How Much Did Phil's Body Works Raise?
Funding & Key Investors

Phil's Body Works has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. This latest capital injection, totaling $350K, underscores the firm's robust market position within the competitive automotive repair sector. With a cumulative financial backing of $350K, the company is well-positioned to leverage these resources to enhance its service infrastructure and expand its footprint in the New York metropolitan area.

What is Phil's Body Works?

Phil's Body Works
Consumer ServicesAutomotive Service & Collision Repair

Based in Hewlett, New York, Phil's Body Works operates as a specialized provider of collision repair, auto detailing, and 24-hour towing services. Under the leadership of Dominick and Richie Valenti, the firm has cultivated a reputation for technical precision and customer-centric service over four decades. By integrating advanced diagnostic technology with traditional craftsmanship, the company serves a diverse clientele ranging from individual vehicle owners to commercial fleet operators. Their ability to navigate complex insurance claims processes further solidifies their role as a reliable partner in the regional automotive maintenance ecosystem.

How much funding has Phil's Body Works raised?

Phil's Body Works has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Phil's Body Works

PPP

Public-Private Partnership

What's next for Phil's Body Works?

The infusion of capital signals a transition toward scaling operations and potentially modernizing facility capabilities to meet increasing demand. As the company moves into this next phase of growth, the focus will likely shift toward optimizing service throughput and expanding commercial contract acquisitions. By utilizing this financing to upgrade equipment and potentially broaden their service offerings, Phil's Body Works is poised to strengthen its competitive advantage. The strategic deployment of these funds will be critical in maintaining the high standards of quality that have defined the brand for over 45 years, ensuring long-term sustainability in an evolving automotive landscape.

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Frequently Asked Questions Regarding Phil's Body Works Financial Insights

What are the most recent funding rounds that Phil's Body Works has completed, and what were the funding rounds?
Phil's Body Works has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Phil's Body Works has raised to date?
Phil's Body Works has raised a total of $350K in funding to date.
How many funding rounds has Phil's Body Works completed?
Phil's Body Works has completed 1 funding rounds.
How much funding did Phil's Body Works raise in its most recent funding round?
Phil's Body Works raised $350K in its most recent funding round.
Who are the lead investors in Phil's Body Works's latest funding round?
The lead investor in Phil's Body 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 Phil's Body Works's history?
The largest funding round in Phil's Body Works's history was $350K.
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