AutoFi

lendingother lending

FOUNDING YEAR: 2015
LOCATION: United States
Last Update: 10/07/2020

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About

Kevin Singerman

MEDICI Analysis

AutoFi is an online point of sale financing solution that allows consumers to purchase and finance a vehicle entirely online through a seamless user experience ,automated application and approval process. It gives institutional investors direct access to consumer auto loans.

Focus

PRODUCTS & SERVICES

Online POS solutions for vehicle financing. AutoFi leverages technology to drive down costs and save time when applying for an auto loan.

MAIN CLIENTS

SHIFT

RICART

REEDMAN TOLL

TASCA

COMMENT

AutoFi is an automated application and approval process with real time decisioning and fully transparent terms without the paperwork.

Momentum

FUNDED

YES

TOTAL FUNDING

$12.5 M

DATE OF LAST FUNDING

May 2020

TOTAL FUNDING COMMENT

Venture funding: $17 M(May 2016).

SEED & PRIOR FUNDING

$2.5 M

SEED CLOSED ON

Nov 2015

FUNDING SERIES

SERIES A  · $10 M  · Aug 2017

LISTED

NO

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