How Much Did Precision Collision Raise?
Funding & Key Investors

Precision Collision has secured $23K in recent financing, contributing to a total funding amount of $23K. This capital infusion marks a significant stage for the company, likely aligning with Series B or C funding rounds, indicating a phase of substantial expansion and operational scaling. The recent investment underscores investor confidence in Precision Collision's business model and its strategic market positioning.

What is Precision Collision?

Precision Collision
Consumer ServicesAutomotive Service & Collision Repair

Precision Collision, established in 2006, operates as a non-Direct Repair Program (DRP) collision center, emphasizing its commitment to prioritizing customer interests over those of insurance companies. Located in Summerville, SC, the company leverages over 30 years of combined experience in auto painting and collision repair. Their core value proposition centers on delivering high-quality auto body services coupled with exceptional customer service, differentiating themselves from DRP-affiliated shops that may have conflicting loyalties. Precision Collision actively educates consumers about their choices, advocating for transparency in the auto repair industry and maintaining an A+ rating with the Better Business Bureau.

How much funding has Precision Collision raised?

Precision Collision has raised a total of $23K across 1 funding round:

2021

Debt

$23K

Debt (2021): $23K with participation from PPP

Key Investors in Precision Collision

PPP

Public-Private Partnership

What's next for Precision Collision?

With the recent substantial expansion capital, Precision Collision is poised for significant growth and operational enhancement. This funding is expected to fuel strategic initiatives aimed at expanding service capacity, potentially increasing market reach within Summerville and surrounding areas, and further solidifying their non-DRP advantage. The company's focus on customer advocacy and quality repair services, combined with this new investment, positions them for continued success and a stronger competitive stance in the automotive repair sector.

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Frequently Asked Questions Regarding Precision Collision Financial Insights

What are the most recent funding rounds that Precision Collision has completed, and what were the funding rounds?
Precision Collision has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Precision Collision has raised to date?
Precision Collision has raised a total of $23K in funding to date.
How many funding rounds has Precision Collision completed?
Precision Collision has completed 1 funding rounds.
How much funding did Precision Collision raise in its most recent funding round?
Precision Collision raised $23K in its most recent funding round.
Who are the lead investors in Precision Collision's latest funding round?
The lead investor in Precision Collision'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 Collision's history?
The largest funding round in Precision Collision's history was $23K.
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