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]. Total raised: $10.5mm. See: TechCrunch.

Zag 249

Zag Truecar Venture Capital CarsDirect 249

socalTECH

APRIL 1, 2009

According to Zag, the firm will provide a turnkey, fully integrated auto buying program for the site, which will offer resources to research and compare vehicles, read AAA editorial reviews, and configure and purchase vehicles. Financial details of the win was not disclosed.

Zag 100

Zag Services Arcturus GRP Partners 100

socalTECH

OCTOBER 6, 2008

Santa Monica-based Zag, which is developing software for auto buying programs, has signed on another AAA group as a customer. According to Zag, AAA Mid-Atlantic has just unveiled a auto buying program which is powered by the firm's software. million members. The deal includes both providing new and used cars for AAA Mid-Atlantic.

Zag 100

Zag CarsDirect Arcturus GRP Partners 100

socalTECH

JUNE 10, 2009

Santa Monica-based Zag.com , the online auto buying technology firm headed by Scott Painter, said Wednesday that the firm has sold its 50,000th car through its online auto-buying affinity programs. Zag has received funding from USAA, Capricorn Investment Group, LLC, GRP Partners and Anthem Venture Partners. over MSRP on their autos.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

socalTECH

JUNE 17, 2009

We allow them to post their requests, with the highest price posting for shares at the top of the list for buyers, and the reverse for sellers. That makes it easy, so that when someone comes to a page and wants to transact in shares, they can see what the most attractive bid and ask prices are.

Startup 124

Startup Zag Venture Capital Equity 124