How Much Did Lubricar Raise?
Funding & Key Investors

Lubricar, a long-standing automotive service provider, has secured significant enterprise-level capital, with its total funding reaching $2M. The company recently announced a major strategic investment, bringing in $2M in new financing. This latest capital infusion underscores the company's established presence and strategic importance within its market segment.

What is Lubricar?

Lubricar
Consumer ServicesAutomotive Service & Collision Repair

Founded in 1988 and operating as Jiffy Lube New Mexico, Lubricar is a third-generation fast oil change and automotive service business with deep roots in Southern New Mexico and Arizona. The company has built a reputation for reliable automotive maintenance and repair services, catering to a broad customer base across its operational regions. Its longevity in the competitive automotive aftermarket industry speaks to its robust business model and customer loyalty.

How much funding has Lubricar raised?

Lubricar has raised a total of $2M across 1 funding round:

2020

Debt

$2M

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

Key Investors in Lubricar

PPP

Public-Private Partnership

What's next for Lubricar?

The recent major strategic investment positions Lubricar for continued growth and operational enhancement. With a substantial enterprise-level funding background, the company is likely to leverage this capital for service expansion, technological upgrades, or market penetration initiatives. This strategic backing suggests confidence from investors in Lubricar's long-term viability and its capacity to capitalize on future opportunities within the automotive service sector.

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Frequently Asked Questions Regarding Lubricar Financial Insights

What are the most recent funding rounds that Lubricar has completed, and what were the funding rounds?
Lubricar has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Lubricar has raised to date?
Lubricar has raised a total of $2M in funding to date.
How many funding rounds has Lubricar completed?
Lubricar has completed 1 funding rounds.
How much funding did Lubricar raise in its most recent funding round?
Lubricar raised $2M in its most recent funding round.
Who are the lead investors in Lubricar's latest funding round?
The lead investor in Lubricar'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 Lubricar's history?
The largest funding round in Lubricar's history was $2M.
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