CarForce Obtains New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=57bebb2d-f80f-4a17-9b23-63c2cd80d5c9 - Date
10/4/2016 - Company Name
CarForce - 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
http://www.thecarforce.com - Transaction Type
Venture Equity - Transaction Amount
Undisclosed - Transaction Round
Undisclosed - 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
Investor
