Zips Car Wash raised $70M in additional private equity funding led by Atlantic Street Capital to support its operating strategy and member experience.
Jun 10, 2024•about 1 year ago
Amount Raised
$70 Million
Investors
Atlantic Street Capital
Description
Atlantic Street Capital, a private equity firm, made an additional $70M investment in Zips Car Wash to further support its operating strategy, member experience, leadership team, and wash quality. Zips operates more than 270 locations across 20+ states under three brands: Zips Car Wash, Rocket Express Car Wash, and Jet Brite Car Wash.
Funding Insights
Based on industry dataVC-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