BacklotCars Overview
- Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
189

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$421M
- Investors
-
2
BacklotCars General Information
Description
Operator of an online marketplace intended to make wholesale automotive deals simple and transparent. The company's marketplace provides inspections, transportation, and inventory finance services eliminating the need to hold physical auctions and go direct to their end-market, enabling auto dealers and car companies to transact and liquidate inventory.
Contact Information
Website
www.backlotcars.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Office
- 1100 Main Street
- Suite 1500
- Kansas City, MO 64105
- United States
+1 (855) 000-0000
BacklotCars Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Merger/Acquisition | 12-Nov-2020 | $421M | 0000 | 00000 | Completed | Generating Revenue |
7. Later Stage VC (Series B) | 15-Apr-2019 | 0000 | 0000 | 00000 | Completed | Generating Revenue |
6. Secondary Transaction - Private | 0000 | Completed | Generating Revenue | |||
5. Early Stage VC (Series A) | 07-Dec-2018 | 0000 | 0000 | 0000 | Completed | Generating Revenue |
4. Seed Round | 01-May-2017 | 000 | 000 | Completed | Generating Revenue | |
3. Angel (individual) | 27-Oct-2015 | 000 | 000 | 000.00 | Completed | Generating Revenue |
2. Accelerator/Incubator | 24-Apr-2015 | Completed | Generating Revenue | |||
1. Accelerator/Incubator | 22-Jan-2015 | Completed | Generating Revenue |
BacklotCars Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series A2 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series A1 | 8,679,084 | $0.000010 | $0.92 | $0.92 | 1x | $0.92 | 20.59% | |
Seed | 7,009,025 | $0.000010 | $0.78 | $0.78 | 1x | $0.78 | 16.63% |
BacklotCars Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of an online marketplace intended to make wholesale automotive deals simple and transparent. The company's mark
Automotive
Kansas City, MO
189
As of 2020
0000
0000
0000-00-00
000000&0
0000
BacklotCars Competitors (6)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Autorola Uk Ltd | Corporation | Macclesfield, United Kingdom | ||||
00000 | Formerly PE-Backed | Carmel, IN | 0000 | 00000 | 000000&0 | |
0000000 | Corporate Backed or Acquired | Atlanta, GA | 00000 | 000000&0 | ||
000 00000000 | Formerly VC-backed | Buffalo, NY | 0000 | 00000 | 00000000 | 00000 |
0 000. | Formerly PE-Backed | Toronto, Canada | 000 | 00000 | 00000000 | 00000 |
BacklotCars Executive Team (7)
BacklotCars Signals
BacklotCars Former Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
500 Global | Venture Capital | Minority | 000 0000 | 000000 0 | |
Arjun Sethi | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Chaifetz Group | Family Office | Minority | 000 0000 | 000000 0 | |
Charle Seely | Angel (individual) | Minority | 000 0000 | 000000 0 | |
David McClure | Angel (individual) | Minority | 000 0000 | 000000 0 |