DriverUp Lands $20,000,000 Series B Funding Round

  • Feed Type
  • Date
    9/24/2015
  • Company Name
    DriverUp
  • Mailing Address
    2601 North Lamar Boulevard Austin, TX 78705 USA
  • Company Description
    DriverUp is an online marketplace built exclusively for automotive financing. DriverUp is powered by Sierra Auto Finance, a nationally recognized specialty auto finance company. We are the first platform that enables investors to easily and directly participate in auto lending.
  • Website
    http://www.driverup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    This Series B round allows us to accelerate our product development, support added marketplace loan inventory and ramp up marketing efforts.
  • M&A Terms
  • Venture Investor
    SF Capital Group
  • Venture Investor
    RRE Ventures
  • Venture Investor
    Emerald Development Managers