How Much Did Race-Driven Raise?
Funding & Key Investors

Race-Driven, a prominent player in the powersports sector, has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's robust growth trajectory and its established position within the competitive powersports market. The latest financing round, characterized as a major strategic investment, signals a pivotal moment for the company's expansion and operational scaling.

What is Race-Driven?

Race-Driven
RetailAutomobile Parts StoresAutomotive Parts

Race-Driven operates as a specialized powersports company, dedicated to supplying high-quality, OEM-equivalent parts and accessories for a diverse range of leading brands, including Can-Am, Honda, Polaris, and Yamaha. The company's commitment to rider needs is evident in its in-house product development and rigorous testing processes conducted in Michigan, ensuring both reliability and peak performance. By fostering direct relationships with manufacturing partners, Race-Driven aims to provide competitive pricing and offers free shipping on orders exceeding $89 within the continental United States. Their comprehensive catalog caters to enthusiasts and racers alike, featuring an extensive selection of parts, apparel, and tools designed to elevate the riding experience.

How much funding has Race-Driven raised?

Race-Driven has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Race-Driven

PPP

Public-Private Partnership

What's next for Race-Driven?

With the recent influx of capital, Race-Driven is strategically positioned to accelerate its market penetration and enhance its product development capabilities. The company's focus on direct-to-consumer sales and cost efficiency, combined with its broad product offering, provides a strong foundation for sustained growth. Future initiatives are likely to involve expanding inventory, optimizing supply chain logistics, and potentially exploring new market segments within the powersports industry. This latest investment will be instrumental in solidifying Race-Driven's competitive advantage and driving innovation in the powersports aftermarket.

See full Race-Driven company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetailConsumer ServicesOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)Repair Services
Home Improvement & Hardware RetailRetail
Home Improvement & Hardware RetailRetail
Other Rental Stores (Furniture, A/V, Construction & Industrial Equipment)Retail

Frequently Asked Questions Regarding Race-Driven Financial Insights

What are the most recent funding rounds that Race-Driven has completed, and what were the funding rounds?
Race-Driven has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Race-Driven has raised to date?
Race-Driven has raised a total of $150K in funding to date.
How many funding rounds has Race-Driven completed?
Race-Driven has completed 1 funding rounds.
How much funding did Race-Driven raise in its most recent funding round?
Race-Driven raised $150K in its most recent funding round.
Who are the lead investors in Race-Driven's latest funding round?
The lead investor in Race-Driven'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 Race-Driven's history?
The largest funding round in Race-Driven's history was $150K.
See more information about Race-Driven