DriverUp (Series A)
Funding Details
Awarder
Inbox
Date Award
February 23, 2015
Vertical
Automotive Financing
Funding Amount
$50,000,000
Company Info
Founders
Sam Ellis
Market
Auto Lending
Location
Dallas, TX, USA
Coinvestors
Emerald Development Managers, RRE Ventures
Company Description

DriverUp is a new online marketplace for automotive financing that lets investors - who previously did not have access - to directly participate in the growing, higher-yield business of auto lending and provides dealers with a streamlined credit application that speeds loans and moves cars. DriverUp's proprietary technology platform makes processing and buying loans quicker and easier.

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