Mojo Motors Secures $3,000,000 Series A Financing Round

Company Information

Company
Mojo Motors

Website
http://www.mojomotors.com

Location
230 W 41st New York, NY 10036

Description
Mojo Motors was founded in 2010 by Internet and auto industry veterans to offer consumers more power and control over the used car buying experience. Using their experience working at eBay Motors and Ford Motor Company, Mojo’s founders created a site based on exclusive relationships with local used car and truck dealers.

Transaction Details

  • Date – 5/8/2012
  • Transaction Type – Venture Equity
  • Transaction Amount – $3,000,000
  • Transaction Round – Series A
  • Acquire / Investor(s) – Atlas Venture
  • Acquire / Investor(s) – RPM Ventures
  • Acquire / Investor(s) – NextView Ventures