How Much Did Newest Raise?
Funding & Key Investors

Oldest To Newest Autobody has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. The firm, which has established a robust presence in the Rockville, MD and Greater Washington DC automotive sector, has now reached a total funding valuation of $150K. This recent capital injection of $150K underscores the market confidence in the company's specialized repair capabilities and its long-term potential for regional expansion.

What is Newest?

Newest
Consumer ServicesAutomotive Service & Collision Repair

Founded in 1983, Oldest To Newest Autobody operates as a comprehensive automotive repair facility. The company distinguishes itself through a diverse service portfolio that encompasses collision repair, full-service painting, and cosmetic restoration for both everyday passenger vehicles and commercial box trucks. By maintaining a commitment to high-quality workmanship and efficient turnaround times, the firm has solidified its reputation as a reliable partner for insurance-backed repairs. Its market position is further bolstered by a consistent track record of customer satisfaction and a deep understanding of the logistical demands inherent in commercial fleet maintenance.

How much funding has Newest raised?

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

2020

Debt

$150K

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

Key Investors in Newest

PPP

Public-Private Partnership

What's next for Newest?

With the infusion of this latest financing, Oldest To Newest Autobody is well-positioned to scale its service infrastructure and enhance its technological capabilities. The strategic allocation of these funds will likely focus on optimizing repair workflows and expanding capacity to meet the growing demand for commercial vehicle maintenance in the Greater Washington DC area. As the company transitions into this next phase of growth, the focus remains on leveraging its decades of industry expertise to capture a larger share of the regional automotive repair market while maintaining the service standards that have defined its brand for over forty years.

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Frequently Asked Questions Regarding Newest Financial Insights

What are the most recent funding rounds that Newest has completed, and what were the funding rounds?
Newest has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Newest has raised to date?
Newest has raised a total of $150K in funding to date.
How many funding rounds has Newest completed?
Newest has completed 1 funding rounds.
How much funding did Newest raise in its most recent funding round?
Newest raised $150K in its most recent funding round.
Who are the lead investors in Newest's latest funding round?
The lead investor in Newest'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 Newest's history?
The largest funding round in Newest's history was $150K.
See more information about Newest