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Social Auto Transport: Raises $1.5M in Seed Funding

January 30, 2021

Social Auto Transport, Inc., a Richmond, VA-based gig economy platform that allows automotive companies efficiently move vehicles, closed a $1.5m seed funding round
The round led by Overline, with participation from Automotive Ventures, Estes Express Lines, and Kevin Nolan, founder of Nolan Transportation Group and OTR Capital
The company also intends to use the funds to expand across the U.S., beginning with Philadelphia today and Atlanta in February
Social Auto Transport offers a gig economy platform that facilitates moving cars for auto dealers, repair shops, fleets, and rental agencies
The company is building a nationwide marketplace that provides automotive companies a reliable short-haul service to move sales inventory, make operational moves
The company currently operates in Richmond, Charlotte, and Philadelphia, and will also continue to add new markets across the U.S. each month