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

Precision Auto Body has successfully secured a significant capital injection, bringing its cumulative financing to $358K. This latest infusion, totaling $208K, underscores the firm's robust position within the competitive automotive repair landscape. By leveraging strategic debt financing, the company continues to fortify its operational infrastructure and service capabilities, ensuring sustained growth in the Maui market.

What is Precision Auto Body?

Precision Auto Body
Consumer ServicesAutomotive Service & Collision Repair

Established in 1979, Precision Auto Body Inc. operates as a cornerstone of the Wailuku, Hawaii automotive service sector. The firm specializes in high-precision collision frame repair, advanced dent removal, and professional body painting services. With a workforce comprised of I-CAR trained technicians, the company maintains a reputation for technical excellence and rigorous quality control. Their business model is anchored by long-standing relationships with major insurance providers, allowing for streamlined claims processing and efficient vehicle restoration for a diverse range of makes and models. This operational maturity positions the company as a reliable service provider in a high-demand regional market.

How much funding has Precision Auto Body raised?

Precision Auto Body has raised a total of $358K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$208K

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

Debt (2021): $208K led by PPP

Key Investors in Precision Auto Body

PPP

Public-Private Partnership

What's next for Precision Auto Body?

With the recent influx of capital, Precision Auto Body is well-positioned to scale its service capacity and modernize its repair facilities. The strategic allocation of these funds will likely focus on enhancing diagnostic technology and expanding the technical team to meet the evolving complexities of modern vehicle architecture. As the company transitions into this next phase of development, the focus remains on maintaining the high-quality standards that have defined its four-decade tenure, while simultaneously optimizing throughput to capture a larger share of the regional collision repair market.

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Frequently Asked Questions Regarding Precision Auto Body Financial Insights

What are the most recent funding rounds that Precision Auto Body has completed, and what were the funding rounds?
Precision Auto Body has recently completed 2 funding rounds: Debt on Mar 15, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Precision Auto Body has raised to date?
Precision Auto Body has raised a total of $358K in funding to date.
How many funding rounds has Precision Auto Body completed?
Precision Auto Body has completed 2 funding rounds.
How much funding did Precision Auto Body raise in its most recent funding round?
Precision Auto Body raised $208K in its most recent funding round.
Who are the lead investors in Precision Auto Body's latest funding round?
The lead investor in Precision Auto Body'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 Body's history?
The largest funding round in Precision Auto Body's history was $208K.
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