Tag: Chaifetz Group

BacklotCars parks another $25 million in Series B round led by NY-based investor

By Tommy Felts / April 15, 2019

KC-fueled BacklotCars will further its mission to disrupt the wholesale automotive space, thanks to the close of a $25 million Series B funding round, the company announced Monday. Led by New York-based growth equity firm, Stripes, the round brings BacklotCars — which seeks to ease pain points for automotive wholesalers — to $38 million in…

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BacklotCars

Investors deal BacklotCars $8M; KC-based startup hitting the gas on disruption

By Tommy Felts / December 11, 2018

Disrupting the used car space has driven a Series A funding round to $8 million for Kansas City-based startup BacklotCars, the company announced Tuesday. “This investment comes at a great time. We are growing rapidly in our existing markets and expanding our national footprint. We expect to continue to add new features – to accompany…

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