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Spark Car Wash Raises $30 Million Series B To Expand Its Footprint Across The Northeast

Nov 14, 2023•over 1 year ago

Amount Raised

$30 Million

Round Type

series b

SummitAutomotive

Investors

Go Point Ventures

Description

Spark Car Wash, the premier express car wash operator in New Jersey, New York, and Pennsylvania, has raised $30 million of additional growth capital through a Series B round led by GoPoint Ventures.

Company Information

Company

Spark Car Wash

Location

Summit, New Jersey, United States

About

We’re a team of highly experienced car wash experts, clean freaks and car lovers. We set ourselves a challenge – to build a car wash experience that was both effective and efficient. Because people don’t want a clean car occasionally, they want one all the time. Our high-performance express tunnel is such a precise, fast and cost-effective solution that having a clean car can be a weekly routine. Our technology-first solution is matched by our people-first service. As we grow our network of express tunnel car washes, this will never change. At Spark, we have clean down to a science.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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