# Motorenn

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

- Industry: Retail
- Headquarters: Los Angeles, US
- Website: www.motorenn.com
- Latest round: Seed (Mar 7, 2022)
- Investors on record: 1

## About

Based in California, US, and founded in 2020, Motorenn Inc., doing business as Motorenn, operates as an automobile dealership firm that engages in the buying and selling of premium used cars. The company was founded by its COO Austin Haldeman, CEO David Chou, and Maximiliano Benedetto. In March 2022, Motorenn Inc. raised an undisclosed amount of seed funding from new investor PenFed Foundation Veteran Entrepreneur Investment Program.

Motorenn offers an automobile auction platform that allows users to buy, sell, and trade premium used cars of brands like BMW, Lamborghini, Ferrari, Mercedes, Bentley, and Rolls Royce. The company partnered with a wide range of lending and financing partners to offer customers various financing options for vehicles that they wanted to buy. In addition, the company provides maintenance and repair services for vehicles.

## Funding rounds

- Seed, Mar 7, 2022 — PenFed Foundation Veteran Entrepreneur Investment Program

## Investors

- PenFed Foundation Veteran Entrepreneur Investment Program (https://capitalatlas.ai/funds/penfed-foundation-veteran-entrepreneur-investment-program) — Seed