How Much Did Prolube Raise?
Funding & Key Investors

Prolube has secured $82K in total financing, with a recent capital infusion of $82K to fuel its expansion. This significant Series B/C stage investment underscores the company's robust growth trajectory and its strategic positioning within the automotive maintenance sector.

What is Prolube?

Prolube
Consumer ServicesAutomotive Service & Collision Repair

Prolube is a prominent automotive service provider specializing in oil changes and comprehensive vehicle fluid maintenance. With a strong presence in Wilmington, N.C., the company operates three convenient locations, offering a wide array of services including transmission fluid and filter service, radiator flush and fill, differential and gear box flush, tire rotations, brake services, and serpentine belt changes. Prolube also provides emissions and safety inspections. The company prides itself on efficient service, allowing customers to remain in their vehicles during oil changes, with waiting rooms also available for those who prefer to leave their cars. No appointment is necessary, and their three-bay system is designed for rapid service completion. Prolube stands behind its work, servicing all vehicle fluids and inviting customers to experience their reliable automotive care.

How much funding has Prolube raised?

Prolube has raised a total of $82K across 1 funding round:

2021

Debt

$82K

Debt (2021): $82K with participation from PPP

Key Investors in Prolube

PPP

Public-Private Partnership

What's next for Prolube?

The recent substantial expansion capital infusion positions Prolube for significant growth and operational enhancement. This strategic financing is expected to enable Prolube to scale its services, potentially expand its geographic footprint, and further invest in technology to streamline operations and customer experience. The company's focus on essential automotive maintenance, coupled with its commitment to customer convenience and quality service, provides a solid foundation for continued success and market leadership in the automotive aftermarket industry.

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Frequently Asked Questions Regarding Prolube Financial Insights

What are the most recent funding rounds that Prolube has completed, and what were the funding rounds?
Prolube has recently completed 1 funding rounds: Debt on Feb 16, 2021.
What is the total amount of funding Prolube has raised to date?
Prolube has raised a total of $82K in funding to date.
How many funding rounds has Prolube completed?
Prolube has completed 1 funding rounds.
How much funding did Prolube raise in its most recent funding round?
Prolube raised $82K in its most recent funding round.
Who are the lead investors in Prolube's latest funding round?
The lead investor in Prolube'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 Prolube's history?
The largest funding round in Prolube's history was $82K.
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