How Much Did Kleen-Rite Raise?
Funding & Key Investors

Kleen-Rite has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in its sector.

What is Kleen-Rite?

Kleen-Rite
RetailHome Improvement & Hardware RetailCleaning Products

Kleen-Rite operates as a comprehensive wholesale distributor specializing in car wash equipment, replacement parts, and essential supplies. The company offers a wide array of products from leading brands such as Armor All, Little Trees, Cat Pumps, and Flojet Pumps, alongside professional-grade detailing waxes, polishes, and buffers from manufacturers like Simoniz and Meguiar's. With over five decades of experience managing its own car wash facilities, Kleen-Rite possesses deep insights into customer needs, positioning itself as a one-stop shop for operators of self-serve, automatic, and conveyor tunnel car washes. The company consistently updates its inventory with new commercial car wash supplies and also caters to the professional auto detailing, pressure wash, and laundromat equipment markets.

How much funding has Kleen-Rite raised?

Kleen-Rite has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Kleen-Rite

PPP

Public-Private Partnership

What's next for Kleen-Rite?

The recent major strategic investment signals a pivotal moment for Kleen-Rite, likely indicating a phase of accelerated scaling and market expansion. This capital infusion is expected to bolster operational capabilities, enhance product offerings, and potentially explore new distribution channels or technological advancements within the car wash and auto detailing industries. The company's long-standing expertise and commitment to providing essential supplies position it for continued success and leadership in its niche.

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Frequently Asked Questions Regarding Kleen-Rite Financial Insights

What are the most recent funding rounds that Kleen-Rite has completed, and what were the funding rounds?
Kleen-Rite has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Kleen-Rite has raised to date?
Kleen-Rite has raised a total of $1M in funding to date.
How many funding rounds has Kleen-Rite completed?
Kleen-Rite has completed 1 funding rounds.
How much funding did Kleen-Rite raise in its most recent funding round?
Kleen-Rite raised $1M in its most recent funding round.
Who are the lead investors in Kleen-Rite's latest funding round?
The lead investor in Kleen-Rite'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 Kleen-Rite's history?
The largest funding round in Kleen-Rite's history was $1M.
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