Tech Company Financing Transactions

Openbay Funding Round

Shell Technology Ventures, Stage 1 Ventures and private investors participated in a $8 million Series A capital raise for Openbay. The funding round was announced on 6/27/2018.

Transaction Overview

Company Name
Announced On
6/27/2018
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors

Shell Technology Ventures (Lead Investor) (Huibert Vigeveno)

Stage 1 Ventures

Proceeds Purpose
The new round will be used to bring to market artificial intelligence (AI) enabled solutions for businesses that provide automotive repair services and to grow existing and new markets across all its offerings.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
222 Third St.
Cambridge, MA 02142
USA
Email Address
Overview
Openbay is an award-winning online marketplace for consumer automotive repair services and a provider of SaaS based software for the automotive care industry. At Openbay, we are building the world's most trusted and transparent automotive services marketplace.
Profile
Openbay LinkedIn Company Profile
Social Media
Openbay Company Twitter Account
Company News
Openbay News
Facebook
Openbay on Facebook
YouTube
Openbay on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Robert Infantino
  Robert Infantino LinkedIn Profile  Robert Infantino Twitter Account  Robert Infantino News  Robert Infantino on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/27/2018: Noodle.ai venture capital transaction
Next: 6/27/2018: HONK Technologies venture capital transaction

 

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