How Much Did Jeff Smid Auto Raise?
Funding & Key Investors

Jeff Smid Auto has secured $41K in total financing, with a recent capital injection of $41K to fuel its expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's strategic growth trajectory in the automotive parts sector.

The company's latest financing event, dated February 12, 2021, provided substantial expansion capital, signaling a period of accelerated development and market penetration.

What is Jeff Smid Auto?

Jeff Smid Auto
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Jeff Smid Auto specializes in providing high-quality auto parts at competitive prices to customers in Davenport, IA, and the surrounding Quad Cities region. The company maintains an extensive inventory for all makes and models of late-model vehicles, accessible through convenient online search tools. Jeff Smid Auto is committed to ensuring customers receive the correct parts efficiently, backed by a strong emphasis on quality and customer satisfaction. Beyond parts sales, the company also actively purchases vehicles, running or non-running, offering competitive prices for sellers looking to divest.

How much funding has Jeff Smid Auto raised?

Jeff Smid Auto has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

What's next for Jeff Smid Auto?

With the recent infusion of substantial expansion capital, Jeff Smid Auto is poised for significant growth. This strategic investment is expected to bolster inventory management, enhance online search capabilities, and potentially expand its service area or product lines. The company's focus on quality parts, comprehensive warranties, and vehicle acquisition services positions it for continued success in the automotive aftermarket. Future developments will likely center on leveraging this financing to solidify its market position and explore new avenues for revenue generation within the automotive parts and services industry.

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Frequently Asked Questions Regarding Jeff Smid Auto Financial Insights

What are the most recent funding rounds that Jeff Smid Auto has completed, and what were the funding rounds?
Jeff Smid Auto has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Jeff Smid Auto has raised to date?
Jeff Smid Auto has raised a total of $41K in funding to date.
How many funding rounds has Jeff Smid Auto completed?
Jeff Smid Auto has completed 1 funding rounds.
How much funding did Jeff Smid Auto raise in its most recent funding round?
Jeff Smid Auto raised $41K in its most recent funding round.
Who are the lead investors in Jeff Smid Auto's latest funding round?
The lead investor in Jeff Smid Auto'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 Jeff Smid Auto's history?
The largest funding round in Jeff Smid Auto's history was $41K.
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