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

Kleen-Rite has solidified its market position through a major strategic investment, bringing its total capital accumulation to $1M. This recent infusion of $1M underscores the company's commitment to scaling its wholesale distribution infrastructure within the competitive car wash and professional detailing equipment sector. By leveraging this financial backing, the organization aims to fortify its supply chain capabilities and expand its reach across self-serve, automatic, and conveyor tunnel car wash operations.

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 high-performance detailing supplies. With a legacy spanning over five decades, the company serves as a critical link in the automotive maintenance supply chain, offering an extensive inventory that includes industry-standard brands such as Armor All, Little Trees, and Cat Pumps. Their business model is uniquely informed by direct operational experience, having managed their own car wash facilities for over 50 years. This practitioner-led approach allows Kleen-Rite to curate a product catalog that addresses the specific, evolving needs of professional operators, ranging from pressure wash equipment to specialized laundry supplies for laundromat facilities.

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?

With the recent capital injection, Kleen-Rite is positioned to accelerate its digital transformation and logistics optimization. The strategic focus will likely center on enhancing inventory turnover rates and expanding the distribution of professional-grade detailing chemicals and buffers. As the car wash industry shifts toward more automated and high-efficiency systems, Kleen-Rite's ability to provide consistent, high-quality replacement parts and supplies will be a key driver of its long-term growth. The company is expected to leverage this financing to deepen its market penetration, ensuring that it remains the primary procurement partner for both independent operators and large-scale commercial tunnel facilities across the country.

See full Kleen-Rite company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Department Stores, Shopping Centers & SuperstoresRetailHousehold GoodsManufacturingFurniture
Apparel & Accessories RetailRetail
RetailVitamins, Supplements & Health StoresDrug Stores & PharmaciesManufacturingPharmaceuticals
Automobile Parts StoresRetailAutomotive Service & Collision RepairConsumer Services

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.
See more information about Kleen-Rite