# Carputty

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carputty

- Industry: Financial Services
- Headquarters: Atlanta, US
- Website: www.carputty.com/
- Total disclosed funding: $20M
- Latest round: Series B (Sep 9, 2026)
- Investors on record: 9

## About

Based in the US, Carputty Inc. provides a platform for users to refinance car payments and buy new or used cars directly from dealerships or retailers.

Based in Georgia, United States, and founded in 2020, Carputty Inc. provides digital vehicle financing and valuation services for the automotive industry. The company was co-founded by its CEO, Patrick Bayliss, and chief product officer Joshua Tatum. Carputty began as a direct lender centered on Flexline, then expanded into an asset-light, embedded-finance model and launched Flexloan with Westlake Direct in 2025. As of September 2026, the company continues to be led by CEO Patrick Bayliss and has raised more than USD 40 million in invested capital. The company was founded by its CEO, Patrick Bayliss, along with Joshua Tatum. In September 2026, Carputty Inc. raised an undisclosed amount of series B funding from TTV Capital, Fontinalis Partners, and Kickstart.

The company works with consumers, small businesses, dealers, lenders, and automotive-technology partners to provide digital vehicle financing and embedded-finance tools. Flexline offers reusable automotive credit of up to USD 250,000 for individuals and USD 800,000 for LLCs, supporting purchases, refinancing, lease buyouts, and multiple vehicles. Flexloan provides fixed-rate, single-vehicle financing through Westlake Direct. V³ Valuation tracks current and projected vehicle values to inform buying and selling decisions. Engineering, product, credit, data-science, capital-markets, partnerships, and operations teams support the platform, partner integrations, and customer dashboards.

The company’s revenue is generated by financing economics associated with Flexline and Flexloan. Under Flexline, approved consumers and businesses draw vehicle-specific advances and pay interest at disclosed rates and margins. For Flexloan, Westlake Direct originates the loan, Westlake Financial services it, and the customer’s APR includes an additional Carputty margin disclosed before closing. Carputty also distributes financing through dealerships and automotive-platform partnerships; however, public materials do not disclose separate subscription, licensing, or integration fees.

The company will use the September 2026 funding to support continued growth initiatives, including expanding its loan origination and servicing capabilities and integrating its embedded finance infrastructure more deeply across the automotive ecosystem.

## Funding rounds

- Series B, Sep 9, 2026 — TTV Capital, Kickstart, Fontinalis Partners
- Series A, Dec 6, 2022, $12M — TTV Capital, Kickstart, Fontinalis Partners, Grand Ventures, Porsche Ventures
- Seed, Aug 6, 2021, $7.2M — Kinetic Ventures, Kickstart, Aries Capital Partners, University Growth Fund
- Seed, Dec 1, 2020 — Alumni Ventures Group

## Investors

- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Kinetic Ventures (https://capitalatlas.ai/funds/kinetic-ventures) — Seed
- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed, Series A, Series B
- Aries Capital Partners (https://capitalatlas.ai/funds/aries-capital-partners) — Seed
- University Growth Fund (https://capitalatlas.ai/funds/university-growth-fund) — Seed
- TTV Capital (https://capitalatlas.ai/funds/ttv-capital) — Series A, Series B
- Fontinalis Partners (https://capitalatlas.ai/funds/fontinalis-partners) — Series A, Series B
- Grand Ventures — Series A
- Porsche Ventures (https://capitalatlas.ai/funds/porsche-ventures) — Series A