# Carpay: Financial services, Los Angeles, United States

> Carpay: Carpay is a financial technology company that specializes in cloud-based loan management software and mobile applications for Buy Here Pay Here...

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

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

# Carpay

Carpay is a financial technology company that specializes in cloud-based loan management software and mobile applications for Buy Here Pay Here (BHPH) car dealerships.

Funding reported Last round: Series A

Financial services Los Angeles, United States

Company summary

- **Founded:** 2016 10 years old
- **Team:** 30 11 to 50 people
- **Funding reported:** $10M in dollars
- **Last round:** Series A Jan 2021

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 Carpay 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 Carpay

Carpay is a financial technology company that specializes in cloud-based loan management software and mobile applications for Buy Here Pay Here (BHPH) car dealerships.

Founded in 2016 and based in Venice, California, Carpay focuses on the subprime auto lending market, offering solutions that streamline payment collection and enhance the customer payment experience. The company provides a range of services tailored to BHPH dealers, including loan portfolio management, automated payment reminders, and multi-channel payment processing. Their product ecosystem features a mobile app for borrowers, a web portal for dealers, and an IVR phone system for account management. Carpay's tools help dealers manage high volumes of subprime loans, reduce delinquencies, and improve customer satisfaction, allowing them to focus on revenue generation. With significant funding and a dedicated team, Carpay is positioned to support the unique needs of the automotive retail sector.

## What company datasets say Carpay raised

Funding, as reported

Reported in all **$10M** in dollars

Rounds **5**

Last round **Series A**

Last round size **$6.5M**

Last round date **Jan 2021**

Investors listed **7**

## Founders and team

From Carpay's own website and the SEC filings it signed: 2 founders, 13 on the team.

**Brandon Cavalier** Co-founder & CEO *Named on its 2020 Form D*

**Nick Swezey** Co-Founder & Systems Engineer

- **Joanna Slate** VP, Operations
- **Katie Brown** Head of Support & Success
- **Matt Darling** VP of Revenue
- **Daniel Da Silva** Senior Software Engineer
- **Daniel Moore** Data Quality Engineer
- **Jessica Cavalier** Director of Finance
- **Kathryn Kirchner** Customer Success Manager
- **Myles Stevenson** Data Quality Manager
- **Rocio Sanchez** Marketing Manager
- **Sabrina Starr** Customer Success Manager
- **Steve Woodland** Director of Strategic Accounts
- **Steven Kaats** Product Manager
- **Nicholas Swezey** Executive Officer i

On the board, as filed i *Gary Benitt* *Mike Dean*

## On 2 portfolio pages

Investors who name them

- [Pipeline Capital Partners](https://millionrounds.com/fund/pipeline-capital-partners)
- [JCJ Capital](https://millionrounds.com/fund/jcj-capital)

Each firm lists Carpay 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

used cars reserve autopay enablement bhph industry tools buy here pay here information technology & services financial services automated payment reminders mobile app finance payment flow automation loan servicing automation customer payment management software as a service bhph payment processing

Built with from their website

Google Tag Manager WordPress.org Font Awesome Apache Elementor Google Workspace Aircall CloudFlare Viewport Meta LinkedIn Ads

+8 more

Wordpress.com Gauges Google Play Yoast Site Kit Gravatar Popper Cloudflare Rocket Loader

- **Sector:** Financial services
- **Industry code:** NAICS 513210, 522320, SIC 7389
- **Region:** California
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/carpay)

## Financial services in United States

Startups like it

- [**Kalshi** New York · founded 2019 *Raised*](https://millionrounds.com/company/kalshi)
- [**Temporal** founded 2022 *Raised*](https://millionrounds.com/company/temporal)
- [**Vestwell** New York · founded 2016 *Raised*](https://millionrounds.com/company/vestwell)
- [**C2FO** Kansas City · founded 2008 *Raised*](https://millionrounds.com/company/c2fo)
- [**Yieldstreet** New York · founded 2015 *Raised*](https://millionrounds.com/company/yieldstreet)
- [**Flutterwave** San Francisco · founded 2016 *Raised*](https://millionrounds.com/company/flutterwave)
- [**Corgi** San Francisco · founded 2024 *Raised*](https://millionrounds.com/company/corgi)
- [**Alpaca** San Mateo · founded 2017 *Raised*](https://millionrounds.com/company/alpaca)

## Is this your company?

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