socalTECH

OCTOBER 11, 2011

Another investor has surfaced in the latest funding round for Santa Monica-based TrueCar , the online automotive pricing and research firm headed by Scott Painter. According to Colorado-based Keating Capital, it participated in a $50M, common stock financing round in TrueCar which closed on September 26th.

Truecar 124

Truecar GRP Partners Santa Monica Pricing 124

socalTECH

FEBRUARY 22, 2021

According to the email from Painter, the funding is the company's first external equity financing. Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others.

Seed Funding 113

Seed Funding Truecar Funding Southern California 113

socalTECH

JANUARY 30, 2018

The company said that Fair is acquiring Uber's lease portfolio using both equity and debt funding, which was secured in Fair's recent funding round. Scott Painter was most recently founder and CEO of TrueCar, and prior to that, was founder and CEO of CarsDirect.com. for drivers seeking vehicle access for 30 days or longer.

Truecar 100

Truecar Equity Los Angeles Activity 100

socalTECH

SEPTEMBER 14, 2016

Local exits: TrueCar, Gravity, Maker Studios. a month, and which gives you access to this information, company profiles, contact names, and much more for local technology companies, venture investors from around the world, private equity, angel investors, and many others. Upfront Partners - 11 deals. Greycroft Partners - 10 deals.

Southern California 100

Southern California Dollar Shave Club Lootcrate Orange County 100

socalTECH

FEBRUARY 8, 2011

in an equity funding round. Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

Both Sides of the Table

DECEMBER 16, 2014

In recent years we’ve had big wins across all of our long term partners (Yves: Envestnet), (Steven: TrueCar), (Me: Maker Studios). So they will have allocations to US public equities, international public equities, emerging market public equities, real estate, mining, minerals and so forth. Who gave you the money?

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

socalTECH

NOVEMBER 2, 2011

GRP's investments include TrueCar, GOGII, Ad.ly, GumGum, among others. According to the filing, the fund is being managed by Steven Dietz, Brian McLoughlin, Yves Sisteron, and Mark Suster, and has just started fundraising efforts. GRP last closed on a fund--GRP III, L.P.--in READ MORE>>.

Gogii 162

Gogii GRP Partners Funding Truecar 162

socalTECH

FEBRUARY 10, 2011

LAVA inducted Mayor Riordan--who had a long and involved career in venture capital and private equity before his efforts in politics--into its LAVA Hall of Fame. Other finalists were Clicker.com , Truecar , and Zumbox.

LAVA 166

LAVA Zumbox Technology ReachLocal 166

socalTECH

SEPTEMBER 20, 2010

Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

AUGUST 4, 2011

Locally, those are companies like LegalZoom, GameFly, TrueCar, and ShoeDazzle. Instead, after a private equity firm offered to buy YLighting, we negotiated to keep the technology that we had developed. We sold it to a private equity group. What kind of customers are using the tool? There are lots of e-commerce companies.

Startup 210

Startup Marketing Ideas Custom 210

Both Sides of the Table

MARCH 17, 2010

Side note: LA seems to have had some success in mega deals led by private equity firms as evidenced by DemandMedia and Chris DeWolf’s latest company backed by more than $20 million in private equity. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners).

Company 290

Company Companies Technology Startup 290