How Much Did Summit Auto Raise?
Funding & Key Investors

Summit Auto has secured $77K in total investment, with its most recent financing round bringing in $77K to fuel substantial expansion. This capital infusion positions the established automotive services provider for significant growth.

What is Summit Auto?

Summit Auto
RetailAutomobile DealersAutomotive Service & Collision Repair

Summit Auto, a family-owned car dealership founded in 1991 and based in Aurora, CO, specializes in Subaru vehicles. The company offers a comprehensive suite of services, including expert repairs, inspections, and body work, leveraging deep knowledge of Subaru models. Their commitment to treating every vehicle with care underpins their reputation for reliable automotive solutions, serving clients seeking both quality vehicles and dependable service.

How much funding has Summit Auto raised?

Summit Auto has raised a total of $77K across 1 funding round:

2021

Debt

$77K

Debt (2021): $77K with participation from PPP

What's next for Summit Auto?

The recent capital injection, described as substantial expansion capital within a significant Series B/C stage context, indicates Summit Auto is poised for a new phase of strategic development. This financing is expected to enable the company to scale its operations, potentially expanding its service offerings, geographic reach, or inventory. The focus on expansion capital suggests a strategic move to enhance market presence and capitalize on growth opportunities within the automotive sector.

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Frequently Asked Questions Regarding Summit Auto Financial Insights

What are the most recent funding rounds that Summit Auto has completed, and what were the funding rounds?
Summit Auto has recently completed 1 funding rounds: Debt on Feb 20, 2021.
What is the total amount of funding Summit Auto has raised to date?
Summit Auto has raised a total of $77K in funding to date.
How many funding rounds has Summit Auto completed?
Summit Auto has completed 1 funding rounds.
How much funding did Summit Auto raise in its most recent funding round?
Summit Auto raised $77K in its most recent funding round.
Who are the lead investors in Summit Auto's latest funding round?
The lead investor in Summit 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 Summit Auto's history?
The largest funding round in Summit Auto's history was $77K.
See more information about Summit Auto