How Much Did MobileTech Raise?
Funding & Key Investors

MobileTech has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. This latest capital injection brings the firm's total funding to $150K, with the most recent round contributing $150K to its balance sheet. This influx of liquidity underscores investor confidence in the company's operational model and its capacity to scale within the competitive automotive maintenance sector.

What is MobileTech?

MobileTech
Consumer ServicesAutomotive Service & Collision Repair

Based in Wilmington, North Carolina, MobileTech operates as a sophisticated provider of automotive repair and maintenance services. The company distinguishes itself by offering dealer-level technical expertise for both foreign and domestic vehicles, underpinned by a team of ASE-certified technicians. Beyond traditional mechanical repairs, MobileTech has strategically positioned itself at the forefront of the energy transition by specializing in hybrid and electric vehicle maintenance. Their service portfolio includes advanced drive-assist systems calibration and EV charging infrastructure, effectively bridging the gap between legacy automotive care and the requirements of modern, software-defined transportation.

How much funding has MobileTech raised?

MobileTech has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in MobileTech

PPP

Public-Private Partnership

What's next for MobileTech?

With this late-stage financing, MobileTech is well-positioned to accelerate its market expansion and deepen its technical capabilities. The strategic allocation of these funds will likely focus on scaling their specialized EV service centers and enhancing their diagnostic software suites. As the automotive landscape shifts toward electrification, MobileTech's ability to provide high-quality, cost-effective maintenance for complex vehicle systems provides a distinct competitive advantage. Future growth will likely involve expanding their footprint in the Wilmington region and potentially integrating more advanced fleet management solutions to capture institutional demand.

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Frequently Asked Questions Regarding MobileTech Financial Insights

What are the most recent funding rounds that MobileTech has completed, and what were the funding rounds?
MobileTech has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding MobileTech has raised to date?
MobileTech has raised a total of $150K in funding to date.
How many funding rounds has MobileTech completed?
MobileTech has completed 1 funding rounds.
How much funding did MobileTech raise in its most recent funding round?
MobileTech raised $150K in its most recent funding round.
Who are the lead investors in MobileTech's latest funding round?
The lead investor in MobileTech'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 MobileTech's history?
The largest funding round in MobileTech's history was $150K.
See more information about MobileTech