DealerRater Receives Great Hill's Seal of Approval
December 06, 2013
Great Hill Partners has completed a growth equity investment in car dealer review website DealerRater through its $1.1 billion fourth fund. With 1.2 million consumer reviews, DealerRater's site provides consumers with content on automobile purchases and servicing. Additionally, its platform provides auto dealers a suite of reputation management and content marketing solutions. DealerRater will use the financing to continue its global expansion, accelerate product innovation and invest in additional sales and marketing resources. The company will continue to evaluate strategic acquisition opportunities, with additional equity capital available from Great Hill.