What is Ray Citte?
Established in 1946 and headquartered in Roy, Utah, Ray Citte has evolved into a premier destination for recreational vehicle sales and maintenance. The company maintains a robust inventory featuring top-tier manufacturers such as Forest River and Heartland, offering a comprehensive range of motorhomes, fifth wheels, and travel trailers. Beyond its retail operations, the firm distinguishes itself through a commitment to long-term client relationships, providing end-to-end parts and service support. This focus on customer lifecycle management has allowed the dealership to maintain a competitive edge in the regional RV market for nearly 80 years.
How much funding has Ray Citte raised?
Ray Citte has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Ray Citte
PPP
Public-Private Partnership
What's next for Ray Citte?
With the recent capital infusion, Ray Citte is positioned to accelerate its growth trajectory and modernize its service facilities. The strategic allocation of these funds will likely focus on inventory expansion and the integration of advanced digital tools to streamline the customer purchasing experience. As the RV industry continues to see shifts in consumer demand, the company's ability to maintain its legacy of service while scaling its operations will be critical. This late-stage funding provides the necessary runway to optimize supply chain efficiencies and potentially explore new market segments, ensuring the dealership remains a dominant force in the Utah recreational vehicle landscape.
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