How Much Did McGee Raise?
Funding & Key Investors

McGee Company has secured $1M in total capital, with a recent major strategic investment of $1M. This significant financing underscores the company's established position in the automotive service equipment and supplies distribution sector.

What is McGee?

McGee
RetailHome Improvement & Hardware RetailAutomobile Parts Stores

Founded in 1951 and headquartered in Denver, McGee Company is a family-owned enterprise specializing in the distribution of tire service shop equipment and supplies, alongside lubrication and automotive service equipment. With a robust operational footprint including warehouses in Denver, Dallas, Salt Lake City, and Albuquerque, McGee serves a diverse clientele across the automotive, commercial fleet, and tire retread industries. The company also enhances its market offering through training seminars on critical industry topics and equipment leasing programs, positioning itself as a comprehensive solutions provider.

How much funding has McGee raised?

McGee has raised a total of $1M across 1 funding round:

2020

Debt

$1M

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

What's next for McGee?

The recent major strategic investment signals a new phase of growth and potential expansion for McGee Company. This capital infusion is likely to bolster its distribution network, enhance its product and training offerings, and potentially explore new market segments within the automotive service industry. The company's long-standing history and family-owned structure, combined with this strategic backing, suggest a focus on sustained development and operational excellence.

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Frequently Asked Questions Regarding McGee Financial Insights

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