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AutoAcquireAI secures $4 million in seed funding to enhance its AI-driven vehicle acquisition platform, aiming to revolutionize used-car inventory management.

Jun 16, 202530 days ago

Amount Raised

$4 Million

Round Type

seed

Santa Rosa BeachInformation TechnologyAutomotiveMachine LearningArtificial Intelligence

Investors

Angel Investors

Description

AutoAcquireAI, based in Florida, has raised an additional $4 million in seed funding to supercharge growth of its platform. The funding will help the startup enhance its AI capabilities for vehicle acquisition. Founded by Anthony Monteiro, the company has garnered a total of $5 million in seed funding, all from angel investors. With close to 100 clients, AutoAcquireAI plans to scale up its operations significantly.

Company Information

Company

AutoAcquire AI

Location

Santa Rosa Beach, Florida, United States

About

AutoAcquire AI is a leader in AI-powered automotive acquisition technology, specializing in automating the identification and sourcing of potential vehicles for dealerships by leveraging advanced data analysis to pinpoint households with likely vehicles for sale.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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