Houston Texas based ThisCar is raising $12,000,000.00 in New Equity Investment.
Houston, TX – According to filings with the U.S. Securities and Exchange Commission, ThisCar is raising $12,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Michael Dodd played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About ThisCar
THIScar is a turnkey automotive marketplace that leverages technology and dynamic logistics methods to provide franchise Auto Dealers an Amazon-esque selling experience, allowing Dealers to easily sell vehicles nationwide without the traditional physical limitations and time consuming tediousness of todays auto sales models. Our unique marketplace benefits consumers, dealers, and the auto industry at large by eliminating the multiple touchpoints, overhead expense and hundreds of thousands of marketing dollars that are necessary to support traditional dealership infrastructures. Our consumer-first approach combined with intelligent data collection and analysis allows us to attract, engage and convert automotive shoppers faster, more affordably and more frequently. Through a marriage of passion for both technology and automobiles, and a laser focus on streamlining the auto selling process for dealers, THIScar enables dealers to effortlessly sell their inventory into the major metros across the United States. Our founders have a deep history and understanding of the automotive technology landscape and are devoted to continuing to help the auto industry evolve to embrace modern consumer shopping methods.
To learn more about ThisCar, visit http://thiscar.com/
Contact:
Michael Dodd, Chief Executive Officer
281-772-0581
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