socalTECH

MAY 16, 2014

Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is trading on the NASDAQ Global Select Market as TRUE. truecar true buying service scott painter' million shares of its stock at $9 per share. The pricing was below the company''s earlier, estimated IPO range of $12.00

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Truecar Pricing Arcturus Anthem 147

socalTECH

APRIL 4, 2014

Santa Monica-based TrueCar has filed for an IPO, saying Friday that it is looking to raise up to $125M on the NASDAQ Global Select Market as TRUE. TrueCar--which is led by Scott Painter--is backed by USAA, Capricorn Investment Group, Upfront Ventures, Anthem Ventures, Vulcan Capital Growth Equity, and Peppy Capital Partners.

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Truecar Anthem Santa Monica Pricing 159

socalTECH

DECEMBER 12, 2013

Santa Monica-based online car buying technology provider TrueCar said this morning that it has raised $30M in a new round of funding, from Vulcan Capital, the venture funding arm of Microsoft co-founder Paul Allen. TrueCar said the new funds will go towards market expansion, product development, and to build its brand.

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Truecar Capital Santa Monica Venture Capital 187

socalTECH

AUGUST 8, 2016

Santa Monica-based TrueCar --which has been in the midst of extending the olive leaf out to car dealers put off by its pricing pressure--said it has updated its "Dealer Pledge" initiative, improving its efforts to address concerns of its dealers. TrueCar posted the updated pledge online. READ MORE>>.

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Truecar Santa Monica Pricing Custom 100

socalTECH

FEBRUARY 26, 2013

In a sign of how large of an effect Santa Monica-based TrueCar has had on the automotive industry, the company said Tuesday afternoon that its dealer partners have just surpassed 700,000 new and used vehicles sold using its sites. TrueCar's data from those purchasing programs fuel the data it uses on its consumer facing website.

Truecar 174

Truecar Sales Software Review Pricing 174

socalTECH

APRIL 5, 2011

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, has scored a new, equity investment and partnership with direct marketing firm Guthy-Renker , the firm announced today. Financial terms of the investment were not disclosed. READ MORE>>.

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Truecar Invest Edmunds Santa Monica 232

socalTECH

SEPTEMBER 16, 2011

Santa Monica-based TrueCar , the publisher of real-time automotive pricing information headed by Scott Painter, said yesterday afternoon that it has appointed Todd Daum as Chief Marketing Officer. Daum joins TrueCar from Automoti.com, where he was Chief Operating Officer. Automoti.com was sold to Hertz in 2009. READ MORE>>.

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Truecar Santa Monica Yahoo Pricing 154

socalTECH

FEBRUARY 17, 2015

Santa Monica-based car buying technology and marketplace operator TrueCar said this morning that it has rolled out two new, television ads featuring dogs in cars, and the voice of Wen Wilson. TrueCar said its first spot is called "True Love" , and focuses on the "love affair between dogs and cars". READ MORE>>.

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Truecar Santa Monica Advertising Marketing 100

socalTECH

JANUARY 9, 2017

Santa Monica-based TrueCar is continuing its outreach to car dealers--looking to patch up what had been a fairly contentious relationship with both dealers who list and do not list automobiles on its site--saying it is releasing an updated "Dealer Pledge".

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Truecar Santa Monica Conference Sites 100

socalTECH

APRIL 2, 2012

Santa Monica-based TrueCar , the online car purchasing firm headed by Scott Painter, is further ramping up its outreach to dealers, saying this morning that it has formed a new "National Dealer Council" which will work with experienced dealers to recommend and improve collaboration between the company and auto dealers. READ MORE>>.

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Truecar Santa Monica Pricing Services 145

socalTECH

MARCH 21, 2016

Santa Monica-based TrueCar has begun ranking vehicles, based on how well their values hold up in the pre-owned vehicle market, through an annual "TrueCare Pre-Owned Value Awards" program, the company said over the weekend.

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Truecar Santa Monica Metrics Pricing 100

socalTECH

DECEMBER 13, 2010

Santa Monica-based TrueCar , the online car pricing site headed by Scott Painter, reports this morning that it has now sold more than 200,000 cars through its online car buying and pricing platform. TrueCar said the number comes less than a year from when it reached an initial, 100,000 car sales, which occurred earlier this year.

Truecar 174

Truecar Zag Santa Monica Pricing 174

socalTECH

MARCH 28, 2016

Santa Monica-based TrueCar said over the weekend that it has made a major overhaul to its user experience, adding a number of features which specifically reach out to dealers, in addition to helping out its consumers.

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Truecar Santa Monica Pricing Sites 100

socalTECH

OCTOBER 26, 2010

Santa Monica-based TrueCar , the car pricing startup headed by Scott Painter, has announced a new product today, focused on used vehicle pricing. According to TrueCar, its new ClearBook service will provide a used vehicle pricing index, based on pure computational analytics, using the firm's ability to tap into aggregated used car listings.

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Truecar Pricing Guide Santa Monica 154

socalTECH

MARCH 3, 2021

Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team.

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Truecar Santa Monica Equity Design 203

socalTECH

JANUARY 14, 2010

Santa Monica-based TrueCar , the spinout of Zag Automotive which provides data on new car pricing, said today that it has partnered with automotive online marketing firm HomeNet Automotive. According to TrueCar, it will delier new car pricing data and information to HomeNet's Inventory Online Internet Marketing Suite.

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Truecar Zag Santa Monica Pricing 140

socalTECH

JULY 21, 2014

One of Southern California''s big success stories -- from startup, to venture funding, and a recent IPO--is Los Angeles-based TrueCar , which had its IPO in May. What''s been the hardest part of getting TrueCar to where it is today? Consumers are paying as much as 30 percent more for the same car, in the same month, in the same market.

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Truecar Entrepreneur Southern California .Net 209

socalTECH

APRIL 8, 2009

Santa Monica-based TrueCar , the automotive pricing spinout of Zag, said today that it is targeting dealers with a new web site, to help dealerships price vehicles based on market data. TrueCar said that the new service will help dealers to "optimize" their vehicle pricing. Tags: truecar automotive. READ MORE>>.

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Truecar Zag Santa Monica Pricing 113

socalTECH

JULY 1, 2009

Santa Monica-based TrueCar announced today that it has snagged an executive from Edmunds.com for its new Vice President of Product Management. TrueCar is a car pricing site which was spun out of automotive software firm Zag; the firm is venture backed by Anthem Venture Partners, Global Retail Partners, and Capricorn. READ MORE>>.

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Truecar Edmunds Zag Anthem 100

socalTECH

AUGUST 18, 2009

Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, annoucned today that it has hired the Chief Evangelist from Edmunds. Tags: truecar executive edmunds automotive pricing. Toprak spent nine years at Edmunds, in addition to earlier experience at automotive franchises. READ MORE>>.

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Edmunds Truecar Zag Santa Monica 100

socalTECH

MARCH 6, 2013

According to the two companies, the move will create a new marketplace for private growth companies, which combines NASDAQ OMX's experience in the market and resources, and SharesPost's web-based platform for trading private stock. As part of the deal, NASDAQ will retain a majority stake in the new NASDAQ Private Market (NPM).

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CarsDirect Marketing Incubator Truecar 170

socalTECH

DECEMBER 21, 2010

Today, we share the thoughts of Scott Painter the CEO and founder of TrueCar , as well as a number of other successful firms and startups in Southern California. They're not household names, they're many contrarians thriving in a down market. Yesterday, we heard from DFJ Frontier's David Cremin.

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Truecar Southern California High Tech Startup 203

Both Sides of the Table

APRIL 1, 2014

If you’ve watched any industry in the last 20 years where technology has begun to transform how the industry works the results are always predictable driven by what Clay Christensen appropriately called “ The Innovator’s Dilemma ” (one of the most influential books that changed my thinking about markets).

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Startup Truecar Hulu Pricing 338

socalTECH

MAY 5, 2021

Scott Painter was the founder of TrueCar, CarsDirect, and Fair.com. Power's data for comprehensive dataset for vehicle valuations, residual value forecasts and insights on consumer preferences and experiences, according to Painter. NXCR quitely raised $30M in funding back in February.

CarsDirect 113

CarsDirect Truecar Santa Monica Startup 113

Both Sides of the Table

JULY 1, 2010

The consumer product they’ve created is called TrueCar. Company plans to use the capital to build out sales and marketing and r&d. -a Makes money by partnering with brands and marketers to publish location-triggered content. And it carries no inventory. a fbFund winner. Competitors: Omniture , Webtrends.

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Zag Truecar Venture Capital CarsDirect 248

socalTECH

OCTOBER 27, 2010

Santa Monica-based TrueCar , the online car pricing site run by Scott Painter, said today that it has named Stephen Hansen as the firm's new President and COO. Hansen reports to Painter, and will head up strategic planning, product and technology development, and marketing, among other duties. READ MORE>>.

Truecar 140

Truecar Santa Monica Pricing Report 140

socalTECH

JUNE 12, 2018

Torrance-based Phyn , a startup which is bringing a high tech, whole home water usage and monitoring system to market, is announcing today that it has named Mariel Devesa as Global Head of Business Development.

Belkin 100

Belkin Torrance Truecar High Tech 100

Both Sides of the Table

OCTOBER 8, 2014

If you want the full SlideShare deck with many slides not in either post it’s in this link –> The LA Tech Market. Has it begun to mature or is it just better marketed than in was say 5 years ago? Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly.

Entrepreneur 376

Entrepreneur Snapchat Startup Truecar 376

socalTECH

SEPTEMBER 19, 2017

Painter, who was previously CEO and founder of TrueCar, and has a long history in the automotive purchasing and financing industry, sat down with us to discuss Fair, what he learned at TrueCar, and how he hopes Fair will transform the auto industry. How did you decide to tackle this particular area of the market?

Startup 124

Startup Truecar Pricing Entrepreneur 124

socalTECH

JANUARY 30, 2018

Scott Painter was most recently founder and CEO of TrueCar, and prior to that, was founder and CEO of CarsDirect.com. 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. READ MORE>>.

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Truecar Equity Los Angeles Activity 100

socalTECH

MARCH 28, 2012

According to SharesPost, as of Friday, end of day, it will cease transactions in Facebook, on request of Facebook, to enable Facebook's "orderly transition into the public markets". SharesPost is headed by Greg Brogger, and is backed and was co-founded by TrueCar's Scott Painter. READ MORE>>.

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Truecar Social Network Sites Networking 124

Both Sides of the Table

FEBRUARY 9, 2013

I researched the pricing of the car at TrueCar – not because we’re an investor – but because it gives you complete price transparency over what other people in your area paid for a car. “Invoice price” is an equally meaningless marketing tool. . But I digress.

Conference 398

Conference Technical Review Truecar Software Review 398

socalTECH

SEPTEMBER 14, 2016

Local exits: TrueCar, Gravity, Maker Studios. Most recent investments: Zingle, Thrive Market, Fluent, Comparably. Here are the venture firms who have been most active in SoCal (Santa Babrara - Los Angeles - Orange County - San Diego) in the last twelve months, based on the number of deals: 1. Upfront Partners - 11 deals.

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Southern California Dollar Shave Club Lootcrate Orange County 100

socalTECH

DECEMBER 22, 2020

Two new additions to our portfolio companies stand out in particular: NextCar (Scott Painters latest disruptive LA-based automotive market play) and Transmute (Karyl Fowlers Austin-based supply chain identity and credentialing platform).

Capital 124

Capital Technical Review Truecar Southern California 124

Both Sides of the Table

NOVEMBER 13, 2014

Thus began my marketing campaign. billion IPO), HealthDataInsights (Las Vegas, $400 million) as well as LA (Maker Studios $1 billion, TrueCar $1.3 Having been at Battery Ventures for 5 years earlier in her career has given her the investor vantage point and years of seeing booming markets and contracting ones.

Venture Capital 408

Venture Capital Startup Outsource Development CitySearch 408

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.

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Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

SEPTEMBER 19, 2014

Eleven months later, of that list, there were two IPOs from companies headed by those entrepreneurs: one from Frank Addante of Rubicon Project (IPO market cap at $555.6M) and the other from Scott Painter of TrueCar (IPO market cap of $747M); and three acquisitions, with one from Jeff Zwelling of Convertro (acquired by AOL for $101M); another from Brian (..)

SoCalTech 166

SoCalTech Acquisition Southern California Truecar 166