive retail sector. By leveraging this influx of liquidity, the Saint Petersburg-based dealership is positioned to solidify its operational footprint across the Tampa Bay region, including key markets in Tampa and Clearwater. This strategic financial milestone reflects investor confidence in the company's ability to scale its dealership model and enhance its regional market share.

What is Coast Auto Store?

Coast Auto Store
RetailAutomobile Dealers

Coast Auto Store operates as a specialized automotive dealership headquartered in Saint Petersburg, Florida. The company serves as a critical hub for vehicle procurement and maintenance services, catering to a diverse demographic across the Tampa Bay metropolitan area. By maintaining a strong local presence in both Tampa and Clearwater, the firm has established itself as a reliable entity in the regional automotive ecosystem. The business model focuses on high-volume sales and customer-centric service delivery, which has proven effective in navigating the complexities of the modern retail automotive landscape. As the company transitions through its current growth phase, it continues to refine its inventory management and customer acquisition strategies to maintain a competitive edge.

How much funding has Coast Auto Store raised?

Coast Auto Store has raised a total of $29K across 1 funding round:

2021

Debt

$29K

Debt (2021): $29K with participation from PPP

Key Investors in Coast Auto Store

PPP

Public-Private Partnership

What's next for Coast Auto Store?

With the recent infusion of capital, Coast Auto Store is expected to prioritize the scaling of its physical infrastructure and the optimization of its digital sales channels. The current Series B/C stage indicates a shift toward aggressive market penetration and operational efficiency. Future strategic initiatives will likely involve the expansion of service capabilities and the potential integration of advanced inventory tracking technologies to better serve the growing demand in the Clearwater and Tampa corridors. By focusing on long-term sustainability and regional dominance, the company is well-equipped to navigate the evolving challenges of the automotive retail industry while delivering consistent value to its stakeholders and local clientele.

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Frequently Asked Questions Regarding Coast Auto Store Financial Insights

What are the most recent funding rounds that Coast Auto Store has completed, and what were the funding rounds?
Coast Auto Store has recently completed 1 funding rounds: Debt on Jan 31, 2021.
What is the total amount of funding Coast Auto Store has raised to date?
Coast Auto Store has raised a total of $29K in funding to date.
How many funding rounds has Coast Auto Store completed?
Coast Auto Store has completed 1 funding rounds.
How much funding did Coast Auto Store raise in its most recent funding round?
Coast Auto Store raised $29K in its most recent funding round.
Who are the lead investors in Coast Auto Store's latest funding round?
The lead investor in Coast Auto Store'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 Coast Auto Store's history?
The largest funding round in Coast Auto Store's history was $29K.
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