How Much Did US Speedo Raise?
Funding & Key Investors

US Speedo, a Flint, Michigan-based manufacturer specializing in OEM quality gauge restyling products, has secured $438K in total capital. The company recently announced a major strategic investment, part of its large-scale late-stage funding efforts, underscoring its established market presence and growth trajectory. This latest financing round, which includes $288K, is poised to fuel further innovation and expansion in the automotive aftermarket sector.

What is US Speedo?

US Speedo
ManufacturingAutomotive PartsAutomotive Service & Collision Repair

Founded in 1999, US Speedo has carved a niche in the automotive industry by providing custom speedometer solutions. Initially addressing the need for converting kilometer gauges for imported vehicles, the company evolved to offer nation-wide orders for unique, restyled color gauges for most popular vehicle models. A significant innovation was the invention and patenting of the stainless steel gauge face, which has since led to more advanced designs like the Aqua Edition, Aqua Mariner, and Stealth Edition gauge face kits. US Speedo continues to enhance vehicle interiors through ongoing product development, including a recently introduced LED Lighting Kit for entire dashboards, catering to repairs, bulb replacements, and complete custom interior aesthetics.

How much funding has US Speedo raised?

US Speedo has raised a total of $438K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$288K

Debt (2020): $150K with participation from PPP

Debt (2021): $288K led by PPP

What's next for US Speedo?

With the recent influx of capital from its large-scale late-stage funding, US Speedo is strategically positioned for accelerated growth. The company's focus on patented innovations, such as its stainless steel gauge faces and comprehensive LED lighting kits, indicates a commitment to staying ahead in the competitive automotive customization market. This strategic investment will likely support enhanced manufacturing capabilities, broader product line development, and expanded market reach, solidifying US Speedo's leadership in providing high-quality, custom interior solutions for vehicle owners seeking a personalized driving experience.

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Frequently Asked Questions Regarding US Speedo Financial Insights

What are the most recent funding rounds that US Speedo has completed, and what were the funding rounds?
US Speedo has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 14, 2020.
What is the total amount of funding US Speedo has raised to date?
US Speedo has raised a total of $438K in funding to date.
How many funding rounds has US Speedo completed?
US Speedo has completed 2 funding rounds.
How much funding did US Speedo raise in its most recent funding round?
US Speedo raised $288K in its most recent funding round.
Who are the lead investors in US Speedo's latest funding round?
The lead investor in US Speedo'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 US Speedo's history?
The largest funding round in US Speedo's history was $288K.
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