# AutoFi: Information technology & services, San Francisco, United States

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

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

United States · [Information technology & services startup](https://millionrounds.com/companies)

# AutoFi

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

Funding reported Last round: Series C

Information technology & services San Francisco, United States

Company summary

- **Founded:** 2015 11 years old
- **Team:** 210 201 to 1,000 people
- **Funding reported:** $126M in dollars
- **Last round:** Series C Mar 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for AutoFi has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$126M** in dollars

Rounds **6**

Last round **Series C**

Last round size **$85M**

Last round date **Mar 2022**

Investors listed **5**

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 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*

## On 8 portfolio pages

Investors who name them

- [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital)
- [FJ Labs](https://millionrounds.com/fund/fj-labs)
- [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau)
- [Mouro Capital](https://millionrounds.com/fund/mouro-capital)
- [Sandalphon Capital](https://millionrounds.com/fund/sandalphon-capital)
- [ZenStone Venture Capital](https://millionrounds.com/fund/zenstone-venture-capital)
- [BMW i Ventures](https://millionrounds.com/fund/bmw-i-ventures)
- [Reshape](https://millionrounds.com/fund/reshape-ventures)

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 routing auto sales process automation customer satisfaction digital retailing consumers customer engagement auto retail solutions auto dealer digital platform digital car sales auto finance technology auto finance data analytics auto finance approval automation consumer distribution auto finance approval enterprises

Built with from their website

GitHub Actions Salesforce Marketing Cloud Account Engagement DocuSign Chartio Amazon SES Snowflake Data Lake dbt Salesforce CRM Analytics ANGEL LMS Atlassian

+8 more

TypeScript Microsoft 365 Salesforce MySQL Jira Google Workspace PHP Micro

- **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

Startups like it

- [**Databricks** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/databricks)
- [**Waymo** Mountain View · founded 2009 *Raised*](https://millionrounds.com/company/waymo)
- [**Crusoe** Denver · founded 2018 *Raised*](https://millionrounds.com/company/crusoe)
- [**Cursor** San Francisco · founded 2017 *Raised*](https://millionrounds.com/company/cursor)
- [**Thinking Machines Lab** San Francisco *Raised*](https://millionrounds.com/company/thinking-machines-lab)
- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

Add your raise, your deck and your story, and put AutoFi in front of investors. Or tell us what we have wrong.

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