CarForce Obtains New Financing

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    Undisclosed Houston, TX 77001 USA
  • Company Description
    CarForce has developed a cloud-based SaaS solution that leverages connected car telematics to provide dealerships with real time updates on the health of their customer’s vehicles; enabling dealers to provide their customers with a white glove customer service experience including remote diagnostics while increasing service- and customer retention revenue.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
  • Proceeds Purposes
    The company intends to use the funds to initially target Texas and California and then expand nationally.
  • M&A Terms
  • Venture Investor
    Digitech Venture Capital Fund
  • Venture Investor

Trending on Xconomy