About Car360
Car360 is a Technology company based in Atlanta (United States) founded in 2015 by Bruno Francois, and was acquired by Carvana in April 2018. Augmented reality vehicle imagery solutions for automotive dealerships. It operates in the Technology and Transportation, Automotive & Logistics sectors. Car360 has raised $3.55 million across 1 funding round from investors including Carvana, Service Provider Capital and BIP Ventures. Its chief executive, as recorded, is John Hanger. Its focus areas include Auto Tech, Auto IT, Dealer Management and Marketing. Its competitors include Digital Air Strike, Xtime and myKaarma; 3 of its 3 listed competitors have raised funding.
Company details
Car360 was founded in 2015 in Atlanta, United States, focusing on augmented reality tools for the automotive sector. A mobile app is utilized by dealerships and workshops to scan vehicles through walkaround captures, enabling 360-degree markups for features or issues via a 3D engine. Walkaround videos are then published directly to websites, streamlining image and video processes to approximately five minutes. The company was acquired by Carvana in April 2018.
- Headquarters Atlanta, United States
- Founders Bruno Francois
- Stage Acquired
- SectorsTechnologyTransportation, Automotive & Logistics
- Website car360.com
- Social LinkedIn X
- Acquired by Carvana (Apr 2018)
Funding Insights of Car360
Car360 has successfully raised a total of $3.55M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.55 million completed in May 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.55M
- Total Rounds 1
- Last Round Series A — $3.55M
- First Round $3.55M
(May 2017)
- Investors Count 3
All 1 funding rounds of Car360 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2017 | $3.55M | Series A | – | BIP Ventures |
4 investors in total: 4 institutional.
Investors in Car360
Car360 has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Carvana, Service Provider Capital and BIP Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments are made in US-based companies. | serviceprovidercapital.com | Golden, United States | ||
Venture capital investments are provided by BIP Ventures. | bipventures.vc | Atlanta, United States | ||
Venture capital firm focused on AI-driven companies | radical.vc | Toronto, Canada | ||
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | carvana.com | Phoenix, United States |
Investor details for Car360
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Car360
2 people are tracked at Car360 (2 in leadership).
| Name | Role | Group |
|---|---|---|
Bruno Francois | Founder | Leadership |
John Hanger | President & CEO | Leadership |
Complete people profiles for Car360
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Timeline of Car360
3 dated milestones of Car360 across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Car360 is founded.
- Funding First funding round of $3.5M.
- Exit Acquired by Carvana.
Competitors of Car360
Car360 has 3 listed competitors in our database, 3 of them funded. They include Digital Air Strike, Xtime and myKaarma.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| digitalairstrike.com | 2007 | Scottsdale, United States | $13.6M | 152 | Digital marketing solutions are provided for auto dealerships. | |
| xtime.com | 2004 | San Francisco, United States | $26.51M | 267 | Customer engagement tools for automotive dealers are provided. | |
| mykaarma.com | 2012 | Los Angeles, United States | $15M | 81 | SaaS-based customer interaction management is provided for dealerships. |
Detailed competitors of Car360
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Top companies in Sales Force Automation
3 companies that operate in the same segment as Car360 (Sales Force Automation) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of AI-powered customer relationship management software | 2005 | Cambridge, Massachusetts, United States | USD 100.7 M | USD 3.13 B | 8,250 | |
Contact databases and sales intelligence are supplied to businesses. | 2000 | Vancouver, Washington, United States | USD 32 M | USD 1.25 B | 3,510 | |
Sales prospecting and engagement tools are offered to enterprises. | 2011 | Atlanta, Georgia, United States | USD 246.48 M | 1,121 |
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Related news about Car360
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Frequently Asked Questions about Car360
Car360 was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Car360 is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
John Hanger is the CEO of Car360, as recorded in our data.
Car360 is a funded company, having raised a total of $3.55M across 1 funding round to date. The company's 1st funding round was a Series A of $3.55M, raised on May 2017.
Car360 was founded in 2015 in Atlanta, United States, focusing on augmented reality tools for the automotive sector. A mobile app is utilized by dealerships and workshops to scan vehicles through walkaround captures, enabling 360-degree markups for features or issues via a 3D engine. Walkaround videos are then published directly to websites, streamlining image and video processes to approximately five minutes. The company was acquired by Carvana in April 2018.
Car360's top competitors include Xtime, myKaarma and Digital Air Strike.
Car360 has 4 investors. Key investors include Carvana, Service Provider Capital, BIP Ventures, and Radical Ventures.
Yes. Car360 was acquired by Carvana in April 2018.