How Much Did Ocean Auto Tech Raise?
Funding & Key Investors

Ocean Auto Tech has secured $29K in total funding, with a recent capital infusion of $29K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage, underscores the company's strategic growth trajectory in the automotive services sector. The latest investment follows a prior debt financing round of $29M on March 24, 2021, highlighting a diversified approach to capital acquisition.

What is Ocean Auto Tech?

Ocean Auto Tech
Consumer ServicesAutomotive Service & Collision Repair

Ocean Auto Tech, established in 1886 and operating for over 29 years, is a comprehensive automotive service provider. The company specializes in a wide array of services including auto repairs, air conditioning and heating systems, advanced auto diagnostics, and vehicle inspections. Positioned as a reliable provider of auto maintenance solutions, Ocean Auto Tech aims to deliver quality services at affordable rates, catering to a broad customer base seeking dependable vehicle care.

How much funding has Ocean Auto Tech raised?

Ocean Auto Tech has raised a total of $29K across 1 funding round:

2021

Debt

$29K

Debt (2021): $29K with participation from PPP

What's next for Ocean Auto Tech?

With the recent influx of substantial expansion capital, Ocean Auto Tech is poised for significant growth and operational scaling. This strategic investment will likely fuel initiatives such as expanding service center capacity, enhancing diagnostic technologies, and potentially broadening its geographic reach. The company's established history and focus on core automotive services, combined with this new backing, suggest a strong outlook for continued development and market penetration in the competitive auto repair industry.

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Frequently Asked Questions Regarding Ocean Auto Tech Financial Insights

What are the most recent funding rounds that Ocean Auto Tech has completed, and what were the funding rounds?
Ocean Auto Tech has recently completed 1 funding rounds: Debt on Mar 24, 2021.
What is the total amount of funding Ocean Auto Tech has raised to date?
Ocean Auto Tech has raised a total of $29K in funding to date.
How many funding rounds has Ocean Auto Tech completed?
Ocean Auto Tech has completed 1 funding rounds.
How much funding did Ocean Auto Tech raise in its most recent funding round?
Ocean Auto Tech raised $29K in its most recent funding round.
Who are the lead investors in Ocean Auto Tech's latest funding round?
The lead investor in Ocean Auto Tech'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 Ocean Auto Tech's history?
The largest funding round in Ocean Auto Tech's history was $29K.
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