How Much Did Lamon Auto Body Raise?
Funding & Key Investors

Lamon Auto Body has secured $800K in total capital, with its most recent strategic investment amounting to $450K. This significant backing underscores the company's established presence and growth trajectory in the auto repair sector.

The company's funding history, which includes two distinct debt rounds, indicates a strategic approach to financing its operations and expansion.

What is Lamon Auto Body?

Lamon Auto Body
Consumer ServicesAutomotive Service & Collision Repair

Lamon Auto Body, operating as VIVE Collision, is a prominent auto body repair shop situated in Mt Holly, New Jersey, serving the broader Burlington County region. The enterprise specializes in comprehensive collision repair, offering a suite of services designed to simplify the post-accident process for customers. These services include complimentary estimates, dedicated assistance with insurance claims, and a lifetime warranty on all repair work, reinforcing their commitment to quality and customer trust.

The company prides itself on a professional team, including I-CAR Gold Class technicians, who are adept at delivering high-caliber, customer-centric solutions for both extensive accident damage and minor cosmetic repairs. Lamon Auto Body's core mission revolves around providing a dependable and trustworthy repair experience, with an unwavering focus on ensuring customer safety and ultimate satisfaction.

How much funding has Lamon Auto Body raised?

Lamon Auto Body has raised a total of $800K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$450K

Debt (2020): $350K with participation from PPP

Debt (2021): $450K led by PPP

Key Investors in Lamon Auto Body

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Lamon Auto Body?

The recent major strategic investment in Lamon Auto Body signals a pivotal moment for the company, likely enabling further expansion of its service capabilities, technological upgrades, or geographic reach. As an established entity in the auto repair market, this capital infusion is expected to fortify its competitive position and enhance its operational efficiency.

Future endeavors may involve scaling its VIVE Collision brand, potentially through new locations or strategic partnerships, to capture a larger market share. The company's focus on customer satisfaction and quality repairs, coupled with its experienced technical team, positions it for sustained growth and continued success in the automotive aftermarket industry.

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Frequently Asked Questions Regarding Lamon Auto Body Financial Insights

What are the most recent funding rounds that Lamon Auto Body has completed, and what were the funding rounds?
Lamon Auto Body has recently completed 2 funding rounds: Debt on Jan 17, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Lamon Auto Body has raised to date?
Lamon Auto Body has raised a total of $800K in funding to date.
How many funding rounds has Lamon Auto Body completed?
Lamon Auto Body has completed 2 funding rounds.
How much funding did Lamon Auto Body raise in its most recent funding round?
Lamon Auto Body raised $450K in its most recent funding round.
Who are the lead investors in Lamon Auto Body's latest funding round?
The lead investor in Lamon Auto Body'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 Lamon Auto Body's history?
The largest funding round in Lamon Auto Body's history was $450K.
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