How Much Did New Solutions Raise?
Funding & Key Investors

New Solutions has secured $72K in total financing, with a recent capital injection of $72K to fuel substantial expansion. This latest round positions the company at a significant Series B/C stage, indicating a strong growth trajectory in the aftermarket mobility parts sector.

The company's financial activities highlight a strategic approach to scaling its operations and market reach.

What is New Solutions?

New Solutions
ManufacturingMedical Devices & EquipmentAutomotive Parts

New Solutions NA is a specialized provider of aftermarket parts for wheelchairs, scooters, and beds, boasting over three decades of experience in the mobility parts industry. The company offers an extensive catalog of components, including electronics, wheels, upholstery, and bearings, all designed for universal compatibility. Their business model emphasizes rapid national and international shipping, competitive low pricing, and no minimum order requirements, aiming to streamline the procurement process for their clientele. This commitment to quality and service ensures customers receive OEM-grade parts and exceptional support.

How much funding has New Solutions raised?

New Solutions has raised a total of $72K across 1 funding round:

2021

Debt

$72K

Debt (2021): $72K with participation from PPP

Key Investors in New Solutions

PPP

Public-Private Partnership

What's next for New Solutions?

With the recent influx of expansion capital, New Solutions is poised for significant growth. The substantial funding suggests a strategic initiative to enhance product lines, broaden distribution networks, and potentially invest in technological advancements to further optimize the customer ordering experience. The company's established market presence and focus on efficient service delivery provide a solid foundation for leveraging this investment to capture a larger share of the aftermarket mobility parts market.

See full New Solutions company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingMedical Devices & Equipment
Industrial Machinery & EquipmentManufacturingAutomotive Parts
Industrial Machinery & EquipmentManufacturing
Food & BeverageManufacturingHospitalityRestaurant Reservations

Frequently Asked Questions Regarding New Solutions Financial Insights

What are the most recent funding rounds that New Solutions has completed, and what were the funding rounds?
New Solutions has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding New Solutions has raised to date?
New Solutions has raised a total of $72K in funding to date.
How many funding rounds has New Solutions completed?
New Solutions has completed 1 funding rounds.
How much funding did New Solutions raise in its most recent funding round?
New Solutions raised $72K in its most recent funding round.
Who are the lead investors in New Solutions's latest funding round?
The lead investor in New Solutions'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 New Solutions's history?
The largest funding round in New Solutions's history was $72K.
See more information about New Solutions