Shift
Shift is an online marketplace specializing in the buying and selling of used cars. The company functions as a personal concierge service by detailing vehicles, listing them on various platforms, managing test drives, and identifying potential buyers. Shift charges a service fee that covers registration, car preparation, and applicable sales tax. To facilitate informed purchasing decisions, Shift provides customers with a comprehensive 150-point concierge report, which includes specifications, high-resolution images, vehicle history, and performance results. This approach aims to streamline the used car transaction process for both buyers and sellers.
CarLotz
Acquisition in 2022
CarLotz, Inc. is a used car and motorcycle retailer that facilitates transactions between buyers and sellers in a safe and efficient manner. Founded in 2011 and headquartered in Richmond, Virginia, the company operates multiple locations across the United States, including cities in Virginia, Florida, Illinois, Texas, and North Carolina. CarLotz provides a comprehensive range of services that include vehicle inspection, cleaning, photography, and listings on major car buying websites. Additionally, it manages buyer inquiries and test drives at its retail stores. The company employs a technology-driven model that supports a seamless, contactless e-commerce experience, allowing customers to buy and sell used vehicles without the typical challenges associated with private sales, such as negotiations and arranging meetings. CarLotz also offers financing and warranties, enhancing the overall transaction experience for its customers.
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.
Opsolutely
Acquisition in 2018
Opsolutely is a technology company that offers orchestration solutions for development teams, enabling them to efficiently manage and visualize their infrastructure. Its platform simplifies the deployment of code by integrating granular push capabilities directly with users' existing infrastructure. This approach eliminates the need for costly and error-prone custom scripts or automated deployment methods, such as those provided by Heroku. By providing a user-friendly interface, Opsolutely helps teams avoid the complexities of traditional shell scripts, making it easier for new employees to learn and navigate the system. Overall, Opsolutely aims to enhance the efficiency and effectiveness of software deployment processes for development teams.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.