How Much Did Evola Service Raise?
Funding & Key Investors

Evola Service has secured $292K in total capital, with its most recent funding round bringing in $142K through a major strategic investment. This significant backing positions the company for its next phase of growth in the competitive automotive service market.

What is Evola Service?

Evola Service
Consumer ServicesAutomotive Service & Collision Repair

Evola Service is a dedicated provider of comprehensive vehicle repair and maintenance, with a specialized focus on Tesla models, electric vehicles (EVs), and hybrids in the Mount Clemens area. The company prides itself on ensuring customer confidence through meticulous inspections and services performed by ASE certified technicians. Their expertise spans critical vehicle systems, including suspension, brakes, and electrical repairs, for both domestic and foreign makes. Evola Service is committed to delivering exceptional service, supported by accessible payment plans and transparent invoicing.

How much funding has Evola Service raised?

Evola Service has raised a total of $292K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$142K

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

Debt (2021): $142K led by PPP

Key Investors in Evola Service

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Evola Service?

The recent large-scale late-stage funding indicates Evola Service is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in specialized EV and hybrid repair capabilities, potentially broadening service offerings or increasing market reach. The company's focus on specialized vehicle segments suggests a strategy to capture a growing niche within the automotive aftermarket, leveraging its technical expertise to build a strong brand reputation and customer loyalty.

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Frequently Asked Questions Regarding Evola Service Financial Insights

What are the most recent funding rounds that Evola Service has completed, and what were the funding rounds?
Evola Service has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Evola Service has raised to date?
Evola Service has raised a total of $292K in funding to date.
How many funding rounds has Evola Service completed?
Evola Service has completed 2 funding rounds.
How much funding did Evola Service raise in its most recent funding round?
Evola Service raised $142K in its most recent funding round.
Who are the lead investors in Evola Service's latest funding round?
The lead investor in Evola Service'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 Evola Service's history?
The largest funding round in Evola Service's history was $150K.
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