DigniFi Raises $14M Series A from BuildGroup and Exor Seeds and Secures $275M from Neuberger Berman Private Equity for its Auto Service Financing Platform
Amount Raised
$14 Million
Round Type
Series A
United StatesFinancial ServicesFintechLendingDescription
DigniFi, a financing platform for auto repairs and services, announced that it has raised $14 million in Series A funding from Austin-based BuildGroup, the permanent capital company started by Lanham Napier, formerly of RackSpace, and Exor Seeds, the venture arm of Exor N.V., the holding company of the Agnelli family (controlling shareholder of Fiat Chrysler, Ferrari, CNHI, PartnerRe, and Juventus). In addition, the company has signed an agreement with Neuberger Berman Private Equity to purchase up to $275 million of assets. The financing enables DigniFi to grow its network of 5,000 auto service centers to get Americans back on the road at a moment when automobiles are essential.
Quick answer
Digni Fi raised $14 Million in a Series A round, dated June 30, 2020. Digni Fi is based in United States.
- How much did Digni Fi raise?
- Digni Fi raised $14 Million in a Series A round on June 30, 2020.
- What does Digni Fi do?
- DigniFi is a FinTech company and leader in the world of transportation.
- Where is Digni Fi based and how big is it?
- Digni Fi is based in United States. Fundz records about 92 employees.
- Who are the decision-makers at Digni Fi?
- Fundz holds 2 contacts at Digni Fi, including the Media Contact. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Digni Fi that raised within 45 days of this round, from Fundz verified event records.
- Alkami Technology raised $30M on August 14, 2020.
- USBC raised $19K on August 6, 2020.
- USBC raised $5M (Funding Round) on June 2, 2020.
- Horizon Technology Finance raised $20M (Debt Financing) on May 26, 2020.
- USBC raised $2.7M on May 20, 2020.
- Gappify, Inc. raised $185K (Pre-Seed) on August 10, 2020.
Who to call at Digni Fi, and when
A new round usually means Digni Fi is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Digni Fi raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Digni Fi, from your own LinkedIn network
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Funding Insights
What this usually meansDigni Fi raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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