What is MiCorp?
MiCorp Custom Auto & Truck is a specialized provider of custom vehicle accessory installations, catering to new and used car dealerships across New England. The company's comprehensive product catalog includes advanced audio-video systems, GPS and stolen vehicle recovery solutions, collision avoidance technology, and premium custom leather seating. Leveraging a workforce of over ninety skilled employees and a fleet of mobile technicians, MiCorp is dedicated to delivering superior service and customer satisfaction through high-caliber products and professional installation expertise. Their commitment to quality and convenience positions them as a valuable 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
What's next for MiCorp?
The recent major strategic investment signifies a pivotal moment for MiCorp, likely enabling the company to accelerate its expansion initiatives, enhance its technological capabilities, and broaden its market reach. This capital infusion is expected to fuel further development of its custom accessory solutions and potentially support the scaling of its operational infrastructure to meet growing demand from dealerships. MiCorp's focus on quality and innovation, coupled with this significant financial backing, positions it for sustained growth and market leadership in the automotive customization sector.
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