socalTECH
MAY 16, 2014
Santa Monica-based TrueCar has priced its IPO, saying last night that it will sell 7.8 TrueCar is trading on the NASDAQ Global Select Market as TRUE. truecar true buying service scott painter' million shares of its stock at $9 per share. The pricing was below the company''s earlier, estimated IPO range of $12.00
TechCrunch LA
JULY 10, 2019
Automakers and startups alike are increasingly offering services that give buyers new opportunities and greater flexibility around owning and using vehicles. Cars-as-a-Service. Fair was founded in 2016 by an all-star team made up of automotive, retail and banking executives including Scott Painter, former founder and CEO of TrueCar.
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Both Sides of the Table
JULY 1, 2010
The consumer product they’ve created is called TrueCar. A location based service which incorporates social and gaming elements. Tags: This Week in Venture Capital. While Zag is not a dealer if you measured it in terms of cars sold it would be in the top 5 auto dealers in the country. And it carries no inventory.
socalTECH
DECEMBER 20, 2018
Santa Monica-based Fair , which operates a service which lets consumers essentially gain access to automobiles on a month-to-month "car-as-a-service" program, has raised a giant, $385M funding round. The funding was led by SoftBank, and also included Exponential Ventures, Munich Re Venture's ERGO Fund, G Squared, and CreditEase.
socalTECH
FEBRUARY 22, 2021
Painter has a long history in Southern California's technology industry, and previously founded such companies as Fair, TrueCar, SharesPost, and others. NXCR says it is pioneering Car-as-a-Service (CaaS), which allows consumers can keep their vehicle for as long as it serves their needs, and return it when their lifestyle changes.
Xconomy
JUNE 16, 2016
In San Diego, the complaints often focus on the relative scarcity of venture capital and hometown VC firms. So when the San Diego Venture Group recruited Mark Suster of Los Angeles-based Upfront Ventures to give the keynote talk Tuesday night for Startup Week San Diego, more than 800 people filled a downtown auditorium.
socalTECH
SEPTEMBER 7, 2017
Santa Monica-based Fair , a startup offering up a mobile app which lets users find, purchase, and finance an automobile--started by automotive startup veteran Scott Painter--has raised $16M and launched its services. The company also says it is in the midst of a Series A-1 financing being led by BMW i Ventures. READ MORE>>.
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