How Much Did Franklin's Service Raise?
Funding & Key Investors

Franklin's Service, a long-standing automotive repair and tire sales provider in Arcata, CA, has secured $150K in total capital, with a recent strategic investment of $150K announced on April 4, 2020. This significant backing positions the company for continued growth within the competitive automotive services sector.

What is Franklin's Service?

Franklin's Service
Consumer ServicesAutomotive Service & Collision Repair

Established in 1948, Franklin's Service is a cornerstone of the Arcata, California automotive landscape. The company specializes in comprehensive tire sales and expert automotive repair, distinguishing itself as the sole Smog Inspection Station in Arcata. Serving Humboldt County families, Franklin's Service employs ASE-certified technicians dedicated to providing honest work and reliable service, further reinforced by a nationwide warranty on all parts and services. Their enduring presence and commitment to quality have solidified their reputation in the region.

How much funding has Franklin's Service raised?

Franklin's Service has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Franklin's Service

PPP

Public-Private Partnership

What's next for Franklin's Service?

The recent strategic investment, occurring within a large-scale late-stage funding environment, suggests Franklin's Service is poised for significant expansion or operational enhancement. This capital infusion will likely support initiatives aimed at scaling their service offerings, potentially expanding their geographic reach within Humboldt County, or investing in advanced diagnostic and repair technologies. The company's focus on quality and customer trust, coupled with this financial backing, indicates a strategic move to further solidify its market leadership and service capabilities.

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Frequently Asked Questions Regarding Franklin's Service Financial Insights

What are the most recent funding rounds that Franklin's Service has completed, and what were the funding rounds?
Franklin's Service has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Franklin's Service has raised to date?
Franklin's Service has raised a total of $150K in funding to date.
How many funding rounds has Franklin's Service completed?
Franklin's Service has completed 1 funding rounds.
How much funding did Franklin's Service raise in its most recent funding round?
Franklin's Service raised $150K in its most recent funding round.
Who are the lead investors in Franklin's Service's latest funding round?
The lead investor in Franklin's 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 Franklin's Service's history?
The largest funding round in Franklin's Service's history was $150K.
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