How Much Did Smith Tire Raise?
Funding & Key Investors

Smith Tire, a long-standing automotive service provider, has secured $14K in recent financing, contributing to its overall capital of $14K. This strategic investment positions the company for continued expansion within the competitive tire and automotive repair market.

What is Smith Tire?

Smith Tire
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Established in 1974 and family-owned, Smith Tire operates from Muskegon Heights, MI, offering a comprehensive selection of tires for various vehicles, including passenger cars, light trucks, and farm equipment. They stock prominent brands such as MICHELIN, BFGoodrich, and Goodyear. Beyond tire sales, the company provides essential services including tire installation, repair, and basic mechanical work, catering to clients in Grand Haven, North Muskegon, and Muskegon Heights seeking reliable tire and wheel solutions.

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?

Operating at a Series A/B growth stage, Smith Tire's recent infusion of moderate growth capital is indicative of a strategic push to enhance its market presence and service capabilities. This funding is expected to support operational scaling, potential service diversification, and strengthening its competitive edge against regional and national automotive service providers. The company's focus on quality brands and comprehensive services suggests a trajectory aimed at solidifying its reputation and expanding its customer base.

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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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