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How Much Did Patterson Tire Raise?
Funding & Key Investors

Patterson Tire has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established presence and potential for continued expansion in the automotive services sector.

What is Patterson Tire?

Patterson Tire
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Patterson Tire, a family-owned enterprise founded in 1978 and based in Granite City, IL, operates as a comprehensive auto repair and tire shop. The company caters to retail, wholesale, and commercial clients, offering a broad spectrum of tire brands and expert auto repair services designed to optimize vehicle performance. Their commitment to delivering exceptional service and a positive customer experience has solidified their reputation within Granite City and surrounding regions.

How much funding has Patterson Tire raised?

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

2020

Debt

$150K

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

What's next for Patterson Tire?

The substantial capital infusion, particularly the recent strategic investment, positions Patterson Tire for significant growth and operational enhancement. This late-stage funding is likely to facilitate market expansion, technological upgrades in repair services, or an increase in inventory for their diverse tire offerings. The company's trajectory suggests a focus on leveraging this financial backing to further strengthen its market position and service capabilities.

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Frequently Asked Questions Regarding Patterson Tire Financial Insights

What are the most recent funding rounds that Patterson Tire has completed, and what were the funding rounds?
Patterson Tire has recently completed 1 funding rounds: Debt on Apr 8, 2020. What is the total amount of funding Patterson Tire has raised to date?
Patterson Tire has raised a total of $150K in funding to date. How many funding rounds has Patterson Tire completed?
Patterson Tire has completed 1 funding rounds. How much funding did Patterson Tire raise in its most recent funding round?
Patterson Tire raised $150K in its most recent funding round. Who are the lead investors in Patterson Tire's latest funding round?
The lead investor in Patterson Tire'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 Patterson Tire's history?
The largest funding round in Patterson Tire's history was $150K.
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