How Much Did Proform Parts Raise?
Funding & Key Investors

Proform Parts, a significant player in the automotive aftermarket components sector, has recently secured a major strategic investment, contributing to its total funding of $150K. This latest capital infusion, with a recent funding amount of $150K, underscores the company's robust growth trajectory and its established position in the market. The context of this large-scale, late-stage funding indicates a strategic move towards further expansion and market consolidation.

What is Proform Parts?

Proform Parts
ManufacturingAutomotive PartsAutomobile Parts Stores

Operating under Specialty Auto Parts U.S.A., Inc., Proform Parts has established itself as a premier manufacturer and engineer of high-performance automotive aftermarket components. For over three decades, the company has catered to automotive enthusiasts and builders across North America, delivering innovative and quality products at accessible price points. Proform has pioneered numerous industry firsts, including affordable, non-remanufactured electric parts and accessories, and holds exclusive patent rights to many proprietary designs. Its extensive product range includes starters, alternators, harmonic balancers, distributors, and a wide selection of rocker arms, alongside specialized engine builders' tools and officially licensed products from major automotive brands. The company's commitment to customer satisfaction is further evidenced by comprehensive warranty coverage and accessible technical support, solidifying its reputation for reliability and performance.

How much funding has Proform Parts raised?

Proform Parts has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Proform Parts?

With the recent influx of capital from a major strategic investment, Proform Parts is poised for accelerated growth and enhanced market penetration. This large-scale, late-stage funding is likely to fuel further research and development into new patented designs, expand manufacturing capabilities, and potentially explore new market segments or strategic acquisitions. The company's focus on innovation, combined with its strong product portfolio and customer-centric approach, positions it favorably to capitalize on emerging trends in the automotive aftermarket industry and reinforce its leadership in performance components.

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Frequently Asked Questions Regarding Proform Parts Financial Insights

What are the most recent funding rounds that Proform Parts has completed, and what were the funding rounds?
Proform Parts has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Proform Parts has raised to date?
Proform Parts has raised a total of $150K in funding to date.
How many funding rounds has Proform Parts completed?
Proform Parts has completed 1 funding rounds.
How much funding did Proform Parts raise in its most recent funding round?
Proform Parts raised $150K in its most recent funding round.
Who are the lead investors in Proform Parts's latest funding round?
The lead investor in Proform Parts'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 Proform Parts's history?
The largest funding round in Proform Parts's history was $150K.
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