socalTECH

MARCH 22, 2010

Santa Monica-based Zag , which develops online car buying software, announced Monday that it has hit the 100,000 cars sold mark on its service. Zag, which also says it reached profitability in August 2009, said consumers saved over $350M over MSRP by using its programs. in venture funding. READ MORE>>.

Zag 160

Zag Santa Monica Software Organization 160

Both Sides of the Table

JULY 1, 2010

He eventually applied his lessons learned in these experiences when he founded Zag, a company that helps consumers buy cars over the Internet at pre-negotiated prices with nearly 4,000 dealers across the country [disclosure: my firm GRP Partners is an investor in Zag]. It’s awesome. The deals we quickly went through are: 1.

Zag 248

Zag Truecar Venture Capital CarsDirect 248

socalTECH

JANUARY 22, 2009

Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has a funding round of undisclosed size. Tags: automobile venture auto capital funding. READ MORE>>.

Zag 100

Zag Funding Tech Coast Angels Arcturus 100

socalTECH

APRIL 1, 2009

Santa Monica-based Zag.com , the online car buying software firm headed by Scott Painter, announced this morning that it has inked a deal with the AAA, to power a new service called AAA Automaker. Zag is venture backed by Anthem Venture Partners, USAA, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund.

Zag 100

Zag Services Arcturus GRP Partners 100

socalTECH

JANUARY 22, 2009

Santa Monica-based Zag , which has developed an automobile configuration and buying service for affinity organizations like credit unions and automobile organizations, has raised around $32.4M in a funding round. Tags: automobile auto venture funding capital. READ MORE>>.

Zag 100

Zag Tech Coast Angels Arcturus GRP Partners 100

socalTECH

FEBRUARY 5, 2009

Santa Monica-based Zag has finally revealed the total invested in its latest, strategic round of funding, saying Thursday that it raised $37.4M. USAA is an affinity group which is using Zag's automotive configuration software and services. READ MORE>>.

Zag 100

Zag GRP Partners Anthem Santa Monica 100

socalTECH

JUNE 10, 2009

Zag's technology provides a level of customization and detail on "fleet" style, pre-negotiated sales of autos, down to the accessory level; the firm has deals with USAA, Capital One, Overstock.com, AAA groups, and others to provide its service. over MSRP on their autos. Painter is the former CEO of CarsDirect.com.

Zag 100

Zag GRP Partners Anthem Santa Monica 100