About Zips Car Wash
Zips Car Wash is a company based in Springdale (United States) founded in 2004 by Brett Overman.. Zips Car Wash has raised $70 million across 2 funding rounds from investors including Atlantic Street Capital. Zips Car Wash has completed 8 acquisitions, including Boomerang Car Wash, Cascades Car Wash and Fast Trac Car Wash. Zips Car Wash offers products and services including Car Wash Services, ZIPS App, and Unlimited Wash Club. Zips Car Wash operates in a competitive market with competitors including Spiffy, Way, EverWash, Tommy's Express and Quick Quack Car Wash, among others.
- Headquarter Springdale, United States
- Founders Brett Overman
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Phone
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Website
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Social
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- Legal Name Zips Car Wash, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$70 M (USD)
in 2 rounds
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Latest Funding Round
$70 M (USD), Private Equity Round
Jun 10, 2024
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Boomerang Car Wash
& 7 more
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Products & Services of Zips Car Wash
Zips Car Wash offers a comprehensive portfolio of products and services, including Car Wash Services, ZIPS App, and Unlimited Wash Club. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Drive-through washing using advanced chemistry for dirt and grime removal.
Platform for booking washes, earning rewards, and managing memberships.
Subscription service for unlimited car washes and exclusive perks.
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Funding Insights of Zips Car Wash
Zips Car Wash has successfully raised a total of $70M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $70 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Private Equity Round — $70.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Private Equity Round - Zips Car Wash | Valuation | Atlantic Street Capital |
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| May, 2020 | Amount | Private Equity Round - Zips Car Wash | Valuation | Atlantic Street Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zips Car Wash
Zips Car Wash has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Atlantic Street Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Atlantic Street Capital is engaged in private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Zips Car Wash
Zips Car Wash has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Boomerang Car Wash, Cascades Car Wash and Fast Trac Car Wash. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Car wash services are provided in Watkinsville, United States.
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2019 | ||||
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Car washing services are provided in Boise, United States.
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2018 | ||||
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Car washing services are provided for vehicles in Winston-Salem.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Zips Car Wash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zips Car Wash Comparisons
Competitors of Zips Car Wash
Zips Car Wash 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 Spiffy, Way, EverWash, Tommy's Express and Quick Quack Car Wash, 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 |
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| domain | founded_year | HQ Location |
Spiffy is recognized as a full-stack mobile service platform for the automotive industry.
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| domain | founded_year | HQ Location |
App-based platform to find car parking, auto insurance & car wash services
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| domain | founded_year | HQ Location |
Car washing services are booked via an online platform.
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| domain | founded_year | HQ Location |
App-based booking of car washing and detailing services is facilitated.
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| domain | founded_year | HQ Location |
Car washing services are provided by Quick Quack Car Wash.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Zips Car Wash
Frequently Asked Questions about Zips Car Wash
When was Zips Car Wash founded?
Zips Car Wash was founded in 2004 and raised its 1st funding round 16 years after it was founded.
Where is Zips Car Wash located?
Zips Car Wash is headquartered in Springdale, United States. It is registered at Springdale, Arkansas, United States.
Is Zips Car Wash a funded company?
Zips Car Wash is a funded company, having raised a total of $70M across 2 funding rounds to date.
What does Zips Car Wash do?
Zips Car Wash was founded in 2004 and is based in Springdale, United States. An online platform is operated for booking car washing services, with a subscription model available to users. Bookings are facilitated by specifying location, service type, and other details. The service focuses on the automotive care sector, enabling convenient access to wash options across specified areas.
Who are the top competitors of Zips Car Wash?
What products or services does Zips Car Wash offer?
Zips Car Wash offers Car Wash Services, ZIPS App, and Unlimited Wash Club.
How many acquisitions has Zips Car Wash made?
Zips Car Wash has made 8 acquisitions, including Boomerang Car Wash, Cascades Car Wash, and Fast Trac Car Wash.
Who are Zips Car Wash's investors?
Zips Car Wash has 1 investor. Key investors include Atlantic Street Capital.
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