Carputty Announces $12.3M Series A Funding To Modernize Auto Financing
PRIVATEDec 06, 2022
Amount Raised
$12.3 Million
Round Type
Series A
AtlantaInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareTransportation
Description
Carputty ("Carputty or the "Company”), a fintech company modernizing both auto financing and ownership, today announced the closing of a $12.3 million Series A funding round. This raise, co-led by Fontinalis Partners and TTV Capital, brings Carputty's total funding amount to $21.96 million. Additional investors include Porsche Ventures and Grand Ventures, as well as Kickstart Fund, who led the Company’s seed round.
Company Information
Company
Carputty Inc.
Location
3565 PIEDMONT RD., N.E.
Atlanta, Georgia, United States
About
Carputty is the premier direct lender re-engineering the car financing business with transparency and consumer control. The company smooths out the auto financing experience. Carputty’s proprietary software — including Flexline™ and V3 Valuation™ — empowers consumers to refinance, purchase new or used, and buy out their leased vehicles all on one easy platform. In just a few clicks, Carputty underwrites loans for pre-approval without affecting consumer credit scores, provides continuous lines of credit, and transforms the entire car financing process with innovative technology.
Fundz sees it the moment Carputty Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
AtlantaInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareTransportation