Tech Company Financing Transactions
Openbay Funding Round
Shell Technology Ventures, Stage 1 Ventures and private investors participated in a $8 million Series A capital raise for Openbay. The funding round was announced on 6/27/2018.
Transaction Overview
Company Name
Announced On
6/27/2018
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Shell Technology Ventures (Lead Investor) (Huibert Vigeveno)
Proceeds Purpose
The new round will be used to bring to market artificial intelligence (AI) enabled solutions for businesses that provide automotive repair services and to grow existing and new markets across all its offerings.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
222 Third St.
Cambridge, MA 02142
USA
Cambridge, MA 02142
USA
Phone
Website
Email Address
Overview
Openbay is an award-winning online marketplace for consumer automotive repair services and a provider of SaaS based software for the automotive care industry. At Openbay, we are building the world's most trusted and transparent automotive services marketplace.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Robert Infantino
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