BacklotCars
2014
FOUNDED
PRIVATE
STATUS
Series B
LATEST DEAL TYPE
$25M
LATEST DEAL AMOUNT
17
INVESTORS
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, enabling auto dealers and car companies to transact and liquidate inventory direct to their end-market without having to go to physical auctions.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Commercial Services
Primary Office
- Kansas City, MO
- United States
+1 (855) 000-0000
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BacklotCars Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Early Stage VC (Series B) | 15-Apr-2019 | $25M | 0000 | 00000 | Completed | Generating Revenue |
| 4. Early Stage VC (Series A) | 07-Dec-2018 | 0000 | 0000 | 0000 | 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 Competitors (4)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| ACV Auctions | Venture Capital-Backed | Buffalo, NY | 000 | 00000 | 00000000000 | 00000 |
| 00000 | Private Equity-Backed | Carmel, IN | 00000 | 00000 | 000000000000 | 00000 |
| 0000000 | Corporate Backed or Acquired | Atlanta, GA | 00000 | 000000&0 | ||
| 00000000 | Corporate Backed or Acquired | Toronto, Canada | 000 | 0000 | 00000000000 | 0000 |
BacklotCars Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Stripes Group | Growth/Expansion | Minority | 000 0000 | 000000 0 | ||
| Chaifetz Group | PE/Buyout | Minority | 000 0000 | 000000 0 | ||
| Gelt Venture Capital | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| KCRise Fund | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Origin Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
BacklotCars Executive Team (4)
BacklotCars Board Members (1)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Steven Miller | Origin Ventures | Board Member | 000 0000 |