Tech Company Financing Transactions
Revv Funding Round
Revv, operating out of New York City, secured $20 million from Left Lane Capital, 1984 Ventures and Soma Capital.
Transaction Overview
Company Name
Announced On
11/20/2024
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
New York City, NY Undisclosed
USA
New York City, NY Undisclosed
USA
Phone
Website
Email Address
Overview
Revv ADAS was founded by software professionals with deep family ties in collision repair. For decades, our family operated aftermarket businesses, encountering firsthand the immense difficulty of researching ADAS calibrations. For each repair, technicians wasted valuable time digging through scattered OEM manuals and aftermarket resources, flipping through pages trying to identify mandated procedures. This led to lost profits, compromised safety, and frustrated customers forced to wait for their vehicles.
Management Team
Browse more venture capital transactions:
Prev: 11/20/2024: Lightyear venture capital transaction
Next: 11/20/2024: Konsileo venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs