AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online.
AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online. The platform allows consumers to purchase and finance a vehicle entirely online through a seamless user experience and an automated application and approval process. The company's platform connects an auto dealer’s customers to a network of lenders, providing a fast, mobile-first checkout experience. It provides vehicle buyers instant full spectrum decisions with customizable terms.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 7, 2022 | Series C | $85M | 3 |
Santander US
|
— | Detail |
| May 13, 2020 | Series B | — | 2 |
BMW i Ventures
|
— | Detail |
| Feb 1, 2018 | Series A | — | 1 |
|
— | Detail |
| Aug 24, 2017 | Series A | $10M | 3 |
Crosslink Capital
|
— | Detail |
| May 27, 2016 | Series Unknown | $17M | 6 |
Crosslink Capital
|
— | Detail |
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Santander US
|
Yes | Series C |
BMW i Ventures
|
Yes | Series B |
Crosslink Capital
|
— | Series C |
SVB Financial Group
|
— | Series C |
|
|
— | Series B |
Ford Motor
|
— | Series A |
Lerer Hippeau
|
— | Series A |
Bruce Toll
|
— | Series Unknown |
Max Ventures
|
— | Series Unknown |
Reshape
|
— | Series Unknown |