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Vehlo Announces Strategic Growth Investment

Jun 06, 2022•about 3 years ago
Knoxville

Description

Vehlo, a leading provider of software and financial solutions for the automotive repair industry, announced today a majority investment from Greater Sum Ventures (“GSV”), an entrepreneurial family office. GSV is joined by existing investors PSG, HarbourVest Partners, and Parkwood, and new investor Lightyear Capital (“Lightyear”). Financial terms were not disclosed.

Company Information

Company

Vehlo

Location

Knoxville, Tennessee, United States

About

Vehlo is a leading provider of software and financial solutions for the automotive repair industry. Its product suite consists of everything the modern auto service provider needs to deliver an excellent customer experience and run a profitable business. Vehlo offers shop management and digital vehicle inspection tools for aftermarket auto repair shops, as well as dealer service lane solutions designed to improve efficiency. The company’s fintech solutions power payments, small business loans, and repair financing, allowing Vehlo to support repair operations at every touchpoint of the customer journey. To learn more, visit Vehlo.com.