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TrueCar Buys Stake In Accu-Trade

socalTECH

Santa Monica-based TrueCar announced late Thursday that it has acquired a 20 percent stake in Accu-Trade , a provider of vehicle apparisal technology. Accu-Trade, which is based in Manheim, Pennsylvania, and provides a mobile app which offers up vehicle appraisals and valuations for dealers and consumers.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

The consumer product they’ve created is called TrueCar. A social analytics platform for Facebook app developers and publishers that provides detailed demographic and engagement data. Geodelic develops free mobile applications to easily browse your surroundings (restaurants, banks, businesses, etc). Total Raised: $21.4mm.

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Emotional Intelligence Technology To Light Up Santa Monica at 2015 Twilight Concert Series At The Pier

Tech Zulu Event

Truly a sight to see, TrueCar brings L.E.D. Utilizing technological innovations spun out of the renowned MIT Media Labs and visual artistry by GMUNK , TrueCar is melding the company’s data analysis and visualization abilities with new, entertainment technology. The TrueCar L.E.D. “TrueCar L.E.D.

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Why Has LA Suddenly Gotten So Much Attention from VCs and Entrepreneurs?

Both Sides of the Table

Of course most of you know SnapChat, Tinder & Whisper and many people immediately associate the success of Los Angeles under the SoLoMo banner (Social, Local, Mobile) and you wouldn’t be wrong. We see big data storage solutions and processing platforms. As Adam Sandler would say, “ not too shabby.”

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Bolstering the Partner Ranks at GRP

Both Sides of the Table

Greg was the first person to share with me the insights of mobile conversion and why with a simpler product selection and conversion funnel they would get higher conversion on mobile than on the web. We both wanted to put energy into GRP’s platform of services that provide more value to our investments than merely capital.

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Siemer Summit: Connecting Global Digital Media & Technology Leaders

Tech Zulu Event

The event also showcased a variety of promising startups from digital media, mobile, cloud, entertainment, advertising, and eCommerce. Presenting companies included: Add This, Cognitive Networks, TrueCar, Trunk Club, Invidi, ID.me, Datacratic, BeyondCORE, ParkMe and many more.

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Want to Start a Technology Company in LA?

Both Sides of the Table

It’s not uncommon for incredibly smart and talented Phd’s or CS majors from Stanford to raise $10 million on an early-stage “platform&# that if it succeeds it will be huge. Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners).

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