Carpay
Mobile app and loan management software for Buy Here Pay Here (BHPH) dealerships.
Mobile app and loan management software for Buy Here Pay Here (BHPH) dealerships.
Carpay is a mobile app and loan management software catering to the specific needs of Buy Here Pay Here (BHPH) dealerships. The platform offers a range of features including automated text and email payment reminders, borrower account management, portfolio summary, and delinquency data, among others. Since its establishment in 2016, Carpay has facilitated millions of payments, enabling dealers to expand their portfolios and enhance collections operations within the Financial Services, Fintech, Lending and Investments, Payments, and SaaS sectors. Recently, the company secured a $6.50M Series A investment on 07 January 2021 from prominent investors including Social Leverage, Amplify LA, AutoTech Ventures, FJ Labs, and Pipeline Capital Partners. This investment is expected to further fuel Carpay's growth and innovation in the industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $6.50M | 5 |
|
07 Jan 2021 |
| Seed Round | $1.30M | 1 |
|
10 Feb 2020 |
| Pre Seed Round | $2.10M | 2 |
|
01 Aug 2019 |
| Pre Seed Round | $200.00K | 1 |
|
01 Aug 2017 |
| Convertible Note | Unknown | 1 |
|
20 Mar 2016 |
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