How Much Did Dependable Auto Body Raise?
Funding & Key Investors

Dependable Auto Body has secured $446K in total capital, with its most recent financing round bringing in $296K. This significant investment underscores the company's established presence and strategic growth trajectory within the automotive repair sector. The context of this capital infusion points towards a large-scale, late-stage funding initiative, indicative of a mature business poised for further expansion or operational enhancement.

What is Dependable Auto Body?

Dependable Auto Body
Consumer ServicesAutomotive Service & Collision Repair

Dependable Auto Body, a family-owned establishment operating in Staten Island, NY, has been a cornerstone of the community since 1978. The company offers comprehensive auto body repair services, catering to a diverse clientele that includes owners of both luxury and economy vehicles. Their expertise spans critical areas such as collision repair, meticulous dent removal, and custom painting, all executed with state-of-the-art equipment to ensure superior quality. With over 45 years of dedicated experience, Dependable Auto Body is committed to restoring vehicles to their pre-accident condition with efficiency and precision, while also simplifying the client experience by managing insurance claims and facilitating rental car arrangements.

How much funding has Dependable Auto Body raised?

Dependable Auto Body has raised a total of $446K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$296K

Debt (2020): $150K with participation from PPP

Debt (2021): $296K led by PPP

What's next for Dependable Auto Body?

The recent strategic investment in Dependable Auto Body signals a pivotal moment for the company, likely enabling enhancements in operational capacity, technological upgrades, or market reach. Given its long-standing reputation and focus on quality service, this capital infusion is expected to fortify its competitive position in the auto repair market. Future endeavors may include expanding service offerings, adopting new repair technologies, or potentially increasing its geographic footprint, all while maintaining the personalized customer service that has defined its legacy.

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Frequently Asked Questions Regarding Dependable Auto Body Financial Insights

What are the most recent funding rounds that Dependable Auto Body has completed, and what were the funding rounds?
Dependable Auto Body has recently completed 2 funding rounds: Debt on Feb 7, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Dependable Auto Body has raised to date?
Dependable Auto Body has raised a total of $446K in funding to date.
How many funding rounds has Dependable Auto Body completed?
Dependable Auto Body has completed 2 funding rounds.
How much funding did Dependable Auto Body raise in its most recent funding round?
Dependable Auto Body raised $296K in its most recent funding round.
Who are the lead investors in Dependable Auto Body's latest funding round?
The lead investor in Dependable Auto Body'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 Dependable Auto Body's history?
The largest funding round in Dependable Auto Body's history was $296K.
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