How Much Did 160 Driving Academy Raise?
Funding & Key Investors

160 Driving Academy has secured $2M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the company's established position in the commercial driving education sector.

What is 160 Driving Academy?

160 Driving Academy
EducationTraining

Founded in 2012 and headquartered in Evanston, Illinois, 160 Driving Academy stands as the nation's largest commercial driving school. The company specializes in providing comprehensive training for individuals seeking careers as commercial truck drivers, addressing a critical need within the logistics and transportation industries. Their extensive network and structured curriculum have positioned them as a leader in vocational training.

How much funding has 160 Driving Academy raised?

160 Driving Academy has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in 160 Driving Academy

PPP

Public-Private Partnership

What's next for 160 Driving Academy?

The recent major strategic investment signals a new phase of growth and expansion for 160 Driving Academy. This capital infusion is likely to be directed towards enhancing operational capacity, potentially expanding their geographic footprint, and further developing their training programs to meet evolving industry demands. The company's focus on enterprise-level funding suggests a strategic vision for scaling its market leadership and solidifying its role in addressing the ongoing driver shortage.

See full 160 Driving Academy company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Education industry

Colleges & UniversitiesEducation
EducationK-12 SchoolsNon-Profit & Charitable OrganizationsOrganizations
EducationK-12 Schools
EducationTrainingHospitalityPerforming Arts Theaters

Frequently Asked Questions Regarding 160 Driving Academy Financial Insights

What are the most recent funding rounds that 160 Driving Academy has completed, and what were the funding rounds?
160 Driving Academy has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding 160 Driving Academy has raised to date?
160 Driving Academy has raised a total of $2M in funding to date.
How many funding rounds has 160 Driving Academy completed?
160 Driving Academy has completed 1 funding rounds.
How much funding did 160 Driving Academy raise in its most recent funding round?
160 Driving Academy raised $2M in its most recent funding round.
Who are the lead investors in 160 Driving Academy's latest funding round?
The lead investor in 160 Driving Academy'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 160 Driving Academy's history?
The largest funding round in 160 Driving Academy's history was $2M.
See more information about 160 Driving Academy