socalTECH

MARCH 22, 2010

Santa Monica-based Zag , which develops online car buying software, announced Monday that it has hit the 100,000 cars sold mark on its service. Zag, which also says it reached profitability in August 2009, said consumers saved over $350M over MSRP by using its programs. in venture funding. READ MORE>>.

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Zag Santa Monica Software Organization 160

socalTECH

JANUARY 22, 2009

Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size.

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Zag Funding Tech Coast Angels Arcturus 100

socalTECH

JANUARY 22, 2009

Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has raised around $32.4M A spokesperson for Zag told socalTECH that a round had closed, but would not confirm the investors or details of the round.

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Zag Tech Coast Angels Arcturus GRP Partners 100

socalTECH

FEBRUARY 5, 2009

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. According to USAA, it is taking an equity position in Zag, which is also providing the firm with its car buying services.

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Zag Invest CarsDirect Venture Capital 100

socalTECH

JUNE 10, 2009

The firm, which develops technology that allows consumers to fully configure and price autos from affinity groups like credit unions, AAAs, and other groups, claimed that the firm has saved its buyers over $83.5M Zag has received funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. READ MORE>>.

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Zag GRP Partners Anthem Santa Monica 100

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. Money to be used for hiring and additional product development.

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Zag Truecar Venture Capital CarsDirect 248

Startup Professionals Musings

OCTOBER 5, 2011

Zigging and zagging amongst the obstacles is the fun part of being an entrepreneur, and it’s what sets you apart from the average worker who knows exactly what he or she has to do every day to get paid. After the initial zigs and zags to get profitable, it is time to formalize and document the processes that worked.

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Zag Entrepreneur Startup Resource 102