Automatic Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 9

Employees

  • Latest Deal Type
  • Crowdfunding

  • Latest Deal Amount
  • $55K

  • Investors
  • 6

Automatic General Information

Description

Operator of an automotive tech platform intended to create a collaboration between auto dealers and institutional investors. The company's platform streamlines the loan process, helps dealerships boost vehicle sales by reducing funding and titling and maintains transparency at every step, enabling the automotive financing industry to have quick and smooth syndication of auto loans.

Contact Information

Website
www.automaticusa.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1216 Hartford Turnpike
  • Suite D
  • Vernon, CT 06066
  • United States
+1 (510)
Primary Industry
Financial Software
Other Industries
Other Financial Services
Vertical(s)
Mobility Tech, Artificial Intelligence & Machine Learning
Corporate Office
  • 1216 Hartford Turnpike
  • Suite D
  • Vernon, CT 06066
  • United States
+1 (510)

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Automatic Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Equity Crowdfunding 01-Jan-2023 $55K Completed Generating Revenue
3. Early Stage VC 06-Dec-2021 Completed Generating Revenue
2. Seed Round 03-Oct-2021 $361K $1.74M Completed Generating Revenue
1. Equity Crowdfunding 01-Dec-2020 $1.38M $1.38M Completed Generating Revenue
To view Automatic’s complete valuation and funding history, request access »

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Automatic Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Automatic Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Bay Wharf Capital Venture Capital Minority
Gaingels Venture Capital Minority
ICBM Venture Capital Venture Capital Minority
Invicta Ventures Venture Capital Minority
Knockout Capital Hedge Fund Minority
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Automatic FAQs

  • When was Automatic founded?

    Automatic was founded in 2020.

  • Where is Automatic headquartered?

    Automatic is headquartered in Vernon, CT.

  • What is the size of Automatic?

    Automatic has 9 total employees.

  • What industry is Automatic in?

    Automatic’s primary industry is Financial Software.

  • Is Automatic a private or public company?

    Automatic is a Private company.

  • What is Automatic’s current revenue?

    The current revenue for Automatic is .

  • How much funding has Automatic raised over time?

    Automatic has raised $2.41M.

  • Who are Automatic’s investors?

    Bay Wharf Capital, Gaingels, ICBM Venture Capital, Invicta Ventures, and Knockout Capital are 5 of 6 investors who have invested in Automatic.

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