How Much Did Performance Auto Works Raise?
Funding & Key Investors

Performance Auto Works has successfully secured a significant infusion of capital, bringing its total funding to $19K. This latest round, which provided $19K in growth financing, underscores the company's established position within the specialized automotive sector. By leveraging this investment, the firm aims to solidify its operational footprint in Kearneysville, West Virginia, while scaling its high-end technical service offerings for the competitive racing market.

What is Performance Auto Works?

Performance Auto Works
Consumer ServicesAutomotive Service & Collision Repair

Performance Auto Works operates as a premier technical service provider dedicated to the racecar and track car ecosystem. With over fifteen years of professional experience, the company distinguishes itself through a comprehensive, in-house service model that encompasses precision machine shop work, complex engine building, and custom fabrication. Beyond mechanical assembly, the firm serves as a critical hub for performance tuning and safety equipment integration, ensuring that each vehicle meets the rigorous demands of track-day enthusiasts and professional racers alike. Their commitment to high-quality workmanship and safety standards has positioned them as a reliable partner for automotive customization and performance optimization.

How much funding has Performance Auto Works raised?

Performance Auto Works has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in Performance Auto Works

PPP

Public-Private Partnership

What's next for Performance Auto Works?

With the recent injection of $19K, Performance Auto Works is well-positioned to transition into a more aggressive growth phase. The strategic allocation of this capital will likely focus on expanding their in-house fabrication capabilities and enhancing their tuning infrastructure to meet rising demand. As the company navigates its Series A/B growth stage, the focus will remain on operational efficiency and the potential scaling of their specialized service offerings. By maintaining a rigorous standard for engine building and safety compliance, the firm is poised to capture a larger share of the niche automotive performance market, further cementing its reputation as a leader in track-ready vehicle development.

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Frequently Asked Questions Regarding Performance Auto Works Financial Insights

What are the most recent funding rounds that Performance Auto Works has completed, and what were the funding rounds?
Performance Auto Works has recently completed 1 funding rounds: Debt on Feb 20, 2021.
What is the total amount of funding Performance Auto Works has raised to date?
Performance Auto Works has raised a total of $19K in funding to date.
How many funding rounds has Performance Auto Works completed?
Performance Auto Works has completed 1 funding rounds.
How much funding did Performance Auto Works raise in its most recent funding round?
Performance Auto Works raised $19K in its most recent funding round.
Who are the lead investors in Performance Auto Works's latest funding round?
The lead investor in Performance Auto Works'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 Performance Auto Works's history?
The largest funding round in Performance Auto Works's history was $19K.
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