How Much Did Patrick Auto Group Raise?
Funding & Key Investors

Patrick Auto Group has secured $57K in total financing, with a recent infusion of $57K designated for substantial expansion capital. This latest investment underscores the company's strategic growth phase, positioning it for significant advancements in its market operations.

What is Patrick Auto Group?

Patrick Auto Group
RetailAutomobile Dealers

Patrick Auto Group operates as a prominent car dealership based in Knox, Indiana. The company distinguishes itself through a specialized Buy Here/Pay Here financing model, characterized by low down payment requirements. Its extensive inventory encompasses a wide array of vehicles, including cars, trucks, and SUVs, designed to meet the needs of a diverse customer base seeking an efficient and straightforward car acquisition process. Patrick Auto Group is dedicated to ensuring customer satisfaction and maximizing the value of trade-in vehicles, aiming to deliver an enjoyable and uncomplicated purchasing experience.

How much funding has Patrick Auto Group raised?

Patrick Auto Group has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for Patrick Auto Group?

With the recent influx of substantial expansion capital, Patrick Auto Group is poised for a new phase of growth. This strategic financing is expected to fuel initiatives aimed at enhancing its dealership operations, potentially expanding its inventory, and further optimizing its Buy Here/Pay Here financing model. The company's focus on customer satisfaction and streamlined purchasing processes, combined with this new investment, suggests a trajectory towards increased market penetration and service offerings within the automotive retail sector.

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Frequently Asked Questions Regarding Patrick Auto Group Financial Insights

What are the most recent funding rounds that Patrick Auto Group has completed, and what were the funding rounds?
Patrick Auto Group has recently completed 1 funding rounds: Debt on Mar 17, 2021.
What is the total amount of funding Patrick Auto Group has raised to date?
Patrick Auto Group has raised a total of $57K in funding to date.
How many funding rounds has Patrick Auto Group completed?
Patrick Auto Group has completed 1 funding rounds.
How much funding did Patrick Auto Group raise in its most recent funding round?
Patrick Auto Group raised $57K in its most recent funding round.
Who are the lead investors in Patrick Auto Group's latest funding round?
The lead investor in Patrick Auto Group'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 Patrick Auto Group's history?
The largest funding round in Patrick Auto Group's history was $57K.
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