How Much Did Competition Tire West Raise?
Funding & Key Investors

Competition Tire West has secured $1.2M in major enterprise-level funding, with its most recent capital infusion of $845K occurring on January 20, 2021. This recent strategic investment underscores the company's trajectory within the automotive parts sector. The company's financial history indicates a pattern of securing necessary capital to support its operations and growth initiatives.

What is Competition Tire West?

Competition Tire West
RetailAutomobile Parts Stores

Competition Tire West operates within the Automobile Parts Stores industry, a sector critical to the maintenance and performance of vehicles. Headquartered in Brooklyn, Michigan, the company employs between 50 to 99 individuals and generates revenue in the range of $10 million to $25 million. This positions Competition Tire West as a significant player in its regional market, contributing to the broader automotive aftermarket ecosystem. The company's focus on tire sales and related services suggests a commitment to providing essential automotive components and support.

How much funding has Competition Tire West raised?

Competition Tire West has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$845K

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

Debt (2021): $845K led by PPP

What's next for Competition Tire West?

The recent strategic investment of $845K signals a pivotal moment for Competition Tire West, suggesting a phase of accelerated scaling or strategic expansion. Given the 'major enterprise-level funding' context, the company is likely poised to enhance its operational capabilities, potentially through technological integration, supply chain optimization, or market penetration strategies. Future developments may involve expanding its product lines, increasing its geographic footprint, or forging new partnerships within the automotive industry. The company's ability to leverage this capital will be key to solidifying its market position and achieving long-term growth objectives.

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Frequently Asked Questions Regarding Competition Tire West Financial Insights

What are the most recent funding rounds that Competition Tire West has completed, and what were the funding rounds?
Competition Tire West has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Competition Tire West has raised to date?
Competition Tire West has raised a total of $1.2M in funding to date.
How many funding rounds has Competition Tire West completed?
Competition Tire West has completed 2 funding rounds.
How much funding did Competition Tire West raise in its most recent funding round?
Competition Tire West raised $845K in its most recent funding round.
Who are the lead investors in Competition Tire West's latest funding round?
The lead investor in Competition Tire West'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 Competition Tire West's history?
The largest funding round in Competition Tire West's history was $845K.
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