How Much Did Garagistic Raise?
Funding & Key Investors

Garagistic, a specialist in high-performance BMW parts, has secured significant capital, with total funding reaching $371K. The company recently announced a major strategic investment of $259K, underscoring its robust growth trajectory and market position in the automotive aftermarket sector. This latest financing round signifies a critical juncture for Garagistic as it aims to further its expansion and product development initiatives.

What is Garagistic?

Garagistic
RetailAutomobile Parts StoresAutomotive Parts

Garagistic is a prominent provider of high-quality performance parts for BMW vehicles, specializing in models such as E30, E36, E46, and E92. Their offerings include custom-engineered components ranging from suspension upgrades to drivetrain solutions aimed at enhancing overall vehicle performance. Garagistic caters to car enthusiasts and racers, providing fast shipping, expert support, and a wide range of products for various BMW series. With a focus on precision manufacturing and innovative designs, they offer items like low profile modular subframes and intricate shifters tailored for racing applications.

How much funding has Garagistic raised?

Garagistic has raised a total of $371K across 2 funding rounds:

2021

Debt

$112K

2024

Debt

$259K

Debt (2021): $112K with participation from PPP

Debt (2024): $259K led by CDC Small Business Finance

Key Investors in Garagistic

CDC Small Business Finance

CDC Small Business Finance is an organization that provides capital and resources to small businesses, likely focusing on debt financing and strategic growth initiatives for established companies.

PPP

Public-Private Partnership

What's next for Garagistic?

The substantial capital infusion, particularly the recent strategic investment, positions Garagistic for accelerated growth and market penetration. This funding is expected to fuel advancements in product engineering, expand manufacturing capabilities, and enhance distribution networks to better serve the global community of BMW performance enthusiasts. Garagistic's focus on specialized, high-quality components for iconic BMW models suggests a strategy aimed at capturing a significant share of a dedicated niche market, with potential for further innovation in performance tuning and custom solutions.

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Frequently Asked Questions Regarding Garagistic Financial Insights

What are the most recent funding rounds that Garagistic has completed, and what were the funding rounds?
Garagistic has recently completed 2 funding rounds: Debt on Dec 31, 2024, Debt on Feb 7, 2021.
What is the total amount of funding Garagistic has raised to date?
Garagistic has raised a total of $371K in funding to date.
How many funding rounds has Garagistic completed?
Garagistic has completed 2 funding rounds.
How much funding did Garagistic raise in its most recent funding round?
Garagistic raised $259K in its most recent funding round.
Who are the lead investors in Garagistic's latest funding round?
The lead investor in Garagistic's latest funding round was CDC Small Business Finance. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Garagistic's history?
The largest funding round in Garagistic's history was $259K.
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