Automotive Startup Drivin Raises $7.5M in Equity Funding

drivinDrivin, a Chicago, IL-based automotive startup, raised an additional $7.5m in equity funding.

The round was led by Columbus Nova Technology Partners and Lightbank.

The company, which has raised a total of $17.5m in funding, intends to use the capital to continue the expansion of both its products and dealer partners.

Launched in mid-2015 by Kayne Grau, CEO, Drivin provides a service that casts a nationwide net to find and vet quality, whole-sale priced used vehicles, and connect them with dealers all across the country. The company currently works with over 500 buying dealer partners nationwide and sources inventory from more than 25,000 dealer rooftops.




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