Tech Company Financing Transactions

DRIVIN Funding Round

On 9/23/2016, DRIVIN raised $6.5 million in funding from Silicon Valley Bank.

Transaction Overview

Company Name
Announced On
9/23/2016
Transaction Type
Debt
Amount
$6,500,000
Round
Undisclosed
Investors

Silicon Valley Bank (Dennis Grunt)

Proceeds Purpose
This new financing will accelerate DRIVIN's growth initiatives and enable DRIVIN to continue its growth trajectory with its current dealer partners while simultaneously establishing new relationships with dealerships nationwide.

Company Information

Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
600 West Chicago Ave.
Chicago, IL 60654
USA
Email Address
Overview
DRIVIN experts work behind the scenes to support your entire inventory operation. We'll sell, source, acquire and deliver vehicles meeting your dealership's unique quality standards, so you can spend more time on the sales floor and less time researching inventory.
Profile
DRIVIN LinkedIn Company Profile
Social Media
DRIVIN Company Twitter Account
Company News
DRIVIN News
Facebook
DRIVIN on Facebook
YouTube
DRIVIN on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kayne Grau
  Kayne Grau LinkedIn Profile  Kayne Grau Twitter Account  Kayne Grau News  Kayne Grau on Facebook
Chief Operating Officer
Justin Mahlik
  Justin Mahlik LinkedIn Profile  Justin Mahlik Twitter Account  Justin Mahlik News  Justin Mahlik on Facebook
VP - Marketing
Shannon Swierczek
  Shannon Swierczek LinkedIn Profile  Shannon Swierczek Twitter Account  Shannon Swierczek News  Shannon Swierczek on Facebook
VP - Operations
David Rymarz
  David Rymarz LinkedIn Profile  David Rymarz Twitter Account  David Rymarz News  David Rymarz on Facebook
VP - Product Management
John Manganaro
  John Manganaro LinkedIn Profile  John Manganaro Twitter Account  John Manganaro News  John Manganaro on Facebook
VP - Sales
Lisa Killeen
  Lisa Killeen LinkedIn Profile  Lisa Killeen Twitter Account  Lisa Killeen News  Lisa Killeen on Facebook


 

 

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