Tech Company Financing Transactions
Digital Motors Funding Round
Digital Motors closed a $10 million Series A investment round on 3/12/2021. Investors included DN Capital and private investors.
Transaction Overview
Company Name
Announced On
3/12/2021
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
DN Capital (Lead Investor) (Steve Schlenker)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
500 Technology Dr. 420
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Undisclosed
Website
Email Address
Overview
Digital Motors is redefining the automotive customer journey from a traditional in-store to an integrated modern retailing experience. Provided on a SaaS-basis, the leading online automotive retail and financial technology (FinTech) platform powers an end-to-end car buying and financing process for automotive dealerships, manufacturers, lenders, and marketplaces.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Andreas Hinrichs
Chief Operating Officer
Nicholas Stellman
VP - Human Resources
Malissa McCrary
Browse more venture capital transactions:
Prev: 3/12/2021: PropSwap venture capital transaction
Next: 3/12/2021: Sommelier venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs