DriverUp is an online marketplace built exclusively for automotive financing. DriverUp is powered by Sierra Auto Finance, a nationally recognized specialty auto finance company. The platform enables investors to easily and directly participate in auto lending. This is an option that was previously not available for as much as 99% of the investor community. Throughout this process, the company is fundamentally improving, for both car dealers and car buyers, how auto loans are secured and serviced. DriverUp operates a user-friendly technology platform, built on proprietary software and advanced data analytics, focusing solely on the transaction and securitization of specialty auto loans.
Expert Collections containing DriverUp
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
DriverUp is included in 3 Expert Collections, including Digital Lending.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest DriverUp News
May 4, 2016
Online Auto Financing Marketplace Bolsters Tech Focus 07:00 ET from DriverUp DALLAS, May 4, 2016 /PRNewswire/ -- DriverUp , the first online marketplace for automotive financing, today announced that tech industry veteran Anthony Fratiani has joined its executive team as Chief Technology Officer. In this newly created position, Fratiani will oversee the continued build out of DriverUp's consumer-facing side of the business. "We are thrilled about Tony joining DriverUp and bolstering our technology pedigree," said Sam Ellis, co-founder & CEO, DriverUp. "Our mission is to establish a new standard of online auto finance for drivers, dealers and investors. Tony shares our vision and has the expertise to realize our objective of legitimately making auto finance a seamless digital experience. " Continue reading Anthony Fratiani is appointed CTO of DriverUp. Fratiani brings 20 years of software development, quality assurance and business operations experience to DriverUp. Prior, he spent most of his career at Match.com, in various key technology roles helping the company transition from an early stage growth story to a global online dating powerhouse. As initial tasks at DriverUp, he will oversee the build of the company's technology team, design and launch new product features, and expand DriverUp's mobile functionality and adoption. Fratiani commented, "I'm very excited about joining the movement that DriverUp is leading. DriverUp is the solution needed for transforming the auto finance process and I'm ready to apply my experience to elevate the company's lead in technology innovation. " About DriverUp DriverUp is the premier online marketplace focused solely on automotive financing. The Dallas-based company enables investors to directly purchase auto loans on the platform using comprehensive, transparent data and selection tools. For dealers and drivers, DriverUp's proprietary technology provides them with an expedited, streamlined online credit experience when financing the purchase of a vehicle. Launched by a team of automotive and consumer finance veterans, DriverUp is backed by prominent venture capital firms: RRE Ventures, Emerald Development Managers and SF Capital Group. For more information, visit www.driverup.com . Media Contact:
DriverUp Frequently Asked Questions (FAQ)
When was DriverUp founded?
DriverUp was founded in 2012.
Where is DriverUp's headquarters?
DriverUp's headquarters is located at 5005 LBJ Feeway, Dallas.
What is DriverUp's latest funding round?
DriverUp's latest funding round is Series B.
How much did DriverUp raise?
DriverUp raised a total of $85.68M.
Who are the investors of DriverUp?
Investors of DriverUp include RRE Ventures, Emerald Development Managers and SF Capital Group.