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§ Private Profile · Grapevine, TX, USA
Automotive FinTech provider offering capital and technology solutions for auto dealers, focused on real-time approvals.
Founded in 2019 by Justin Tisler, Grapevine, Texas-based Car Capital Technologies provides automotive financing software and capital solutions enabling franchise and independent auto dealerships to offer immediate loan decisions to credit-challenged consumers. The company operates the proprietary Dealer Electronic Auto Loan System platform, utilizing a revenue-sharing model that allows dealers to participate in financing revenue while retaining their customer relationships. Backed by institutional investors including FM Capital, Automotive Ventures, and Medalist Partners, the enterprise has raised $78.8 million in total funding across two equity rounds. Following a May 2023 relaunch under a new executive management team led by CEO Jim Landy, the firm expanded its geographic footprint across 26 states in the Midwest and Southeast. Today, the financial technology business generates approximately $50.5 million in annual revenue and maintains a workforce of 98 employees.
Car Capital Technologies has raised $90.0M across 2 funding rounds.
Car Capital Technologies has raised $90.0M in total across 2 funding rounds.
Car Capital Technologies has raised $90.0M in total across 2 funding rounds.
Car Capital Technologies's investors include Medalist Partners.
Car Capital Technologies has raised $90.0M across 2 funding rounds. Most recently, it raised $70.0M Debt in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 29, 2024 | $70M Debt Financing | — | — | Announced |
| Apr 14, 2021 | $20M Debt Financing | Medalist Partners | — | Announced |