How Much Did Premium Sound & Security Raise?
Funding & Key Investors

Premium Sound & Security has secured $35K in total financing, with a recent capital injection of $35K designated for substantial expansion. This funding round, occurring on March 26, 2021, was a debt financing type, indicating a strategic move to bolster operational capacity and market reach. The company's financial trajectory suggests a significant growth phase, likely aligning with its Series B/C stage.

What is Premium Sound & Security?

Premium Sound & Security
RetailAutomobile Parts StoresConsumer Services

Premium Sound & Security, based in Antioch, IL, is a specialist in automotive and marine audio systems, navigation, and comprehensive vehicle customization. With over two decades of industry experience, the company provides advanced solutions including car alarms and remote starters, serving clients across northern Illinois and southern Wisconsin. Their commitment extends to expert installation services, reaching up to 100 miles from their Antioch base, encompassing major metropolitan areas like Chicago and Milwaukee. The firm is dedicated to delivering high-performance mobile electronics and enhancing the customer driving experience through quality and professionalism.

How much funding has Premium Sound & Security raised?

Premium Sound & Security has raised a total of $35K across 1 funding round:

2021

Debt

$35K

Debt (2021): $35K with participation from PPP

Key Investors in Premium Sound & Security

PPP

Public-Private Partnership

What's next for Premium Sound & Security?

The recent substantial expansion capital infusion positions Premium Sound & Security for significant market penetration and service enhancement. This strategic financing is expected to fuel the company's growth initiatives, potentially involving the expansion of its product lines, technological upgrades, and increased service area coverage. As the company operates at a Series B/C stage, this investment is critical for scaling operations, solidifying its competitive advantage in the automotive aftermarket, and potentially exploring new service verticals within mobile electronics and customization.

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Frequently Asked Questions Regarding Premium Sound & Security Financial Insights

What are the most recent funding rounds that Premium Sound & Security has completed, and what were the funding rounds?
Premium Sound & Security has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding Premium Sound & Security has raised to date?
Premium Sound & Security has raised a total of $35K in funding to date.
How many funding rounds has Premium Sound & Security completed?
Premium Sound & Security has completed 1 funding rounds.
How much funding did Premium Sound & Security raise in its most recent funding round?
Premium Sound & Security raised $35K in its most recent funding round.
Who are the lead investors in Premium Sound & Security's latest funding round?
The lead investor in Premium Sound & Security'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 Premium Sound & Security's history?
The largest funding round in Premium Sound & Security's history was $35K.
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