What is MiCorp?
MiCorp Custom Auto & Truck is a specialized provider of custom vehicle accessory installations, primarily serving new and used car dealerships across New England. The company's comprehensive product offerings include advanced audio-video systems, GPS and vehicle tracking solutions, collision avoidance technology, and premium custom leather seating. With a robust team of over ninety skilled technicians, including mobile service units, MiCorp is dedicated to delivering high-quality installations and ensuring customer satisfaction through superior products and professional execution. Their focus on quality and convenience makes them a key partner for dealerships aiming to enhance their vehicle offerings.
How much funding has MiCorp raised?
MiCorp has raised a total of $955K across 2 funding rounds:
Debt
$350K
Debt
$605K
Debt (2020): $350K with participation from PPP
Debt (2021): $605K led by PPP
Key Investors in MiCorp
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for MiCorp?
The substantial enterprise-level funding MiCorp has attracted, highlighted by its recent strategic investment, indicates a strong growth phase. This capital infusion is likely to fuel further operational scaling, potentially expanding its service reach beyond New England, enhancing its technological capabilities, and increasing its workforce. The company's established relationships with dealerships and its commitment to high-quality installations provide a solid foundation for leveraging this new financing to solidify its market position and explore new avenues for growth within the automotive aftermarket sector.
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