AutoFi

company

About

AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online.

Details

Last Funding Type
Seed
Last Funding Money Raised
$2.50M
Industries
Automotive,Financial Services,Point of Sale
Founded date
Jan 1, 2015
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
AutoFi Inc.

AutoFi is a commerce platform delivering point of sale solution for financing a vehicle online. The platform allows consumers to purchase and finance a vehicle entirely online through a seamless user experience and an automated application and approval process. The company's platform connects an auto dealer’s customers to a network of lenders, providing a fast, mobile-first checkout experience. It provides vehicle buyers instant full spectrum decisions with customizable terms.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$114.50M
AutoFi has raised a total of $114.50M in funding over 2 rounds. Their latest funding was raised on Mar 7, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 7, 2022 Series C $85M 3 Santander US — Detail
May 13, 2020 Series B — 2 BMW i Ventures — Detail
Feb 1, 2018 Series A — 1 Mouro Capital — Detail
Aug 24, 2017 Series A $10M 3 Crosslink Capital — Detail
May 27, 2016 Series Unknown $17M 6 Crosslink Capital — Detail

Investors

Number of Lead Investors
Number of Investors
5
19
AutoFi is funded by 19 investors. Santander US and BMW i Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Santander US Yes Series C
BMW i Ventures Yes Series B
Crosslink Capital — Series C
SVB Financial Group — Series C
Mouro Capital — Series B
Ford Motor — Series A
Lerer Hippeau — Series A
Bruce Toll — Series Unknown
Max Ventures — Series Unknown
Reshape — Series Unknown

Employee Profiles

Number of Employee Profiles
12
AutoFi has 12 current employee profiles, including Executive Kevin Singerman
Executive
Board member
Executive
Employee
Executive