AutoFi Closes $85 Million in Funding to Accelerate Growth
Funding Round Supports Further Expansion and Solidifies AutoFi’s Leading Position in the Changing Landscape of Automotive Retail SAN FRANCISCO–(BUSINESS WIRE)–#autofinance—AutoFi, the leading commerce platform for digital automotive sales and financing, announced today it has closed $85 million in funding valuing the company at nearly $700 million. The financing included participation from investors Santander Holdings USA, […]
Infiniti Dealers Ranked Highest Ahead of Cadillac and Lexus as Most Responsive to Website Customer Queries; Mazda and Subaru Ranked Highest Among Mainstream Brands
Despite inventory shortages and COVID-19, dealers who responded faster by text, phone, and email showed markedly stronger sales to web customers MONTEREY, Calif.–(BUSINESS WIRE)–#Cadillac–For the second consecutive year, Infiniti dealerships were ranked highest according to the 2022 Pied Piper PSI® Internet Lead Effectiveness® (ILE®) Study, which measured responsiveness to Internet leads coming though dealership websites […]
Pony.ai Announces First Close of Series D Financing Round, With a Valuation of $8.5 Billion
Represents More Than a 65% Increase in Valuation from Previous Round Brings Pony.ai’s Strong Balance Sheet Liquidity to Close to $1 Billion FREMONT, Calif.–(BUSINESS WIRE)–Pony.ai, a leading global autonomous driving technology company, announced that it has completed its first close of its Series D financing. The Series D round, which has a significant valuation uplift […]
