DriverUp
Company

Last deal

$20M

Amount

Series B

Stage

24.09.2015

Date

2

all rounds

$70M

Total amount

General

About Company
DriverUp is the pioneering online auto lending marketplace for accredited investors.

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founded date

01.01.2012

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The Dallas-based company, founded in 2012, operates an innovative platform that leverages cutting-edge technology and data analytics to provide a seamless and transparent automotive financing experience. By connecting accredited investors, including hedge funds and high net-worth individuals, directly with auto loans, DriverUp offers a unique opportunity for these investors to participate in high-yield auto lending. Through its integrated software, the marketplace streamlines the loan processing, ensuring efficiency and convenience for both investors and borrowers. With a focus on full transparency and comprehensive reporting, DriverUp has revolutionized the automotive financing industry by creating a direct-to-investor option that empowers accredited investors to engage in this lucrative market.
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