Blip Technologies

SoftwareSeedSanta Monica, UScarblip.com

Latest round

Seed

Last raised

Jun 2018

Total raised

$2M

Investors

2

About Blip Technologies

Blip Technologies, Inc.Founded in 2017, Blip Technologies, Inc. is headquartered in Santa Monica, US. The company offers a digital platform connecting customers with dedicated concierges to assist with car purchases.CarBlip primarily focuses on providing a digital automotive concierge service that simplifies the car buying and leasing process for consumers. The service connects customers with a dedicated CarBlip Concierge who assists them in selecting their desired vehicle from a catalog of over 30 different brands, including manufacturers such as Toyota, Honda, BMW, and Bentley. CarBlip facilitates the entire transaction process, from vehicle selection to delivery, ensuring a seamless experience for the end users.Revenue for CarBlip is generated primarily through its concierge services, which involve a commission-based structure from the dealerships that fulfill the sales transactions. Clients engage in direct-to-consumer transactions where the CarBlip Concierge negotiates prices on behalf of the customers, effectively positioning CarBlip as a broker in the automotive market. The company’s business model emphasizes transparency and customer service, where clients do not incur additional fees beyond the vehicle purchase price. Each transaction is tailored to the individual needs of the customer, enabling CarBlip to build lasting relationships with its clientele.Blip Technologies, Inc. Plans include launching new features by the end of 2024 aimed at providing customers with improved vehicle selection tools and a more robust user interface. Additionally, the firm is targeting expansion into other US states beyond California by 2025 to reach a larger customer base and offer its services more widely.

Who invested in Blip Technologies

2 investors across 1 round

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Funding rounds

  1. Seed

    Jun 26, 2018

    Amount

    $2M

    Investors

    Locked

Questions about Blip Technologies

Who invested in Blip Technologies?

Blip Technologies has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Blip Technologies raised?

Blip Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Blip Technologies last raise money?

Blip Technologies's most recent round on record is a Seed, in Jun 2018.

What does Blip Technologies do?

Blip Technologies is a software company.

Where is Blip Technologies headquartered?

Blip Technologies is headquartered in Santa Monica, US.

Which VCs invest in companies like Blip Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Blip Technologies's stage. Their profiles are linked below.

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