NewOrderAuto
Latest round
- Seed
Last raised
- Jan 2013
Total raised
- $3.4M
Investors
- 7
About NewOrderAuto
NewOrderAuto, Inc.Founded in 2011, NewOrderAuto, Inc. is based in Seattle, US. The company specializes in providing a platform for private automobile sales. The founders include Grant Feek, Molly Banks, Peter Kirby, and Will Smith, with Grant Feek serving as CEO.NewOrderAuto's core offering revolves around a digital marketplace that facilitates the buying and selling of vehicles between private sellers and buyers. The platform enables users to chat with verified sellers, schedule test drives, and make offers online, all while ensuring a streamlined transaction process.NewOrderAuto operates on a commission-based revenue model, earning fees from transactions between buyers and sellers facilitated through its platform. Each successful sale involves the platform collecting payment from the buyer and disbursing the funds to the seller electronically. This transaction structure ensures that the seller's existing loan can be paid off as part of the sale process, guaranteeing a smooth transfer of ownership. While specific pricing details for services are not disclosed, the model reflects a B2C approach, directly connecting consumers with private sellers.In November 2021, NewOrderAuto, Inc. The company plans to utilize these funds to invest in product development, expand its locations and services throughout the country, and further enhance partnerships. Specific details on upcoming new product launches or targeted geographic regions for expansion have not been disclosed.
Who invested in NewOrderAuto
7 investors across 2 rounds
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Questions about NewOrderAuto
Who invested in NewOrderAuto?
NewOrderAuto has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has NewOrderAuto raised?
NewOrderAuto has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did NewOrderAuto last raise money?
NewOrderAuto's most recent round on record is a Seed, in Jan 2013.
What does NewOrderAuto do?
NewOrderAuto is a retail company.
Where is NewOrderAuto headquartered?
NewOrderAuto is headquartered in Seattle, US.
Which VCs invest in companies like NewOrderAuto?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at NewOrderAuto's stage. Their profiles are linked below.
VCs backing retail startups at Seed
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