About Consolidated Asset Recovery Systems
Consolidated Asset Recovery Systems is a company based in Raleigh (United States) founded in 2005 was acquired by Primeritus in April 2019.. Consolidated Asset Recovery Systems has raised $1.62 million across 3 funding rounds from investors including Primeritus, Wilmington Investor Network and Springboard Capital. Consolidated Asset Recovery Systems offers products and services including Repossession Management, Skip Tracing, and Remarketing.
- Headquarter Raleigh, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Primeritus Financial Services, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.62 M (USD)
in 3 rounds
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Latest Funding Round
$500 K (USD), Seed
Jan 08, 2010
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Investors
Primeritus
& 3 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of Consolidated Asset Recovery Systems
Consolidated Asset Recovery Systems offers a comprehensive portfolio of products and services, including Repossession Management, Skip Tracing, and Remarketing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages repossession processes for securing collateral.
Locates individuals for debt recovery purposes.
Handles resale of repossessed assets to clients.
Funding Insights of Consolidated Asset Recovery Systems
Consolidated Asset Recovery Systems has successfully raised a total of $1.62M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in January 2010. 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 Total Funding
- Total Rounds 3
- Last Round Seed — $500,001
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First Round
First Round
(03 Aug 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2010 | Amount | Seed - Consolidated Asset Recovery Systems | Valuation |
investors |
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| Aug, 2008 | Amount | Seed - Consolidated Asset Recovery Systems | Valuation |
investors |
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| Aug, 2007 | Amount | Seed - Consolidated Asset Recovery Systems | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Consolidated Asset Recovery Systems
Consolidated Asset Recovery Systems has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Primeritus, Wilmington Investor Network and Springboard Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Greenridge Growth Partners is focused on investing in B2B software companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Consolidated Asset Recovery Systems
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Consolidated Asset Recovery Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Consolidated Asset Recovery Systems Comparisons
Competitors of Consolidated Asset Recovery Systems
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Consolidated Asset Recovery Systems
Frequently Asked Questions about Consolidated Asset Recovery Systems
When was Consolidated Asset Recovery Systems founded?
Consolidated Asset Recovery Systems was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Consolidated Asset Recovery Systems located?
Consolidated Asset Recovery Systems is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Is Consolidated Asset Recovery Systems a funded company?
Consolidated Asset Recovery Systems is a funded company, having raised a total of $1.62M across 3 funding rounds to date. The company's 1st funding round was a Seed of $623K, raised on Aug 03, 2007.
What does Consolidated Asset Recovery Systems do?
Consolidated Asset Recovery Systems was established in 2005 and is headquartered in Raleigh, United States. Operations center on the asset recovery sector, where software and technology platforms are developed for managing repossessions and facilitating remarketing of recovered assets. Services include workflow automation, data tracking, and integration tools tailored to lenders and recovery agencies. The companys domain, ez-recovery.com, supports these digital solutions across the United States.
What products or services does Consolidated Asset Recovery Systems offer?
Consolidated Asset Recovery Systems offers Repossession Management, Skip Tracing, and Remarketing.
Who are Consolidated Asset Recovery Systems's investors?
Consolidated Asset Recovery Systems has 4 investors. Key investors include Primeritus, Wilmington Investor Network, Springboard Capital, and Greenridge Growth Partners.