How Much Did Select Auto Service Raise?
Funding & Key Investors

Select Auto Service has successfully secured a significant capital injection, bringing its total funding to $53K. This latest financing round, which provided $53K in substantial expansion capital, underscores the firm's robust market position and its commitment to scaling automotive service operations. By leveraging this debt-based investment, the company is well-positioned to enhance its service infrastructure and solidify its reputation as a leader in the automotive maintenance sector.

What is Select Auto Service?

Select Auto Service
Consumer ServicesAutomotive Service & Collision Repair

Established in 1993, Select Auto Service has cultivated a reputation for excellence in the automotive repair industry. The company provides a comprehensive suite of technical solutions, including A/C repair, brake maintenance, engine diagnostics, and complex electrical system troubleshooting. With a team of state-certified mechanics boasting over 60 years of collective expertise, the firm serves a diverse clientele requiring reliable, high-quality vehicle care. Their business model prioritizes transparency and fair pricing, which has allowed them to maintain a competitive edge in a fragmented market. By focusing on technical proficiency across all makes and models, Select Auto Service has successfully transitioned from a local service provider to a scalable enterprise capable of meeting the evolving demands of modern vehicle maintenance.

How much funding has Select Auto Service raised?

Select Auto Service has raised a total of $53K across 1 funding round:

2021

Debt

$53K

Debt (2021): $53K with participation from PPP

Key Investors in Select Auto Service

PPP

Public-Private Partnership

What's next for Select Auto Service?

With the infusion of $53K, Select Auto Service is poised to accelerate its strategic growth initiatives. The company is expected to focus on expanding its diagnostic capabilities and potentially scaling its physical footprint to capture a larger share of the regional automotive repair market. As the industry shifts toward more complex electrical and hybrid vehicle systems, the firm's investment in state-certified talent and advanced diagnostic tools will be critical. Future growth will likely center on operational efficiency and the integration of digital service management platforms to streamline customer interactions and improve service throughput. This capital deployment marks a pivotal phase in the company's lifecycle, transitioning from a legacy service provider to a modernized, high-growth automotive maintenance platform.

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Frequently Asked Questions Regarding Select Auto Service Financial Insights

What are the most recent funding rounds that Select Auto Service has completed, and what were the funding rounds?
Select Auto Service has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Select Auto Service has raised to date?
Select Auto Service has raised a total of $53K in funding to date.
How many funding rounds has Select Auto Service completed?
Select Auto Service has completed 1 funding rounds.
How much funding did Select Auto Service raise in its most recent funding round?
Select Auto Service raised $53K in its most recent funding round.
Who are the lead investors in Select Auto Service's latest funding round?
The lead investor in Select Auto Service'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 Select Auto Service's history?
The largest funding round in Select Auto Service's history was $53K.
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