How Much Did Online Auto Raise?
Funding & Key Investors

Online Auto has secured $63K in total capital, with a recent infusion of $63K designated as substantial expansion capital. This latest round signifies a significant stage in the company's growth, aligning with a Series B/C funding context, underscoring its trajectory in the commercial vehicle market.

What is Online Auto?

Online Auto
RetailAutomobile Dealers

Online Auto operates as a commercial truck dealership based in Swartz Creek, Michigan, boasting over 25 years of experience. The company specializes in providing a diverse selection of high-quality commercial vehicles, including cargo vans, box trucks, cube trucks, cutaways, utility trucks, passenger vans, and accessibility vans. Their comprehensive offerings cater to a wide array of business requirements, further supported by accessible delivery and financing options. Online Auto is positioned to serve businesses seeking dependable work trucks and commercial vehicle solutions.

How much funding has Online Auto raised?

Online Auto has raised a total of $63K across 1 funding round:

2021

Debt

$63K

Debt (2021): $63K with participation from PPP

Key Investors in Online Auto

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participating in the funding round, contributing to the company's expansion capital.

Undisclosed Investor

An undisclosed investor participating in the funding round, contributing to the company's expansion capital.

What's next for Online Auto?

With the recent substantial expansion capital, Online Auto is poised for significant growth and operational scaling. This strategic investment, occurring at a Series B/C stage, suggests a focus on enhancing inventory, expanding market reach, and potentially developing new service offerings. The company's established presence and commitment to client accessibility through financing and delivery indicate a strong foundation for leveraging this new backing to solidify its position as a leading commercial truck dealership.

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Frequently Asked Questions Regarding Online Auto Financial Insights

What are the most recent funding rounds that Online Auto has completed, and what were the funding rounds?
Online Auto has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Online Auto has raised to date?
Online Auto has raised a total of $63K in funding to date.
How many funding rounds has Online Auto completed?
Online Auto has completed 1 funding rounds.
How much funding did Online Auto raise in its most recent funding round?
Online Auto raised $63K in its most recent funding round.
Who are the lead investors in Online Auto's latest funding round?
The lead investor in Online Auto'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 Online Auto's history?
The largest funding round in Online Auto's history was $63K.
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