How Much Did Go Auto Electric Raise?
Funding & Key Investors

Go Auto Electric has secured $58K in total funding, with its most recent financing round bringing in $58K. This substantial expansion capital indicates a significant Series B/C stage for the company, positioning it for accelerated growth in the electric vehicle market.

The company's funding history, though not fully detailed here, suggests a strategic approach to capital acquisition to fuel its operational expansion and market penetration efforts.

What is Go Auto Electric?

Go Auto Electric
RetailAutomobile DealersAutomobile Parts Stores

Go Auto Electric, operating under the GEM of Miami brand, stands as the largest stocking GEM dealer in the Southeast. The company specializes in electric cars and street-legal golf carts, offering a diverse range of models including the e2, e4, and e6. Their business model emphasizes exceptional customer satisfaction, supported by a knowledgeable staff and an extensive inventory of both new and pre-owned vehicles. Furthermore, Go Auto Electric provides essential maintenance services and OEM parts, aiming to deliver a comprehensive ownership experience for clients seeking quality electric vehicles for personal and professional applications.

How much funding has Go Auto Electric raised?

Go Auto Electric has raised a total of $58K across 1 funding round:

2021

Debt

$58K

Debt (2021): $58K with participation from PPP

Key Investors in Go Auto Electric

PPP

Public-Private Partnership

What's next for Go Auto Electric?

With the recent influx of substantial expansion capital, Go Auto Electric is poised for significant scaling. The company's strategic focus will likely involve expanding its dealership network, enhancing its inventory to meet growing demand for electric mobility solutions, and potentially investing in technological advancements for its vehicle offerings. The Series B/C stage funding suggests a transition from development to aggressive market capture, aiming to solidify its position as a leader in the electric vehicle and street-legal golf cart sector within the Southeast region and beyond.

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Frequently Asked Questions Regarding Go Auto Electric Financial Insights

What are the most recent funding rounds that Go Auto Electric has completed, and what were the funding rounds?
Go Auto Electric has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Go Auto Electric has raised to date?
Go Auto Electric has raised a total of $58K in funding to date.
How many funding rounds has Go Auto Electric completed?
Go Auto Electric has completed 1 funding rounds.
How much funding did Go Auto Electric raise in its most recent funding round?
Go Auto Electric raised $58K in its most recent funding round.
Who are the lead investors in Go Auto Electric's latest funding round?
The lead investor in Go Auto Electric'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 Go Auto Electric's history?
The largest funding round in Go Auto Electric's history was $58K.
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