The point-of-sale car finance platform has raised $10m from strategic partner Ford Motor Credit Company as well as Crosslink Capital and Lerer Hippeau Ventures.
US-based automotive financing platform AutoFi has secured $10m in funding from investors including Ford Motor Credit Company, a subsidiary of carmaker Ford, Forbes reported yesterday.
Venture capital firms Crosslink Capital and Lerer Hippeau Ventures also participated in the round, having contributed to AutoFi’s last round, in which it raised $17m in May 2016 from investors also including Bruce Toll, founder of home building company Toll Brothers.
AutoFi has created an online platform that enables car dealers to provide customers with…
