Automatic

The Fintech platform that connects independent auto dealers and lenders
Tolland, 
CT
Investment type:
Equity
(SAFE)
Target raise:
$50,000
 - 1,070,000
Minimum investment:​
$100
End date:
May 01, 2021
Share
Share on facebook
Share on twitter
Share on linkedin
Share on email
Highlights

  • Innovative FinTech platform with 400+ dealership partnerships, growing at 40% MoM despite COVID19.
  • Developed with licensed lender (Signal Auto Group): 13 yrs of experience, 1.7k dealers in 13 states.
  • Answering a clear need in a $1.3 trillion industry that stopped evolving in 2004.
Our Story

We connect borrowers and lenders in the $1.3 trillion used car space. Our FinTech platform brings together many different tools and features in one easy-to-use app, drastically improving the customer experience for both the used car buyer and the finance and Insurance manager.
Our Ambition

In 5 years, we expect to have a significant amount of the loan volume for pre-owned vehicles coming through our platform. At that point, we should be the preferred platform by which independent dealers get their loans, approvals, and ancillary products. We also expect to have far surpassed the product offerings, as well as user and customer experience of any platform originating loans in the market.