CarNow, an Atlanta, Georgia-based provider of a live-data automotive technology platform, received a $40M loan from Runway Growth Capital.
The company intends to use the funds to accelerate product development and enhance its suite of digital retailing solutions to drive innovation in the car industry.
CarNow provides a comprehensive suite of digital tools for automotive retail sector, including Digital Retail (Real-Time Retail), Digital Messaging (Real-Time Messaging), and Conversational CTAs (ConvertNow). Its solutions empower dealers to manage the entire car-buying journey and provide shoppers with elevated digital retailing, messaging, and virtual showroom services.
The company has 5,000 dealership customers and more than twenty manufacturer certifications.
FinSMEs
16/04/2024