Dave Smith Ford Funding: How Much Did They Raise & Key Investors

How Much Did Dave Smith Ford Raise?
Funding & Key Investors

Dave Smith Ford has secured $1.2M in total capital, with a recent strategic investment of $865K. This enterprise-level funding underscores the company's significant financial backing and its strategic positioning within its market sector. The latest financing round, dated March 2, 2021, signifies a pivotal moment for the automotive dealership.

What is Dave Smith Ford?

Dave Smith Ford

Retail

Automobile Dealers

Automotive Service & Collision Repair

Dave Smith Ford operates as a prominent Ford dealership, serving the Williamsville, NY area. The company's business model encompasses the sale of new and used Ford vehicles, alongside comprehensive service and parts departments. Its market presence is defined by its role as a key automotive retailer, providing a range of vehicles and related services to its customer base.

How much funding has Dave Smith Ford raised?

Dave Smith Ford has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$865K

Debt (2020): $350K with participation from PPP

Debt (2021): $865K led by PPP

What's next for Dave Smith Ford?

The recent major strategic investment indicates a phase of potential expansion or operational enhancement for Dave Smith Ford. This capital infusion is likely to support initiatives aimed at strengthening its market share, upgrading facilities, or expanding its inventory and service capabilities. The company's trajectory suggests a focus on sustained growth and customer service excellence within the competitive automotive retail landscape.

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