How Much Did Smithtown Auto Raise?
Funding & Key Investors

Smithtown Auto has secured $14K in total funding, with its most recent capital infusion of $14K occurring on January 28, 2021. This moderate growth capital marks a significant point in the company's Series A/B growth stage, signaling a period of expansion and strategic development within the competitive auto repair market.

What is Smithtown Auto?

Smithtown Auto
Consumer ServicesAutomotive Service & Collision Repair

Smithtown Auto Works, established in 1974, operates as a comprehensive auto repair service provider in the Smithtown community. Positioned as a dealership alternative, the company offers a wide array of services including general repair, brake services, alignment, and routine maintenance like oil changes. Their business model emphasizes delivering honest, efficient service at competitive rates, aiming to build lasting customer trust and integrity. The company's core mission revolves around ensuring vehicle safety and customer satisfaction, facilitating prompt returns to the road for their clientele.

How much funding has Smithtown Auto raised?

Smithtown Auto has raised a total of $14K across 1 funding round:

2021

Debt

$14K

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

Key Investors in Smithtown Auto

PPP

Public-Private Partnership

What's next for Smithtown Auto?

The recent capital injection at a Series A/B growth stage suggests Smithtown Auto is poised for strategic expansion. This funding is likely to be allocated towards enhancing service capabilities, potentially expanding operational capacity, or investing in new technologies to maintain its competitive edge against dealerships and other independent repair shops. The company's continued focus on customer satisfaction and integrity will be crucial as it navigates this growth phase, aiming to solidify its market position and potentially broaden its service area or offerings.

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Frequently Asked Questions Regarding Smithtown Auto Financial Insights

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