How Much Did Precision Auto & Tire Raise?
Funding & Key Investors

Precision Auto & Tire has secured $30K in total investment, with a recent capital infusion of $30K designated for substantial expansion. This financing round marks a significant stage in the company's growth trajectory, positioning it for further development within the automotive services sector.

The company's latest funding event, occurring on January 30, 2021, was a debt financing round, indicating a strategic approach to capital acquisition. This follows a pattern of financial maneuvers aimed at bolstering its operational capacity and market presence.

What is Precision Auto & Tire?

Precision Auto & Tire
Consumer ServicesAutomotive Service & Collision Repair

Precision Auto & Tire, based in Doylestown, PA, operates as a comprehensive auto repair shop catering to a diverse range of domestic and foreign vehicles. Situated at 1019 N. Easton Road, the facility offers an extensive suite of services, including brake system maintenance, engine diagnostics, tire sales and services, and wheel alignment. The company emphasizes a commitment to transparent customer interactions, providing fair price estimates and delivering high-quality service through its team of knowledgeable and dedicated staff, ensuring a satisfactory experience for all clients requiring automotive care in the Doylestown area.

How much funding has Precision Auto & Tire raised?

Precision Auto & Tire has raised a total of $30K across 1 funding round:

2021

Debt

$30K

Debt (2021): $30K with participation from PPP

What's next for Precision Auto & Tire?

With the recent influx of substantial expansion capital, Precision Auto & Tire is poised for a new phase of growth. This strategic investment is expected to fuel initiatives aimed at enhancing service offerings, potentially expanding operational footprint, and improving customer accessibility. The company's focus on core automotive services, combined with a commitment to customer satisfaction, suggests a strategy centered on deepening its market penetration and solidifying its reputation as a reliable provider of auto repair and maintenance solutions. Future developments will likely focus on leveraging this financing to optimize efficiency and potentially introduce new service lines or technological upgrades.

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Frequently Asked Questions Regarding Precision Auto & Tire Financial Insights

What are the most recent funding rounds that Precision Auto & Tire has completed, and what were the funding rounds?
Precision Auto & Tire has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Precision Auto & Tire has raised to date?
Precision Auto & Tire has raised a total of $30K in funding to date.
How many funding rounds has Precision Auto & Tire completed?
Precision Auto & Tire has completed 1 funding rounds.
How much funding did Precision Auto & Tire raise in its most recent funding round?
Precision Auto & Tire raised $30K in its most recent funding round.
Who are the lead investors in Precision Auto & Tire's latest funding round?
The lead investor in Precision Auto & Tire'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 Precision Auto & Tire's history?
The largest funding round in Precision Auto & Tire's history was $30K.
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