Hometown Subaru

Beckley, United States Founded: 2003 • Age: 23 yrs Acquired By LMP Motors
New and used cars are sold online by Hometown Subaru.

About Hometown Subaru

Hometown Subaru is a company based in Beckley (United States) founded in 2003 was acquired by LMP Motors in May 2021.. Hometown Subaru operates in a competitive market with competitors including Carvana, Porsche, Copart, Droom and CarMax, among others.

  • Headquarter Beckley, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    LMP Motors

    (May 06, 2021)

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Funding Insights of Hometown Subaru

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Hometown Subaru

Hometown Subaru has secured backing from 1 investor. Prominent investors backing the company include LMP Motors. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Subscription-based car access is facilitated through an app-based marketplace.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Hometown Subaru

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hometown Subaru

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hometown Subaru Comparisons

Employees
+
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Competitors of Hometown Subaru

Hometown Subaru operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carvana, Porsche, Copart, Droom and CarMax, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pre-owned vehicles are sold online with financing and valuation services.
domain founded_year HQ Location
Luxury sports cars are designed, manufactured, and distributed internationally.
domain founded_year HQ Location
Used and salvaged vehicles are offered via an online marketplace.
domain founded_year HQ Location
Used vehicles are bought and sold through an AI platform.
domain founded_year HQ Location
Retailer of used cars
domain founded_year HQ Location
Used cars are purchased and resold online through Vroom's platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hometown Subaru

Frequently Asked Questions about Hometown Subaru

When was Hometown Subaru founded?

Hometown Subaru was founded in 2003.

Where is Hometown Subaru located?

Hometown Subaru is headquartered in Beckley, United States. It is registered at Beckley, West Virginia, United States.

What does Hometown Subaru do?

Hometown Subaru was founded in 2003 in Beckley, United States, and operates within the automotive sector as an online dealer. New and used vehicles are offered through its digital platform, with sales managed remotely. The business is owned by Lori Davis, and activities focus on vehicle distribution without physical showroom operations in the specified location.

Who are the top competitors of Hometown Subaru?

Hometown Subaru's top competitors include Carvana, Vroom and Porsche.

Who are Hometown Subaru's investors?

Hometown Subaru has 1 investor. Key investors include LMP Motors.

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