University of Virginia's McIntire School of Commerce’s Galant Center for Innovation and Entrepreneurship allocated the majority of support in it's Galant Challenge to Spark Car Wash, who closed an investment deal representing nearly half of the $30 million funding raised in the nascent company’s current round.
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.
The investment will enable Focal Point to accelerate adoption of its platform, build enhanced software functionality and capabilities, add industry executives to its leadership team and modernize and optimize corporate procurement departments and operations at the enterprise level.
