How Much Did Smith Tire Raise?
Funding & Key Investors

Smith Tire has secured $14K in total financing, with its most recent capital infusion of $14K occurring on January 28, 2021. This moderate growth capital injection signifies a strategic move for the established tire retailer as it navigates its Series A/B growth stage.

What is Smith Tire?

Smith Tire
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Established in 1974 and family-owned, Smith Tire operates as a comprehensive tire and basic mechanical repair service provider based in Muskegon Heights, Michigan. The company caters to a diverse clientele, offering a broad selection of tires for passenger vehicles, light trucks, and agricultural equipment from leading brands such as MICHELIN, BFGoodrich, and Goodyear. Beyond tire sales and installation, Smith Tire provides essential services including flat tire repair, reinforcing its position as a reliable automotive service hub for residents in surrounding areas like Grand Haven and North Muskegon.

How much funding has Smith Tire raised?

Smith Tire has raised a total of $14K across 1 funding round:

2021

Debt

$14K

Debt (2021): $14K with participation from PPP

What's next for Smith Tire?

With the recent influx of moderate growth capital, Smith Tire is poised for continued expansion and service enhancement. The company's Series A/B growth stage suggests a focus on scaling operations, potentially through expanding service offerings, optimizing inventory management, or enhancing its market reach within Michigan. This strategic investment will likely support initiatives aimed at solidifying its long-standing reputation for quality and customer service in the competitive automotive aftermarket.

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Frequently Asked Questions Regarding Smith Tire Financial Insights

What are the most recent funding rounds that Smith Tire has completed, and what were the funding rounds?
Smith Tire has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Smith Tire has raised to date?
Smith Tire has raised a total of $14K in funding to date.
How many funding rounds has Smith Tire completed?
Smith Tire has completed 1 funding rounds.
How much funding did Smith Tire raise in its most recent funding round?
Smith Tire raised $14K in its most recent funding round.
Who are the lead investors in Smith Tire's latest funding round?
The lead investor in Smith Tire'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 Smith Tire's history?
The largest funding round in Smith Tire's history was $14K.
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