# Gauge Automotive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gauge-automotive

- Industry: Internet
- Headquarters: Salt Lake City, US
- Website: www.sellgauge.com
- Total disclosed funding: $8.9M
- Latest round: Seed (Dec 22, 2022)
- Investors on record: 3

## About

Based in Utah, US, and founded in 2020 by its CEO, Josh Hirahara, Gauge Automotive Inc. operates as an online auction platform that helps sellers get more for their vehicles while providing a solution for dealers to buy vehicles from private sellers. In February 2023, Gauge raised USD 5.3 million in seed funding, led by Maniv Mobility, with participation from FJ Labs and Proeza Ventures. As of March 2023, the company has inspected more than 8000 cars and operates in Arizona and Utah.

Gauge Automotive Inc. provides an auction platform for vehicle locating, inspection, titling, and transportation. Each vehicle is inspected, the condition report is uploaded to the company's online auction (StockUp), and the highest possible offer is returned. The company also handles the entire loan payoff process, including paperwork and sending in the payoff, and pays any positive equity on the spot. Furthermore, the company guarantees the condition of the vehicle to buyers.

## Funding rounds

- Seed, Dec 22, 2022, $8.9M — Maniv Mobility, FJ Labs, Proeza Ventures

## Investors

- Maniv Mobility (https://capitalatlas.ai/funds/maniv-mobility) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Proeza Ventures (https://capitalatlas.ai/funds/proeza-ventures) — Seed