# AutoFi funding: rounds and investors

> AutoFi has raised $88M across 2 rounds since 2015. Investors include 500 Global, Lerer Hippeau and FJ Labs. Every round with its source.

Source: https://millionrounds.com/company/autofi (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *AutoFi*

2 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Automotive & EVs

Valuation: $700M, Oct 2024

Funding summary Updated 26 Oct 2026

**$88M** raised across 2 rounds since 2015, from 2 sources

**$2.5M** Seed **$85M** Series C

- **Latest round:** Series C, $85M Mar 2022
- **Step-up i:** 34×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018 2019 2020 2021 2022

**$2.5M** Seed

**$85M** Series C

- **First round:** Seed, $2.5M
- **Biggest round:** $85M
- **Between rounds:** 6.3 years

## The rounds

- **Mar 2022** Series C **$85M** *3 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) Source recorded
- **Nov 2015** Seed **$2.5M** *6 new* [500 Global](https://millionrounds.com/fund/500-startups) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) [Laconia Capital Group](https://millionrounds.com/fund/laconia-capital-group) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) From a historical funding record

## Founders and team

From AutoFi's own website and the SEC filings it signed: 2 founders, 5 on the team.

**Kevin Singerman** CEO & Co-Founder *Named on its 2019 Form D*

**Mandar Gokhale** Co-Founder *Named on its 2019 Form D*

- **Josh Baer** President
- **Ilan Dar** CTO & Ciso
- **Jonathan Schenk** Chief Revenue Officer
- **Juan Scarlett** Chief Financial Officer
- **Steve O'Brien** General Counsel and Head of Compliance

On the board, as filed i *David McClelland* *David Silverman* *Steven Abernethy*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Series C** 2022 [500 Global](https://millionrounds.com/fund/500-startups) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) [Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) [Max Ventures](https://millionrounds.com/fund/max-ventures-2) [Laconia Capital Group](https://millionrounds.com/fund/laconia-capital-group) [Basset Investment Group](https://millionrounds.com/fund/basset-investment-group)

## Everyone who backed them

[500 Global](https://millionrounds.com/fund/500-startups) Angel **2** rounds

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **2** rounds

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **1** round

[Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) VC firm **1** round

[Fabrice Grinda](https://millionrounds.com/fund/fabrice-grinda) Angel **1** round

[Max Ventures](https://millionrounds.com/fund/max-ventures-2) VC firm **1** round

[Laconia Capital Group](https://millionrounds.com/fund/laconia-capital-group) VC firm **1** round

[Basset Investment Group](https://millionrounds.com/fund/basset-investment-group) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=autofi).

## Also claim to have backed them

These 5 firms list AutoFi as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures) Corporate VC Per its own site

[ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital) VC firm Per its own site

[Sandalphon Capital](https://millionrounds.com/fund/sandalphon-capital) VC firm Per its own site

[Mouro Capital](https://millionrounds.com/fund/mouro-capital) VC firm Per its own site

[Reshape](https://millionrounds.com/fund/reshape-ventures) VC firm Per its own site

## Quick answers about AutoFi

### Who invested in AutoFi?

AutoFi's investors include 500 Global, Lerer Hippeau, FJ Labs, Crosslink Capital and Eniac Ventures, and 4 more on record.

### How much has AutoFi raised?

AutoFi has raised $88M across 2 rounds since 2015.

### When did AutoFi last raise?

AutoFi's most recent round was a Series C of $85M in Mar 2022.

### What was AutoFi's biggest round?

Its most recent round, $85M in Mar 2022, is also its largest on record.

### Who backed AutoFi first?

AutoFi's first round on record, in Nov 2015, was backed by 500 Global, Lerer Hippeau and Crosslink Capital and 3 others.

### What stage is AutoFi at?

AutoFi's latest named round is a Series C, in Mar 2022.

### Where is AutoFi based?

AutoFi is based in the United States.

## Companies like AutoFi

In the same sector, and raised in the last eighteen months.

[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Simple Energy** $199M · Sept 2026](https://millionrounds.com/company/simple-energy)

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