United States · Information technology & services startup

AutoFi

AutoFi is a leading commerce platform based in San Francisco, California, specializing in end-to-end digital automotive sales and financing.

Funding reportedLast round: Series C

Information technology & servicesSan Francisco, United States

About AutoFi

AutoFi is a leading commerce platform based in San Francisco, California, specializing in end-to-end digital automotive sales and financing.

Founded in 2014-2015 by Kevin Singerman, Mandar Gokhale, and Jonathan T. Palan, the company facilitates billions of dollars in online automotive transactions each year. AutoFi connects car buyers with authorized dealerships and a wide network of trusted lenders, streamlining the vehicle purchase and financing process. The company operates within the Financial Technology and Auto Tech sectors, offering a suite of digital retail and financing tools. These include the AutoFi Platform, which features digital retailing, credit applications, and lender routing, as well as Lending-as-a-Service APIs for real-time prequalification and loan origination. AutoFi serves B2B clients, including top automotive dealers, original equipment manufacturers, and automotive marketplaces, empowering them to provide a seamless buying experience for consumers. With approximately 212 employees, AutoFi is committed to making automotive financing more efficient and transparent.

What company datasets say AutoFi raised

Funding, as reported

Reported in all$126Min dollars
Rounds6
Last roundSeries C
Last round size$85M
Last round dateMar 2022
Investors listed5
Valuation$700M, Oct 2024
SEC Form D$35M sold, 4 filings, last Apr 2019

Founders and team

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

Kevin SingermanCEO & Co-FounderNamed on its 2019 Form D
Mandar GokhaleCo-FounderNamed on its 2019 Form D
  • Josh BaerPresident
  • Ilan DarCTO & Ciso
  • Jonathan SchenkChief Revenue Officer
  • Juan ScarlettChief Financial Officer
  • Steve O'BrienGeneral Counsel and Head of Compliance

On the board, as filediDavid McClellandDavid SilvermanSteven Abernethy

On 8 portfolio pages

Investors who name them

Each firm lists AutoFi on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

auto lender routingauto sales process automationcustomer satisfactiondigital retailingconsumerscustomer engagementauto retail solutionsauto dealer digital platformdigital car salesauto finance technologyauto finance data analyticsauto finance approval automationconsumerdistributionauto finance approvalenterprises

Built with from their website

GitHub ActionsSalesforce Marketing Cloud Account EngagementDocuSignChartioAmazon SESSnowflake Data LakedbtSalesforce CRM AnalyticsANGEL LMSAtlassian

+8 more

TypeScriptMicrosoft 365SalesforceMySQLJiraGoogle WorkspacePHPMicro

Sector
Information technology & services
Industry code
NAICS 54151, 513210, SIC 7375, 7372
Region
California
Revenue
$25M a year, as listed

Information technology & services in United States

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