Lender Compliance Technologies
Series A in 2021
Lender Compliance Technologies provides SaaS-based compliance solutions for automotive, RV, marine, and powersports lenders, combining lending, recoveries, and regulatory expertise to deliver audit-ready workflows, customizable dashboards, and secure integrations. The platform monitors and manages the refund process from cancellation through consumer refunds in compliance with consumer protection laws, helping lenders protect dealer relationships and preserve profitability.
SparkCharge
Convertible Note in 2021
Founded in 2017, SparkCharge specializes in manufacturing portable, fast-charging stations for electric vehicles. Its modular design allows for easy mobility and convenience, enabling vehicle owners to charge their cars on the go without relying on wired infrastructure or gas-polluting generators.
WarrCloud
Seed Round in 2021
WarrCloud is a technology and service provider focused on improving the management of automotive warranties for dealerships. The company offers a platform that streamlines warranty claims administration, helping to minimize processing costs while enhancing profitability for service departments. By outsourcing back-office functions, WarrCloud transforms fixed expenses into a more manageable variable cost that adjusts to the specific warranty needs of dealerships. The company collaborates with dealership management system providers, warranty claims handlers, independent claim processors, and dealer groups to boost efficiency and reduce operational costs in the warranty process.
AlgoDriven
Series A in 2021
AlgoDriven Limited is an automotive software company that specializes in providing data-driven solutions for accurately pricing and identifying used cars. Founded in 2016 and based in Dubai, United Arab Emirates, the company serves a diverse clientele including car dealers, banks, insurance companies, and other participants in the motor industry across regions such as Australia, New Zealand, the United Arab Emirates, Hong Kong, and China. AlgoDriven's flagship product, EvalExpert, is a mobile app designed for car dealers to perform precise vehicle appraisals, while its DriveExpert solution streamlines the management of test drives and loan car processes. The company leverages big data and artificial intelligence to enhance its platform, offering enterprise clients access through APIs for seamless integration into their existing systems. With additional operations in Muscat, Oman; Sheung Wan, Hong Kong; and Brisbane, Australia, AlgoDriven aims to transform the automotive valuation landscape.