How Much Did Collins Marine Raise?
Funding & Key Investors

Collins Marine, a cornerstone of the Western New York maritime sector since 1953, has successfully secured a major strategic investment to bolster its operational capacity. This recent financing, totaling $113K, represents a significant milestone in the company's long-term growth trajectory. With a cumulative capital infusion of $113K, the Tonawanda-based dealership is well-positioned to reinforce its market dominance in the competitive marine retail landscape.

What is Collins Marine?

Collins Marine
RetailAutomobile DealersSporting & Recreational Equipment Retail

Operating out of Tonawanda, NY, Collins Marine has cultivated a reputation for excellence in the distribution and maintenance of high-performance vessels, specifically Chaparral and Robalo brands. The firm functions as a comprehensive marine hub, providing a full spectrum of services that includes new and pre-owned boat sales, professional rentals, specialized parts procurement, and technical service. Beyond retail, the company provides essential lifecycle management for boating enthusiasts, including winter storage and seasonal winterization services. By maintaining a focus on quality and customer satisfaction for over seven decades, Collins Marine has established itself as a trusted authority for regional maritime consumers.

How much funding has Collins Marine raised?

Collins Marine has raised a total of $113K across 1 funding round:

2021

Debt

$113K

Debt (2021): $113K with participation from PPP

Key Investors in Collins Marine

PPP

Public-Private Partnership

What's next for Collins Marine?

The infusion of capital from this late-stage financing round provides Collins Marine with the necessary liquidity to optimize its service infrastructure and expand its inventory capabilities. As the company navigates the evolving demands of the marine industry, this strategic investment will likely be directed toward enhancing customer experience platforms and scaling service operations to meet the needs of a growing client base. By leveraging its historical market presence and the recent influx of financial resources, Collins Marine is poised to maintain its competitive edge, ensuring that its service offerings remain aligned with the high standards expected by its clientele in the Western New York region and beyond.

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Frequently Asked Questions Regarding Collins Marine Financial Insights

What are the most recent funding rounds that Collins Marine has completed, and what were the funding rounds?
Collins Marine has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding Collins Marine has raised to date?
Collins Marine has raised a total of $113K in funding to date.
How many funding rounds has Collins Marine completed?
Collins Marine has completed 1 funding rounds.
How much funding did Collins Marine raise in its most recent funding round?
Collins Marine raised $113K in its most recent funding round.
Who are the lead investors in Collins Marine's latest funding round?
The lead investor in Collins Marine'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 Collins Marine's history?
The largest funding round in Collins Marine's history was $113K.
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