The Lasso Overview
- Year Founded
-
2020
- Status
-
Acquired/Merged
- Employees
-
7
- Latest Deal Type
-
M&A
The Lasso General Information
Description
Developer of a car-selling mobile application designed to optimize operations at new dealerships. The company's platform streamlines the car-selling process by sharing vehicle details, enabling clients in the automotive industry to secure favorable offers quickly.
Contact Information
Website
www.thelasso.comCorporate Office
- 33 Irving Place
- Floor 9
- New York, NY 10003
- United States
Corporate Office
- 33 Irving Place
- Floor 9
- New York, NY 10003
- United States
The Lasso Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 09-Jan-2025 | Completed | Generating Revenue | |||
| 4. Seed Round | 08-Jul-2024 | Completed | Generating Revenue | |||
| 3. Seed Round | 25-Sep-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 07-Apr-2022 | $3M | $4.85M | Completed | Generating Revenue | |
| 1. Seed Round | 25-Nov-2020 | $1.85M | $1.85M | Completed | Generating Revenue |
The Lasso Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-2 | ||||||||
| Seed-1 | ||||||||
| Seed | 4,332,549 | $0.000100 | 8% | $0.43 | $0.43 | 1x | $0.43 | 13.17% |
The Lasso Comparisons
Industry
Financing
Details
The Lasso Competitors (4)
One of The Lasso’s 4 competitors is Cox Automotive, a Private Debt Financed company based in Atlanta, GA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Cox Automotive | Private Debt Financed | Atlanta, GA | ||||
| Internet Brands | Private Equity-Backed | El Segundo, CA | ||||
| Dealer Dot Com | Formerly VC-backed | Burlington, VT | ||||
| iSeeCars | Formerly Angel backed | Woburn, MA |
The Lasso Signals
The Lasso Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Contour Venture Partners | Venture Capital | Minority | ||
| Correlation Ventures | Venture Capital | Minority | ||
| Crosslink Capital | Venture Capital | Minority | ||
| Dupe Ventures | Venture Capital | Minority | ||
| Everywhere Ventures | Venture Capital | Minority |
The Lasso FAQs
-
When was The Lasso founded?
The Lasso was founded in 2020.
-
Where is The Lasso headquartered?
The Lasso is headquartered in New York, NY.
-
What is the size of The Lasso?
The Lasso has 7 total employees.
-
What industry is The Lasso in?
The Lasso’s primary industry is Business/Productivity Software.
-
Is The Lasso a private or public company?
The Lasso is a Private company.
-
What is The Lasso’s current revenue?
The current revenue for The Lasso is .
-
How much funding has The Lasso raised over time?
The Lasso has raised $19.6M.
-
Who are The Lasso’s investors?
Contour Venture Partners, Correlation Ventures, Crosslink Capital, Dupe Ventures, and Everywhere Ventures are 5 of 16 investors who have invested in The Lasso.
-
Who are The Lasso’s competitors?
Cox Automotive, Internet Brands, Dealer Dot Com, and iSeeCars are competitors of The Lasso.
-
When was The Lasso acquired?
The Lasso was acquired on 09-Jan-2025.
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Who acquired The Lasso?
The Lasso was acquired by Octane.
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