Carketa Raises $6M in Seed Funding
- Carketa, a Pleasant Grove, Utah-based developer of SaaS applications for the automotive industry, closed a $6M Seed financing round
- The round was led by Origin Ventures and Crosslink Capital with participation from Hack VC, Lancaster, and I2BF
- The company intends to use the funds to expand sales internationally to independent and franchise dealers and accelerate the release of new tools
- The company is focused on redefining the used car selling experience enabling independent and franchise automotive dealers to optimize every aspect of their dealerships
- The company is easy to use, automates the recon process, eliminates bottlenecks, and helps dealers sell more cars faster
- With Carke’ta Connect, dealers and customers can track the car through the process, often selling the car before it’s frontline ready
