dm.
Latest round
- Series A
Last raised
- Mar 2021
Total raised
- $10M
Investors
- 3
About dm.
Founded in 2018 and headquartered in Irvine, US, Digital Motors Corporation focuses on enhancing automotive sales through technology. In June 2022, the company was acquired by TrueCar, Inc.8 million, which has allowed for an expansion in their e-commerce capabilities.Digital Motors offers a unique suite of marketing solutions and data-driven tools that link automotive dealers with buyers. Their platform targets consumers looking to purchase vehicles within a 30-60 day window and utilizes competitive insights for effective marketing.Digital Motors' revenue model is centered on service transactions that create value for automotive dealers. Their flagship TrueCar Marketing Solutions employs a performance-based pricing structure, linking dealer costs to lead generation and sales conversions.With the completion of the acquisition by TrueCar, Inc. in June 2022, Digital Motors plans to accelerate its product roadmap and e-commerce capabilities. The company aims to launch new products that will enhance consumer engagement and expand its market presence in the automotive sector.
Who invested in dm.
3 investors across 1 round
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Funding rounds
Series A
Mar 9, 2021
Amount
$10M
Investors
Questions about dm.
Who invested in dm.?
dm. has 3 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 dm. raised?
dm. has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did dm. last raise money?
dm.'s most recent round on record is a Series A, in Mar 2021.
What does dm. do?
Founded in 2018 and headquartered in Irvine, US, Digital Motors Corporation focuses on enhancing automotive sales through technology.
Where is dm. headquartered?
dm. is headquartered in Irvine, US.
Which VCs invest in companies like dm.?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at dm.'s stage. Their profiles are linked below.
VCs backing software startups at Series A
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