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

Kleen-Rite has secured $1M in total capital, with a recent strategic investment of $1M. This significant financing underscores the company's established position in the car wash equipment and supplies distribution sector and signals a new phase of growth and operational enhancement.

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, and Cat Pumps, catering to various car wash operations including self-serve, automatic, and conveyor tunnels. With over five decades of direct experience in operating its own wash facilities, Kleen-Rite possesses deep insights into customer needs, continually expanding its commercial car wash supply inventory. Beyond car wash specific items, the company also provides professional auto detailing supplies, pressure wash industry equipment, and laundromat equipment and laundry supplies, positioning itself as a versatile supplier in related industries.

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 in Kleen-Rite, indicated by the $1M funding, suggests a strategic push towards expanding market reach, enhancing product lines, or potentially integrating new technologies within its distribution network. This enterprise-level capital infusion is likely to fuel initiatives aimed at solidifying its leadership in the wholesale car wash supply market and exploring adjacent opportunities in auto detailing and laundry services. Kleen-Rite's long-standing operational expertise, combined with this new financial backing, positions it for continued expansion and service innovation.

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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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