Zag.com Garners $37,400,000 Series E Funding

  • Feed Type
  • Date
    2/5/2009
  • Company Name
    Zag.com
  • Mailing Address
    525 Broadway, 3rd Floor Santa Monica, CA 90401
  • Company Description
    Zag is a technology and services company that operates a robust auto shopping, research and pricing technology that allows users to get the information and up-front pricing they need in order to be in control of the process and get a great deal. Zag works closely with a select nationwide network of premium dealers that have agreed to provide up-front discounted pricing and a no-hassle delivery process. Zag’s participating dealers have made this special arrangement because Zag works only with large affinity groups and national brands. These organizations do the work of promoting and branding this experience, which removes much of the traditional fear factor from the buying process.
  • Website
    http://corp.zag.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $37,400,000
  • Transaction Round
    Series E
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    USAA
  • Venture Investor
    GRP Retail Partners
  • Venture Investor
    Capricorn Management LLC
  • Venture Investor
    Anthem Venture Partners