How Much Did Performance Peterbilt Raise?
Funding & Key Investors

Performance Peterbilt has secured $507K in total capital, with its most recent financing round bringing in $357K. This major strategic investment underscores the company's significant traction in the heavy-duty truck sales and services sector. The enterprise-level funding indicates a robust growth trajectory and confidence from financial backers in Performance Peterbilt's market position and future potential.

What is Performance Peterbilt?

Performance Peterbilt
Consumer ServicesCar & Truck RentalAutomobile Dealers

The Larson Group, operating as Performance Peterbilt, is a prominent entity in the sale of new and used Peterbilt trucks. Their extensive offerings include a diverse range of truck models such as day cab, refuse, and sleeper configurations. Beyond sales, the company provides comprehensive full-service leasing and rental solutions, complemented by robust service and parts availability designed to ensure continuous fleet operation. Performance Peterbilt targets trucking industry professionals, emphasizing strong customer relationships and superior service, further supported by in-house financing. With a substantial footprint of 34 locations across 11 states, the company is strategically positioned to serve clients in the Midwest and Southeast regions, reinforcing its commitment to operational excellence and client support.

How much funding has Performance Peterbilt raised?

Performance Peterbilt has raised a total of $507K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$357K

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

Debt (2021): $357K led by PPP

Key Investors in Performance Peterbilt

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Performance Peterbilt?

The recent major strategic investment signals a pivotal moment for Performance Peterbilt, likely enabling significant expansion of its service network, fleet offerings, or technological integration. This capital infusion is expected to fuel further growth, potentially through acquisitions, enhanced customer service capabilities, or broader market penetration within the Midwest and Southeast. The company's focus on operational efficiency and customer relationships, combined with this substantial financial backing, positions it for continued leadership in the commercial vehicle market.

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Frequently Asked Questions Regarding Performance Peterbilt Financial Insights

What are the most recent funding rounds that Performance Peterbilt has completed, and what were the funding rounds?
Performance Peterbilt has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Performance Peterbilt has raised to date?
Performance Peterbilt has raised a total of $507K in funding to date.
How many funding rounds has Performance Peterbilt completed?
Performance Peterbilt has completed 2 funding rounds.
How much funding did Performance Peterbilt raise in its most recent funding round?
Performance Peterbilt raised $357K in its most recent funding round.
Who are the lead investors in Performance Peterbilt's latest funding round?
The lead investor in Performance Peterbilt'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 Peterbilt's history?
The largest funding round in Performance Peterbilt's history was $357K.
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