socalTECH

FEBRUARY 8, 2011

Scott Painter is the CEO of TrueCar/Zag, and was also previously CEO of CarsDirect, and has been incubating a number of companies out of his Santa Monica-based BrightHouse incubator. No details on that funding have been announced by the company. SharesPost had originally been based in Santa Monica.

CarsDirect 140

CarsDirect Zag Santa Monica Incubator 140

socalTECH

SEPTEMBER 10, 2008

Santa Monica-based Zag, the online car buying software firm headed by former CarsDirect CEO Scott Painter, has spun out a new company called TrueCar, the firm said late Wednesday. According to TrueCar, it will provide information about new car pricing, using the actual price people have paid for cars.

Zag 133

Zag Truecar CarsDirect Arcturus 133

socalTECH

FEBRUARY 5, 2009

Los Angeles-based Zag , the online car buying software firm headed by former CarsDirect CEO Scott Painter, has scored an investment from financial services firm USAA , USAA disclosed Thursday. USAA did not provide financial details behind the investment.

Zag 100

Zag Invest CarsDirect Venture Capital 100

socalTECH

JULY 7, 2009

Painter was previously CEO of CarsDirect, and is now involved with such firms as TrueCar and SharesPost. Zag has previously received venture capital from such firms as Anthem Ventures, GRP Partners, the Tech Coast Angels, Capricorn Management, Capital One, and Arcturus Capital. READ MORE>>.

Zag 100

Zag Sales CarsDirect Tech Coast Angels 100

socalTECH

SEPTEMBER 20, 2010

The firm was originally known as CarsDirect, the automotive buying site of Idealab, and was headed by Scott Painter--who is now head of both Zag Automotive and TrueCar. The firm changed its name to Internet Brands in June of 2005, and hit the markets with its IPO in November of 2007.

Internet Brands 190

Internet Brands Westlake Village Woodland Hills Beverly Hills 190

socalTECH

JULY 13, 2009

Brighthouse is a technology incubator headed by both Brogger and Scott Painter, who also co-founded Zag and CarsDirect. SharesPost, headed by Greg Brogger and incubated by Brighthouse, is looking to create a Web 2.0-enabled enabled secondary marketplace for shares in private companies, and particularly venture-backed, technology firms.

Research 100

Research Sales CarsDirect Web 2.0 100

socalTECH

JUNE 16, 2009

SharesPost was founded by Greg Brogger; the firm is one of the companies incubated by Scott Painter and his BrightHouse incubator; Painter is the former CEO of CarsDirect, currently founder at Zag, and has been quietly helping to fundraise and incubate a number of local startups through BrightHouse. READ MORE>>.

Equity 113

Equity CarsDirect Zag Incubator 113

socalTECH

OCTOBER 6, 2008

Zag is headed by former CarsDirect CEO Scott Painter, and is venture backed by Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund. The deal includes both providing new and used cars for AAA Mid-Atlantic. READ MORE>>

Zag 100

Zag CarsDirect Arcturus GRP Partners 100

socalTECH

DECEMBER 1, 2009

Join us as we kick off the holiday season in grand style and bestow the Digital Family Outstanding Achievement Honor on Scott Painter, Founder of CarsDirect and Entrepreneur. Tell a friend, and purchase your ticket at www.digitalfamilyinc.com. Use discount code: DFR30 to receive $30 price. Win a ticket to digiday:APPS.

Fandango 124

Fandango CarsDirect Case Study Santa Monica 124

Both Sides of the Table

JULY 1, 2010

Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. So while it started more about finding solutions to get him driving cars more or logging airline miles he also focuses on big, industry-changing ideas.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

Both Sides of the Table

MARCH 17, 2010

Scott Painter , founder of CarsDirect has created two new generation LA startups (Zag and TrueCar, both backed by GRP Partners). TechCoast Angels backed GreenDot should be a major IPO this year. Frank Addante has created Rubicon Project. Douglas Merrill, the former CIO of Google, is building his next company in LA.

Company 290

Company Companies Technology Startup 290

socalTECH

MARCH 3, 2021

Santa Monica-based NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team.

Truecar 203

Truecar Santa Monica Equity Design 203

Both Sides of the Table

FEBRUARY 15, 2011

Scott Painter , founder of CarsDirect has created TrueCar (backed by GRP Partners). It’s true that MySpace didn’t become Facebook, but it did spawn 7 or 8 great LA companies run by founders with experience. Zorik Gordon built & IPO’s ReachLocal. Brett Brewer has AdKnowledge.

Venture Capital 313

Venture Capital Southern California Google Startup 313

socalTECH

JANUARY 28, 2009

I started as a tester, but in six months, I had risen to assistant project manager at CarsDirect. I was doing project management at CarsDirect.com, and we met there while Kent was in Business Development. It was 1999, and it was not like things are today! I then had the crazy idea to do something with sports. in architectural technology.

Patents 179

Patents CarsDirect Sites Pomona 179

socalTECH

JUNE 17, 2009

We co-founded Zag together, and I was the COO of CarsDirect. Can you talk about a bit about BrightHouse, and how this company came out of that incubation effort? Greg Brogger: I founded BrightHouse in the middle of 2007, along with Scott Painter. He has been a great partner in a number of the businesses that I've been involved in.

Startup 124

Startup Zag Venture Capital Equity 124

socalTECH

AUGUST 25, 2016

E-commerce giant Amazon has made a move into the automotive research area this morning, challenging such local automotive information providers like Santa Monica-based Edmunds.com , Irvine-based Autobytel , Santa Monica-based TrueCar , Irvine-based Kelley Blue Book , plus El Segundo-based CarDirect.

Southern California 100

Southern California El Segundo Sites Santa Monica 100