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Carputty raised $80M in a Series A funding round led by TTV Capital and supported by Fontinalis Partners, Kickstart Fund, Kinetic Ventures, and Grand Ventures to modernize auto financing and vehicle ownership.

PRIVATEMar 06, 2024

Amount Raised

$80 Million

Round Type

Series A

AtlantaInformation TechnologyCommerce and ShoppingFinancial ServicesSoftwareTransportation

Investors

University Growth FundPorsche VenturesGrand VenturesKinetic VenturesKickstart FundFontinalis PartnersTTV Capital

Description

Carputty secured $80 million in growth funding, including a $75 million warehouse facility with Silicon Valley Bank (SVB), led by TTV Capital and supported by Fontinalis Partners, Kickstart Fund, Kinetic Ventures, and Grand Ventures. The company has raised more than $100 million in total funding, with significant investment from Porsche Ventures and University Growth Fund.

Quick answer

Carputty Inc. raised $80 Million in a Series A round, dated March 6, 2024. Investors: University Growth Fund, Porsche Ventures, Grand Ventures, Kinetic Ventures, Kickstart Fund, Fontinalis Partners and TTV Capital. Carputty Inc. is based in Atlanta, Georgia, United States.

How much did Carputty Inc. raise?
Carputty Inc. raised $80 Million in a Series A round on March 6, 2024.
Who invested in Carputty Inc?
University Growth Fund, Porsche Ventures, Grand Ventures, Kinetic Ventures, Kickstart Fund, Fontinalis Partners and TTV Capital are named as investors in this round.
What does Carputty Inc. do?
Carputty is the premier direct lender re-engineering the car financing business with transparency and consumer control.
Where is Carputty Inc. based and how big is it?
Carputty Inc. is based in Atlanta, Georgia, United States. Fundz records about 24 employees.
Who are the decision-makers at Carputty Inc?
Fundz holds 2 contacts at Carputty Inc., including the Director of Operations. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce and Shopping and Financial Services around the same time

Companies in the same sectors as Carputty Inc. that raised within 45 days of this round, from Fundz verified event records.

  • Sumday raised $5.3M (Seed) on April 16, 2024.
  • Stride Funding raised $10M on April 12, 2024.
  • Mayan raised $3M (Seed) on April 11, 2024.
  • Funding Xchange raised an undisclosed amount (Series B) on April 11, 2024.
  • Stream Trading raised $1.5M (Seed) on April 10, 2024.
  • FloQast raised $100M (Series E) on April 10, 2024.

Who to call at Carputty Inc., and when

A new round usually means Carputty Inc. is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Carputty Inc. raises, hires an executive or expands, scored against what you sell
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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.

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Fundz sees it the moment Carputty Inc. raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsJackie, Director of Operations hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Carputty Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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