How Much Did King Suzuki Raise?
Funding & Key Investors

King Suzuki has secured $31K in total capital, with a recent infusion of $31K designated as substantial expansion capital. This significant funding round, indicative of a Series B/C stage, positions the company for accelerated growth within the automotive retail sector.

The company's latest financial activity was recorded on February 19, 2021, with a debt financing of $31M.

What is King Suzuki?

King Suzuki
RetailAutomobile DealersAutomobile Parts Stores

King Suzuki operates as a prominent automotive dealership, offering a diverse selection of pre-owned cars, trucks, vans, and SUVs to the regions surrounding Statesville, Charlotte, and Asheville. Beyond vehicle sales, the company also serves as an official Suzuki parts distributor, maintaining parts and service availability for the brand. This dual focus on used vehicle sales and specialized parts distribution provides a unique market position.

How much funding has King Suzuki raised?

King Suzuki has raised a total of $31K across 1 funding round:

2021

Debt

$31K

Debt (2021): $31K with participation from PPP

What's next for King Suzuki?

With the recent substantial expansion capital, King Suzuki is poised to enhance its operational capabilities and market reach. The strategic investment, characteristic of a Series B/C funding stage, suggests a focus on scaling operations, potentially through inventory expansion, technological integration for sales and service, or broader marketing initiatives. The company's established presence and dual revenue streams in pre-owned vehicles and Suzuki parts provide a solid foundation for leveraging this new financing to drive future growth and solidify its competitive standing in the automotive market.

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Frequently Asked Questions Regarding King Suzuki Financial Insights

What are the most recent funding rounds that King Suzuki has completed, and what were the funding rounds?
King Suzuki has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding King Suzuki has raised to date?
King Suzuki has raised a total of $31K in funding to date.
How many funding rounds has King Suzuki completed?
King Suzuki has completed 1 funding rounds.
How much funding did King Suzuki raise in its most recent funding round?
King Suzuki raised $31K in its most recent funding round.
Who are the lead investors in King Suzuki's latest funding round?
The lead investor in King Suzuki'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 King Suzuki's history?
The largest funding round in King Suzuki's history was $31K.
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