How Much Did Dependable Dodge Raise?
Funding & Key Investors

Dependable Dodge has secured $350K in total capital, with a recent strategic investment of $350K announced on April 29, 2020. This significant backing positions the company for its next phase of growth.

What is Dependable Dodge?

Dependable Dodge
RetailAutomobile DealersAutomotive Service & Collision Repair

Dependable Dodge is a prominent automotive dealership situated in Canoga Park, California. The company specializes in the sale of new and pre-owned vehicles, featuring a comprehensive inventory from Chrysler, Dodge, Jeep, and Ram. Their offerings extend to electric and hybrid models, complemented by robust financing options and trade-in services designed to streamline the vehicle acquisition process for customers. Furthermore, Dependable Dodge emphasizes high-quality auto service and maintenance to ensure optimal vehicle performance and longevity. Their target demographic includes residents from surrounding areas such as Van Nuys, Simi Valley, Ventura, and Thousand Oaks.

How much funding has Dependable Dodge raised?

Dependable Dodge has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Dependable Dodge

PPP

Public-Private Partnership

What's next for Dependable Dodge?

The recent strategic investment, coupled with the substantial total funding of $350K, indicates that Dependable Dodge is likely in a late-stage growth phase. This capital infusion is expected to fuel expansion initiatives, potentially including inventory enhancement, service department upgrades, or the adoption of new automotive technologies. The company's focus on diverse vehicle types, including electric and hybrid options, suggests a strategic alignment with evolving market demands and environmental considerations. Future developments may involve expanding their service offerings or enhancing customer engagement through digital platforms.

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Frequently Asked Questions Regarding Dependable Dodge Financial Insights

What are the most recent funding rounds that Dependable Dodge has completed, and what were the funding rounds?
Dependable Dodge has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Dependable Dodge has raised to date?
Dependable Dodge has raised a total of $350K in funding to date.
How many funding rounds has Dependable Dodge completed?
Dependable Dodge has completed 1 funding rounds.
How much funding did Dependable Dodge raise in its most recent funding round?
Dependable Dodge raised $350K in its most recent funding round.
Who are the lead investors in Dependable Dodge's latest funding round?
The lead investor in Dependable Dodge'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 Dodge's history?
The largest funding round in Dependable Dodge's history was $350K.
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