How Much Did Diesel Plus Raise?
Funding & Key Investors

Diesel Plus has secured significant capital, with its total funding reaching $305K and its most recent financing round totaling $155K. This latest strategic investment underscores the company's established presence and growth trajectory in the diesel repair sector.

What is Diesel Plus?

Diesel Plus
Consumer ServicesAutomotive Service & Collision Repair

Diesel Plus, based in Ringgold, GA, is a comprehensive diesel repair specialist established in 2001 by Mike Perkins. The company caters to a diverse clientele, offering extensive services for trucks, Sprinter vans, farm tractors, and generators. Their expertise spans critical areas such as fuel system repair, turbocharger servicing, brake maintenance, and essential DOT inspections. Operating a Bosch-approved fuel shop, Diesel Plus is recognized for its commitment to quality, reliability, and superior customer service, positioning itself as a key player in the specialized diesel maintenance market.

How much funding has Diesel Plus raised?

Diesel Plus has raised a total of $305K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$155K

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

Debt (2021): $155K led by PPP

Key Investors in Diesel Plus

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Diesel Plus?

The substantial capital infusion, particularly the recent strategic investment, signals Diesel Plus's readiness for its next phase of expansion. This late-stage funding is likely to be allocated towards enhancing operational capacity, potentially expanding service offerings, or investing in advanced diagnostic technologies to maintain its competitive edge. The company's focus on core diesel services and its established reputation suggest a strategic approach to leveraging this capital for sustained growth and market leadership.

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Frequently Asked Questions Regarding Diesel Plus Financial Insights

What are the most recent funding rounds that Diesel Plus has completed, and what were the funding rounds?
Diesel Plus has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Diesel Plus has raised to date?
Diesel Plus has raised a total of $305K in funding to date.
How many funding rounds has Diesel Plus completed?
Diesel Plus has completed 2 funding rounds.
How much funding did Diesel Plus raise in its most recent funding round?
Diesel Plus raised $155K in its most recent funding round.
Who are the lead investors in Diesel Plus's latest funding round?
The lead investor in Diesel Plus'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 Diesel Plus's history?
The largest funding round in Diesel Plus's history was $155K.
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