How Much Did Plus Transmission Raise?
Funding & Key Investors

Plus Transmission, a long-standing specialist in automatic transmission repair since 1971, has recently secured a major strategic investment, contributing to its $326K in total capital raised. This latest round, which occurred on January 23, 2021, brought in $176K, underscoring the company's continued growth and market position in the automotive service sector. The company's funding trajectory indicates a focus on operational scaling and strategic expansion within its niche.

What is Plus Transmission?

Plus Transmission
Consumer ServicesAutomotive Service & Collision Repair

Established in 1971, Plus Transmission has built a robust reputation as the go-to expert for automatic transmission repair and services in Brighton, MI. The company prides itself on employing certified technicians equipped with specialized diagnostic tools to accurately assess transmission issues. Whether a minor adjustment or a complete internal repair is required, Plus Transmission offers comprehensive solutions designed to provide the best value and service to its clientele, solidifying its status as a trusted automotive service provider.

How much funding has Plus Transmission raised?

Plus Transmission has raised a total of $326K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$176K

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

Debt (2021): $176K led by PPP

What's next for Plus Transmission?

With its recent strategic investment and substantial total capital, Plus Transmission is poised for further development and enhancement of its service offerings. The company's late-stage funding context suggests a strategic focus on expanding its operational capacity, potentially through technological upgrades, service diversification, or broader market penetration. This capital infusion will likely enable Plus Transmission to reinforce its competitive advantage and continue its legacy of providing high-quality automatic transmission repair services.

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Frequently Asked Questions Regarding Plus Transmission Financial Insights

What are the most recent funding rounds that Plus Transmission has completed, and what were the funding rounds?
Plus Transmission has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on May 3, 2020.
What is the total amount of funding Plus Transmission has raised to date?
Plus Transmission has raised a total of $326K in funding to date.
How many funding rounds has Plus Transmission completed?
Plus Transmission has completed 2 funding rounds.
How much funding did Plus Transmission raise in its most recent funding round?
Plus Transmission raised $176K in its most recent funding round.
Who are the lead investors in Plus Transmission's latest funding round?
The lead investor in Plus Transmission'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 Plus Transmission's history?
The largest funding round in Plus Transmission's history was $176K.
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