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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.
Santa Monica-based TrueCar , the automotive software and purchasing service headed by Scott Painter, claims this morning that it has saved more than $1 billion for car consumers. TrueCar'splatform is used by automotive discount and purchasing programs from credit unions and others, as well as by dealers with upfront pricing programs.
Santa Monica-based TrueCar , the online automotive purchasing program and technology developer, has just topped 500,000 cars sold on its platform, the firm reported this morning. The numbers reflect some momentum to the firm's services, which took five years to sell the first 100,000 vehicles.
Santa Monica-based TrueCar announced late Thursday that it has acquired a 20 percent stake in Accu-Trade , a provider of vehicle apparisal technology. TrueCar said that it will use Accu-Trade to power its TrueCar Trade platform, which will offer up user-friendly, real-time valuations for consumers trading their cars into dealers.
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. Includes 70,000 apps for all major mobile OS platforms, including Apple’s. Investing much of new cash to build presence in Android platform.
Santa Monica-based automotive technology platformTrueCar Inc.’s s sales tumbled as supply chain issues rocked the company, according to its third quarter earnings report.
Santa Monica-based TrueCar, which operates a digital marketplace for automobiles, says it has linked with Capital One to offer up pre-qualification for its buyers. According to TrueCar, the new link with Capital One allows eligible shoppers to pre-qualify for auto financing through participating lenders Capital One and Westlake Financial.
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. Brogger was at CarsDirect with Scott Painter, who heads up TrueCar. SharesPost is now up in San Bruno.
But many people forget that we have 2 relatively recent IPOs that are substantive companies: TrueCar (Upfront backed) & Cornerstone OnDemand. If you throw in Oculus into the mix along with TrueCar, Rubicon, Burstly, Beats and others LA Tech has seen more than $8 billion in exits in 2014 alone. Deflationary Economics now favors us.
Irvine-based Digital Motors , which develops an online car sales platform for car dealers, said this week that it has named Paul Edmonds as its VP of Customer Success. Digital Motors develops an online platform that allows car dealerships to offer up online sales, and was founded in 2018. READ MORE>>.
Williams was most recently at TrueCar, where LootCrate said he created the unified data platform and technology strategy behind the company. Los Angeles-based subscription box service Loot Crate said today that it has hired its first CTO, John Williams. Downey Ventures, M13, and SterlingVC.
GRP’s biggest winners over the years have not only come from LA (Overture, CitySearch, TrueCar) but from Chicago (Envestnet, Ulta), Las Vegas (HDI), Baltimore (BillMeLater), New York (DealerTrack), London (LastMinute.com) and other locations.
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).
Two new additions to our portfolio companies stand out in particular: NextCar (Scott Painters latest disruptive LA-based automotive market play) and Transmute (Karyl Fowlers Austin-based supply chain identity and credentialing platform).
And despite what I keep hearing from others – these are not content “hit businesses&# they are “content production platforms&# that are producing scale like I’ve never seen and at a cost structure that is astounding. Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners).
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.
Presenting companies included: Add This, Cognitive Networks, TrueCar, Trunk Club, Invidi, ID.me, Datacratic, BeyondCORE, ParkMe and many more. This honor was presented to ShipHawk, described as the kayak.com of shipping, allowing users to ship anything, anywhere from one platform. “We
He knows the history of all of the payment gateways, mobile payment platforms, credit offerings, remittance companies, etc. Our biggest returns were outside Silicon Valley: Overture (LA), CitySearch (LA), BillMeLater (Baltimore), Ulta (Chicago), Envestnet (Chicago), HDI (Las Vegas), PF Changs (Arizona), TrueCar (LA).
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