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Runway Growth Capital Provides A $40M Growth Investment To CarNow, A Live-Data Automotive Technology Platform That Helps Dealers Elevate The Car-Buying Experience

Runway Growth Capital Provides A $40M Growth Investment To CarNow, A Live-Data Automotive Technology Platform That Helps Dealers Elevate The Car-Buying Experience

Runway Growth Capital向CarNow提供4000萬美元的增長投資,CarNow是一個實時數據汽車技術平台,可幫助經銷商提升購車體驗
Benzinga ·  04/16 20:39

The funding will enable CarNow to accelerate product development and enhance its suite of digital retailing solutions to drive innovation in the car industry.

這筆資金將使CarNow能夠加快產品開發並增強其數字零售解決方案套件,以推動汽車行業的創新。

MENLO PARK, Calif., April 16, 2024 /PRNewswire/ -- Runway Growth Capital LLC ("Runway"), a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced today a $40 million commitment to CarNow, a live-data automotive technology platform that helps dealers elevate the car-buying experience by transforming the way they connect with customers.

加利福尼亞州門洛帕克,2024年4月16日 /PRNewswire/ — Runway Growth Capital LLC(“Runway”)是向尋求股權籌集替代方案的風險和非風險投資支持公司提供增長貸款的領先提供商,今天宣佈向CarNow承諾提供4000萬美元。CarNow是一個實時數據汽車技術平台,通過改變與客戶的聯繫方式來幫助經銷商提升購車體驗。

This strategic investment will support CarNow's continued market expansion and accelerated product development that will enhance the car buying and selling experience.

這項戰略投資將支持CarNow的持續市場擴張和加速的產品開發,這將增強汽車的購買和銷售體驗。

"This investment from Runway Growth Capital is a testament to our team's hard work and dedication, as well as the innovative solutions we've brought to the automotive market," said Tim O'Toole, CFO of CarNow. "With Runway's support, we're poised to accelerate our growth, enhance our product offerings, and continue to disrupt the automotive retail industry. Our mission has always been to simplify the car buying process through technology, and this partnership allows us to further that mission on a larger scale."

CarNow首席財務官蒂姆·奧圖爾表示:“Runway Growth Capital的這項投資證明了我們團隊的辛勤工作和奉獻精神,以及我們爲汽車市場帶來的創新解決方案。”“在Runway的支持下,我們有望加速增長,增強我們的產品供應,並繼續顛覆汽車零售行業。我們的使命一直是通過技術簡化購車流程,這種夥伴關係使我們能夠更大規模地推進這一使命。”

CarNow, known for its comprehensive suite of digital tools, including Digital Retail (Real-Time Retail), Digital Messaging (Real-Time Messaging), and Conversational CTAs (ConvertNow), has been at the forefront of revolutionizing the automotive retail sector. With this infusion of capital, CarNow will further develop its platform, expand its market reach, and continue providing exceptional value to its dealership customers and their consumers.

CarNow 以其全套數字工具而聞名,包括數字零售(實時零售)、數字消息(實時消息)和對話式 CTA(ConvertNow),一直處於汽車零售行業革命的最前沿。通過注入資金,CarNow將進一步發展其平台,擴大其市場覆蓋範圍,並繼續爲其經銷商客戶及其消費者提供卓越的價值。

"We are excited to include CarNow in Runway's portfolio of innovative companies and support its effort to redefine the automotive buying experience for the digital age," said Greg Greifeld, Managing Director and Deputy Chief Investment Officer at Runway. "This deal reflects our ongoing commitment to partner with the highest quality companies in the venture ecosystem. By providing CarNow with the growth capital needed to fuel its expansion, we are investing in the next evolution of this rapidly changing auto industry."

Runway董事總經理兼副首席投資官格雷格·格雷菲爾德表示:“我們很高興將CarNow納入Runway的創新公司投資組合,並支持其重新定義數字時代汽車購買體驗的努力。”“這筆交易反映了我們對與風險生態系統中最高質量的公司合作的持續承諾。通過向CarNow提供推動其擴張所需的增長資本,我們正在投資這個瞬息萬變的汽車行業的下一次發展。”

Ted Cavan, Managing Director of Technology at Runway, also expressed enthusiasm about the partnership: "Our investment in CarNow is a testament to our belief in the company's ability to modernize the car buying and selling process. With additional capital provided by Runway, CarNow is empowered to focus on what they do best – innovating and expanding its remarkable digital platform. The funding offers a significant advantage toward this end, and we're excited to partner with CarNow and support its next phase of growth."

Runway技術董事總經理泰德·卡文也對這次合作表示了熱情:“我們對CarNow的投資證明了我們對公司有能力實現汽車買賣流程現代化的信念。藉助 Runway 提供的額外資本,CarNow 有能力專注於自己最擅長的事情——創新和擴展其卓越的數字平台。這筆資金在這方面提供了顯著的優勢,我們很高興與CarNow合作並支持其下一階段的增長。”

CarNow is headquartered in Raleigh, NC.

CarNow 總部位於北卡羅來納州羅利。

譯文內容由第三人軟體翻譯。


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