Tech Company Financing Transactions

Automatic Funding Round

Automatic, operating out of San Francisco, secured $24 million from Amicus Capital, Anthemis Group and Comcast Ventures.

Transaction Overview

Company Name
Announced On
6/26/2015
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Series B
Proceeds Purpose
Automatic will use this new investment to accelerate growth and continue expanding its recently launched App Gallery and Developer Platform.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
575 Florida St. 100
San Francisco, CA 94110
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
The Automatic app and plug-in car adapter turns just about any car into a connected car. Diagnose check engine codes, get driving feedback, mileage tracking and expensing, emergency service in a crash, and more. Explore the Automatic App Gallery to find an app for any driver.
Profile
Automatic LinkedIn Company Profile
Social Media
Automatic Company Twitter Account
Company News
Automatic News
Facebook
Automatic on Facebook
YouTube
Automatic on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thejo Kote
  Thejo Kote LinkedIn Profile  Thejo Kote Twitter Account  Thejo Kote News  Thejo Kote on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/25/2015: Prairie Cloudware venture capital transaction
Next: 6/26/2015: Celect venture capital transaction

 

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Our team works diligently to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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