How Much Did Filtrec Raise?
Funding & Key Investors

Filtrec Corporation has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the automotive service equipment sector.

What is Filtrec?

Filtrec
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Filtrec Corporation specializes in the provision and servicing of essential automotive service equipment. Their offerings include vehicle lifts, lubrication equipment, and air compressors, catering to a broad spectrum of clients, notably those requiring support for heavy vehicles such as tractor trailers and buses. The company distinguishes itself through its commitment to comprehensive customer support, providing annual lift inspections and collaborating closely with clients to ensure quality installations. Filtrec's operational philosophy centers on assisting clients throughout their planning and implementation phases, aiming for complete satisfaction.

How much funding has Filtrec raised?

Filtrec has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Filtrec

PPP

Public-Private Partnership

What's next for Filtrec?

The substantial capital infusion, contextualized by a large-scale late-stage funding environment, suggests Filtrec is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in their service equipment portfolio, potentially broadening their market reach and reinforcing their position as a key provider in the automotive service industry. Future developments may include technological upgrades to their equipment offerings and an expansion of their service network to meet growing demand.

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Frequently Asked Questions Regarding Filtrec Financial Insights

What are the most recent funding rounds that Filtrec has completed, and what were the funding rounds?
Filtrec has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Filtrec has raised to date?
Filtrec has raised a total of $150K in funding to date.
How many funding rounds has Filtrec completed?
Filtrec has completed 1 funding rounds.
How much funding did Filtrec raise in its most recent funding round?
Filtrec raised $150K in its most recent funding round.
Who are the lead investors in Filtrec's latest funding round?
The lead investor in Filtrec'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 Filtrec's history?
The largest funding round in Filtrec's history was $150K.
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