The carmaker, an early partner of AutoGravity, has invested an eight-figure sum as the vehicle and finance marketplace rolls out its service across the US.
Automotive manufacturer Daimler has made a strategic investment in AutoGravity, the US-based operator of an online buying and financial services comparison platform for vehicles.
The amount provided by Germany-based Daimler, which supplied the funding through its Daimler Financial Services unit, was not disclosed, though Reuters reported that its size was in the double-digit million euro range (€1 = $1.05).
Founded in late 2015, AutoGravity has developed an app that enables users to browse and choose cars from different manufacturers and…