
160 Driving Academy
Truck Driving School | Illinois | Wisconsin | Indiana | Michigan | Ohio | 160 Driving Academy.
Date | Investors | Amount | Round |
---|---|---|---|
* | $100m | Growth Equity non VC | |
Total Funding | 000k |
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 46 % | 33 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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160 Driving Academy is a commercial truck driving school that provides comprehensive CDL (Commercial Driver's License) training across various locations in the Midwest, including Illinois, Wisconsin, Indiana, Michigan, and Ohio. The academy serves individuals seeking to enter the commercial trucking industry, a sector experiencing rapid growth with an estimated 575,000 new jobs for CDL holders. The business model focuses on offering trucking classes, CDL test preparation, and refresher courses, with the added benefit of job placement services. Graduates from 160 Driving Academy are positioned for high-paying roles, with starting salaries potentially reaching $60,000 per year and significant growth opportunities. The academy generates revenue through tuition fees, which can be sponsored, making the training accessible to a broader audience. By equipping students with the necessary skills and certifications, 160 Driving Academy helps meet the increasing demand for qualified truck drivers, ensuring that graduates are well-prepared for successful careers in the industry.
Keywords: CDL training, truck driving school, job placement, high salaries, Midwest locations, trucking industry, commercial driving, career growth, sponsored tuition, CDL test prep.