Tagged: cars

July 22, 2023 @ 7:26 pm By Omar Faridi  |  

⁠Tractable, which claims to be a leader in artificial intelligence (AI) using computer vision to assess the condition of cars and homes, announces a $65M Series E investment led by SoftBank Vision Fund 2. Existing investors in the investment round include Insight Partners and Georgian… Read More

April 25, 2021 @ 10:16 pm By Samantha Hurst  |  

      Insurify, an AI-powered insurance comparison platform that’s based in the U.S., recently announced it has joined forces with Toyota Insurance Management Solutions (TIMS) to power its insurance platform with Insurify’s online insurance shopping technology. According to the duo, this new collaboration will… Read More

April 13, 2021 @ 10:29 am By Samantha Hurst  |  

Car Capital, a U.S.-based automotive fintech, announced on Tuesday it completes a $20 million credit line with Medalist Partners. Car Capital reported that the transaction gives it access to capital to expand its business, fund deals, and ultimately get consumers into cars. Car Capital’s proprietary, web-based platform,… Read More

March 1, 2021 @ 1:19 pm By Samantha Hurst  |  

  Volkswagen Financial Services UK (VWFS), part of Volkswagen AG, has partnered with Scrive and Onfido to launch their next-generation digital financing solution for UK dealerships. According to Volkswagen, Scrive’s electronic signature service and Onfido’s digital identity verification services are integrated into the new process for verifying customer identity… Read More

February 14, 2021 @ 10:28 pm By Samantha Hurst  |  

UFODRIVE, a Luxembourg-based car rental company, is now nearing £1.7 million through its equity crowdfunding campaign on Seedrs. The funding round, which launched last month, originally set out to raise a minimum of £1.5 million and has so far attracted more than 645 Seedrs investors.  As previously… Read More

January 17, 2021 @ 10:33 pm By Samantha Hurst  |  

  Karshare, a UK-based car-sharing startup, is set to close its equity crowdfunding campaign on Seedrs with more than £1.4 million secured. The funding round, which has attracted nearly 560 Seedrs investors, was launched last month, originally seeking £1 million. As previously reported, Karshare stated… Read More

January 10, 2021 @ 10:49 pm By Samantha Hurst  |  

  UFODRIVE, a Luxembourg-based car rental company, is now seeking £1.5 million through its equity crowdfunding campaign on Seedrs. Founded in 2018, UFODRIVE claims to be the world’s fastest and easiest car rental experience, using a 100% electric fleet. “Leading the electric revolution, UFODRIVE now… Read More

January 4, 2021 @ 3:19 pm By Samantha Hurst  |  

Karshare, a UK-based car-sharing startup, has successfully secured its initial £1 million funding target and is now nearing £1.2 million through its equity crowdfunding campaign on Seedrs. The funding round launched last month and has already attracted 430 Seedrs investors. As previously reported, Karshare stated… Read More

December 9, 2020 @ 4:01 pm By Samantha Hurst  |  

  Karshare, a UK-based car-sharing startup, is now seeking £1 million through its equity crowdfunding campaign on Seedrs. Founded earlier this year, Karshare stated it is creating a more sustainable, shared future, where having a car is seen as a choice and not a necessity…. Read More

June 4, 2020 @ 7:17 am By Samantha Hurst  |  

Wales-based hydrogen-electric car company Riversimple has successfully secured more than £500,000 through its latest equity crowdfunding campaign on Seedrs. The funding round, which originally sought to raise £200,000, made its debut less than a year after Riversimple raised £839,958 through its previous Seedrs campaign. As… Read More

May 22, 2020 @ 12:00 pm By Samantha Hurst  |  

Less than a year after raising £839,958 through its previous Seedrs funding round, Wales-based hydrogen-electric car company Riversimple has returned to the equity crowdfunding platform and already surpassed its initial £200,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa,… Read More

October 18, 2019 @ 9:26 pm By Samantha Hurst  |  

Just days before it is set to close its latest equity crowdfunding campaign on Crowdcube, UK-based parking innovator JustPark has raised more than £6.9 million through the funding round from nearly 5300 investors. The initiative was launched earlier this month and quickly surpassed its initial… Read More

September 20, 2019 @ 3:32 pm By Samantha Hurst  |  

Less than two years after securing more than £2.6 million in funding through its previously Crowdcube campaign, UK-based parking innovator JustPark has returned to the equity crowdfunding platform and has already raised more than £5.8 million from nearly 3000 investors.  As previously reported, JustPark was… Read More

July 5, 2019 @ 3:19 pm By Samantha Hurst  |  

Riversimple, a Wales-based hydrogen-electric car company, has successfully secured its initial £750,000 funding target through its latest equity crowdfunding campaign on Seedrs. The funding round has attracted more than 550 investors and is offering 1.26% in equity with a £58,933,056 pre-money valuation. As previously reported, the… Read More

June 27, 2019 @ 9:23 am By Samantha Hurst  |  

  Riversimple, a Wales-based hydrogen-electric car company, has extended its latest equity crowdfunding campaign on Seedrs for another 10 days as it nears its £750,000 funding target. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount… Read More

April 19, 2019 @ 10:02 am By Samantha Hurst  |  

Less than a year after raising £1.1 million on Seedrs, Riversimple, a Wales-based hydrogen-electric car company, has returned to the equity crowdfunding platform to raise £750,000. As previously reported, Riversimple has designed a new car called the Rasa, which emits nothing but a tiny amount of… Read More

January 4, 2019 @ 11:16 am By Samantha Hurst  |  

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, has successfully secured its initial £900,000 funding target through its equity crowdfunding round on Seedrs. The campaign, which was launched November, has attracted more than 200 investors. As previously reported, MyCarNeedsA… Read More

November 12, 2018 @ 12:26 pm By Samantha Hurst  |  

MyCarNeedsA.com, a comparison website that drivers use for all their car aftercare needs including car repair and maintenance, is now seeking a minimum of £900,000 through its equity crowdfunding campaign on Seedrs. Founded in 2014, MyCarNeedsA helps to save time, money, and hassle through its online process: A… Read More

June 19, 2018 @ 3:53 pm By Samantha Hurst  |  

Deutsche Bank announced on Tuesday it has teamed up with Allianz and Auto1 to launch a new fintech called “Auto1 FinTech,” which will offer financing and insurance products to automobile dealerships buying and selling used vehicles via Auto1. The three partners closed the deal last Friday…. Read More

May 11, 2018 @ 9:35 pm By Samantha Hurst  |  

Less than two weeks after launching its latest equity crowdfunding campaign on Crowdcube, online automotive marketplace Glovebox Direct has secured its initial £300,000 funding target from just a little more than 100 investors. The funding round comes just six months after the company raised a total of… Read More