How Much Did Prime Autoworks Raise?
Funding & Key Investors

Prime Autoworks has secured significant capital, with total funding reaching $321K following its most recent financing round of $171K. This latest injection of capital, characterized as a major strategic investment, underscores the company's established position and its trajectory within the automotive services sector.

What is Prime Autoworks?

Prime Autoworks
Consumer ServicesAutomotive Service & Collision Repair

Established in 1971, Prime Autoworks has built a long-standing reputation for providing high-quality, personalized automotive repair and maintenance services for cars and trucks. The company emphasizes customer satisfaction, offering round-the-clock availability to meet diverse vehicle servicing needs. Its operational longevity suggests a deep understanding of the market and a resilient business model.

How much funding has Prime Autoworks raised?

Prime Autoworks has raised a total of $321K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

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

Debt (2021): $171K led by PPP

What's next for Prime Autoworks?

The substantial late-stage funding indicates Prime Autoworks is poised for significant expansion or strategic initiatives. This capital infusion, particularly the recent major strategic investment, will likely be directed towards enhancing service capabilities, expanding operational footprint, or integrating advanced automotive technologies. The company's focus on personalized service, combined with this financial backing, positions it for continued growth and market leadership in the automotive aftermarket.

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Frequently Asked Questions Regarding Prime Autoworks Financial Insights

What are the most recent funding rounds that Prime Autoworks has completed, and what were the funding rounds?
Prime Autoworks has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Prime Autoworks has raised to date?
Prime Autoworks has raised a total of $321K in funding to date.
How many funding rounds has Prime Autoworks completed?
Prime Autoworks has completed 2 funding rounds.
How much funding did Prime Autoworks raise in its most recent funding round?
Prime Autoworks raised $171K in its most recent funding round.
Who are the lead investors in Prime Autoworks's latest funding round?
The lead investor in Prime Autoworks'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 Prime Autoworks's history?
The largest funding round in Prime Autoworks's history was $171K.
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