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

NOVEMBER 19, 2013

Santa Monica-based TrueCar , the auto pricing and sales company headed by Scott Painter, said late yesterday that it has sold its one millionth vehicle through its service, and that $31 billion in sales have gone through its network to date. TrueCar said that it saw around 400,000 sales alone in 2013. monthly retail vehicle sales.

Truecar 176

Truecar Sales Pricing Santa Monica 176

socalTECH

OCTOBER 9, 2012

TrueCar , the Santa Monica-based provider of auto buying and pricing software, is powering another online vehicle purchase service with a deal with Regions Bank , the company said today. Financial impact of the deal was not disclosed.

Truecar 150

Truecar Software Review Santa Monica Pricing 150

socalTECH

MARCH 26, 2012

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.

Truecar 169

Truecar Santa Monica Pricing Sales 169

socalTECH

SEPTEMBER 17, 2009

Santa Monica-based TrueCar , the automotive pricing startup headed by Scott Painter, said yesterday that it has rolled out a new, monthly consumer price report. The firm said that the monthly report will help consumers identify which cars have the most negotiating room, best deals, and other information. READ MORE>>.

Truecar 113

Truecar Pricing Report Zag 113

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

L.A. Business Journal

DECEMBER 10, 2018

RealD signs China deal; Katzenberg details Quibi plans; TrueCar buys DataScience

Truecar 100

Truecar Report 100

socalTECH

MARCH 19, 2012

Santa Monica-based TrueCar reported today that it has named Pat Watson as its new Vice President, Industry Relations. TrueCar said the move will go towards strengthening its relationships with the industry. Watson had been at the association for 39 years.

Truecar 154

Truecar Santa Monica Pricing Competition 154

socalTECH

DECEMBER 16, 2011

Auto maker Honda is taking direct aim at Santa Monica-based TrueCar , with threats to pull advertising allowances from dealers who list below invoice on the site, according to a report from the LA Times. In the report, the Times says that TrueCar is now on track to reach $100M in revenues this year. READ MORE>>.

Truecar 113

Truecar Santa Monica Pricing Report 113

socalTECH

AUGUST 3, 2011

Santa Monica-based TrueCar , the online provider of new car pricing reports, announced today that it has added Mike Maroone, President and Chief Operating Officer of AutoNation , to the firm's board of directors. TrueCar said that AutoNation is the country's largest automotive retailer. READ MORE>>.

Truecar 133

Truecar Santa Monica Pricing Report 133

socalTECH

DECEMBER 26, 2017

Santa Monica-based car startup Fair.com is acquiring the auto leasing business of Uber , according to a report from the WSJ today. Fair operates an auto car shopping/financing service, which is led by longtime industry veteran Scott Painter (formerly of TrueCar). Financial terms of the acquisition were not announced. READ MORE>>.

Report 100

Report Truecar Santa Monica Acquisition 100

L.A. Business Journal

APRIL 24, 2017

Upfront Ventures Joins Jeff Skoll, Paul Allen Investing Arms in $119M Sale of TrueCar Shares, Disney says more than 160 stations signed up for its clearinghouse, and The New York Times launches content and crossword puzzle on Snapchat.

Truecar 113

Truecar Sales Snapchat Invest 113

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>>.

Truecar 113

Truecar Zag Santa Monica Pricing 113

socalTECH

JULY 15, 2009

Santa Monica-based TrueCar , the automotive pricing spinout of Zag Automotive, disclosed Wednesday that the firm has inked distribution deals with five automotive websites. According to TrueCar, it will provide its price reports on Pricequotes.com , Carbuyingtips.com , Carzen.com , Carpricesecrets.com , and Cardevotion.com.

Truecar 100

Truecar Zag HTML 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>>.

Edmunds 100

Edmunds Truecar Zag Santa Monica 100

TechCrunch LA

JULY 10, 2019

” Citing a Bloomberg report, the site explains automakers may have had the worst first half for new-vehicle retail sales since 2013. Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar. Don’t buy, lease.

Services 212

Services Truecar Sales Blogging 212

socalTECH

APRIL 27, 2009

Santa Monica-based TrueCar has officially launched its new car pricing site today, saying that it is now providing consumers with details on the prices paid for people on cars in their area. TrueCar is venture backed by Zag, Anthem Venture Partners, Global Retail Partners, Capricorn, Capital One Auto Finance, and Arcturus Capital.

Truecar 100

Truecar Pricing Sites Zag 100

L.A. Business Journal

DECEMBER 14, 2017

Disney to Gain Control of Hulu after 21st Century Fox asset acquisition, TrueCar settles lawsuit with California New Car Dealers Association and Lily raises $2 million for personal stylist.

Hulu 113

Hulu Acquisition Truecar Report 113

L.A. Business Journal

DECEMBER 15, 2017

SpaceX launches Dragon on used Falcon 9; Cigna acquires Brighter for undisclosed amount; and TrueCar settles lawsuit with car dealer association.

SpaceX 100

SpaceX Truecar Report 100

socalTECH

FEBRUARY 7, 2011

Santa Monica-based TrueCar , the automotive pricing startup run by Scott Painter, is launching a new site today focused on used car pricing. TrueCar said that ClearBook will provide price guidance based on used car years, make, model, mileage, and conditions. TrueCar provides similar information for new cars. READ MORE>>.

Pricing 207

Pricing Truecar Santa Monica Sales 207

L.A. Business Journal

MAY 11, 2017

million to 'Biggest Loser' star Jillian Michaels for airing workout videos on YouTube, TrueCar adds pricing information to eBay Motors, and Lyft moving into space in Arts District. Lions Gate ordered to pay $5.8

Truecar 113

Truecar Pricing Report 113

Both Sides of the Table

JULY 1, 2010

The consumer product they’ve created is called TrueCar. Company reports 250,000 users in 49 countries with 1mm+ application downloads. While Zag is not a dealer if you measured it in terms of cars sold it would be in the top 5 auto dealers in the country. And it carries no inventory. Competitors: Skype. Total raised: $22mm.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

JANUARY 17, 2014

in the fourth quarter, according to the latest number from PricewaterhouseCoopers and the National Venture Capital Association, in its MoneyTree report. Other large deals included United Capital Financial Partners ($38.0M); Achates Power ($35.2M); TrueCar ($30.0M); and JustFab (also $30.0M). was invested in the region. For Q4, $8.4

Southern California 246

Southern California Venture Capital Orange County Tech Coast Angels 246

socalTECH

AUGUST 11, 2010

According to TrueCar and Zag, the three-year agreement includes a deal for Motor Trend Radio to broadcast and record its coverage from the TrueCar.com suite. TrueCar operates an online site which provides pricing data on cars, based on the actual sales prices from local dealers. Both TrueCar and Zag are headed by Scott Painter.

Zag 113

Zag Truecar Santa Monica Pricing 113

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

JULY 7, 2009

Santa Monica-based Zag.com , the online automobile buying service headed by Scott Painter, is reporting today that it had what is calls its "strongest sales so far this year" in June. Painter was previously CEO of CarsDirect, and is now involved with such firms as TrueCar and SharesPost. READ MORE>>.

Zag 100

Zag Sales CarsDirect Tech Coast Angels 100

Both Sides of the Table

OCTOBER 8, 2014

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.

Entrepreneur 376

Entrepreneur Snapchat Startup Truecar 376

Both Sides of the Table

NOVEMBER 8, 2011

It’s even more exciting when you can report an exit of a company that is a major win. Our other big wins came from Chicago (Ulta & Envestnet), Baltimore (BillMeLater), New York (DealerTrack) & LA (TrueCar). The tech market is filled with many stories of early-stage funding. ” Let me explain all three.

GRP Partners 285

GRP Partners Technical Review Truecar Invest 285

Both Sides of the Table

DECEMBER 16, 2014

I knew eventually people would realize that the Kauffman Report and all the talk of VC returns were rear-view mirror analyses. In recent years we’ve had big wins across all of our long term partners (Yves: Envestnet), (Steven: TrueCar), (Me: Maker Studios). Wait, didn’t you just raise a fund? Who gave you the money?

Venture Capital 396

Venture Capital Funding Technical Review Startup 396

Both Sides of the Table

MARCH 12, 2013

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. We settled on Venture Partner as is now being reported and also picked up here.

Venture Capital 360

Venture Capital GRP Partners Startup Invest 360

Tech Zulu Event

JUNE 28, 2012

Partners provided products and services including: Uber, Here on Biz, ParkMe, Simply Petals, Triptrotting, Bloodhound, Planana, Pop-Up Pantry, EventSorbet, ROC, Startup Car, Pulsoviral, TrueCar, PopChips, ONE Coconut water, Gamer Food, Zevia.

Hollywood 67

Hollywood Technical Review Startup Rustic Canyon 67

Both Sides of the Table

JUNE 8, 2014

TrueCar, an LA-based company, sells more cars now than any physical dealer in the country and recently went public and has a $1 billion market cap. It’s worth having a quick read of the first few paragraphs of their annual report. Indeed we have already seen the beginnings. CincyTech today has $28.5 We have invested $17.3

Startup 390

Startup Venture Capital Capital Funding 390

Both Sides of the Table

FEBRUARY 15, 2011

There is no region in the country that comes close to having the sheer number of angels & VCs that Silicon Valley has as well as the dollars that flow into the region (40% of all dollars, PwC Moneytree report ). Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). Brett Brewer has AdKnowledge.

Venture Capital 313

Venture Capital Southern California Google Startup 313