Tech Company Financing Transactions
Signal Automotive Funding Round
On 11/11/2020, Signal Automotive secured $20 million in funding from Kayne Partners and private investors.
Transaction Overview
Company Name
Announced On
11/11/2020
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Kayne Partners (Lead Investor) (Nate Locke)
Proceeds Purpose
Signal will utilize the financing to expand its dealer network across North America and further investment into its technology platform and data analytics capabilities to enable its dealer partners to be even more efficient.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Los Angeles, CA 90292
USA
Los Angeles, CA 90292
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Signal Automotive is bringing the power of technology to revolutionize the wholesale automotive supply chain. The process used by dealers to buy and sell vehicles is stuck in the past and rife with friction and mistrust, slowing dealers from selling more, making more and growing more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Jillings
Chief Operating Officer
Tane Jillings
VP - Bus. Development
Mitchell O'Gorman
VP - Engineering
Kestas Barzdaitis
VP - Finance
Raj Fagurha
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Where The Data Comes From
We record tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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