How Much Did Action Tire Services Raise?
Funding & Key Investors

Action Tire Services has secured significant capital, with total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established position in the market and its trajectory for continued expansion. This latest financing round signifies a pivotal moment for the long-standing tire dealer.

What is Action Tire Services?

Action Tire Services
RetailAutomobile Parts StoresAutomotive Service & Collision Repair

Action Tire Services is a family-owned and operated full-service tire dealer with over 30 years of experience serving the New York metropolitan area. The company specializes in providing high-quality products and comprehensive service, aiming to reduce operating costs for its clientele through extensive knowledge of the trucking industry and advanced tire management systems. With multiple locations across Queens, Long Island, and the Bronx, Action Tire Services offers extensive coverage, including parts of New Jersey, and is a proud dealer for Bridgestone and Bandag, operating its own Bandag manufacturing plant.

How much funding has Action Tire Services raised?

Action Tire Services has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Action Tire Services?

The recent large-scale, late-stage funding indicates Action Tire Services is poised for significant growth and strategic development. This capital infusion is likely to fuel expansion initiatives, potentially including the enhancement of existing service offerings, the acquisition of new technologies, or the broadening of its geographic footprint. The strategic nature of the investment suggests a focus on strengthening market leadership and operational efficiencies within the competitive tire and automotive service industry.

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Frequently Asked Questions Regarding Action Tire Services Financial Insights

What are the most recent funding rounds that Action Tire Services has completed, and what were the funding rounds?
Action Tire Services has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Action Tire Services has raised to date?
Action Tire Services has raised a total of $350K in funding to date.
How many funding rounds has Action Tire Services completed?
Action Tire Services has completed 1 funding rounds.
How much funding did Action Tire Services raise in its most recent funding round?
Action Tire Services raised $350K in its most recent funding round.
Who are the lead investors in Action Tire Services's latest funding round?
The lead investor in Action Tire Services'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 Action Tire Services's history?
The largest funding round in Action Tire Services's history was $350K.
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