How Much Did Performance Tire & Auto Service Raise?
Funding & Key Investors

Performance Tire & Auto Service has secured $150K in total capital, with a recent strategic investment of $150K marking a significant milestone for the established auto care provider. This latest financing round underscores the company's robust market position and its ongoing commitment to growth and service expansion within the automotive sector.

The company, a fixture in Burlington since 1989, has consistently delivered a comprehensive suite of automotive services, ranging from tire sales and expert brake repairs to essential routine maintenance. Their operational philosophy centers on providing honest assessments and dependable solutions, ensuring optimal vehicle performance for their clientele.

What is Performance Tire & Auto Service?

Performance Tire & Auto Service
Consumer ServicesAutomotive Service & Collision Repair

Performance Tire & Auto Service operates as a trusted provider of automotive maintenance and repair services. Founded in 1989, the company has cultivated a strong reputation in Burlington for its reliable service, fair pricing, and commitment to customer satisfaction. Their service portfolio includes tire sales, brake system diagnostics and repair, and a full spectrum of preventative maintenance programs. The availability of financing options further enhances their accessibility to a broad customer base, accommodating both planned upkeep and unforeseen repair needs.

How much funding has Performance Tire & Auto Service raised?

Performance Tire & Auto Service has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Performance Tire & Auto Service?

The recent major strategic investment signals a pivotal moment for Performance Tire & Auto Service, indicating a trajectory towards scaling operations and potentially expanding its service footprint or technological capabilities. As a company with a long-standing history and a deep connection to its local community, this capital infusion is likely to fuel initiatives aimed at enhancing customer experience, optimizing operational efficiency, and reinforcing its competitive edge in the automotive aftermarket. The focus on strategic investment suggests a forward-looking approach to sustained growth and market leadership.

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Frequently Asked Questions Regarding Performance Tire & Auto Service Financial Insights

What are the most recent funding rounds that Performance Tire & Auto Service has completed, and what were the funding rounds?
Performance Tire & Auto Service has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Performance Tire & Auto Service has raised to date?
Performance Tire & Auto Service has raised a total of $150K in funding to date.
How many funding rounds has Performance Tire & Auto Service completed?
Performance Tire & Auto Service has completed 1 funding rounds.
How much funding did Performance Tire & Auto Service raise in its most recent funding round?
Performance Tire & Auto Service raised $150K in its most recent funding round.
Who are the lead investors in Performance Tire & Auto Service's latest funding round?
The lead investor in Performance Tire & Auto Service'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 Tire & Auto Service's history?
The largest funding round in Performance Tire & Auto Service's history was $150K.
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