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Finditparts Raises $30 Million Series A Growth Equity Investment From Crestline Investors To Fuel Growth As The Leading Online Platform Serving The Cva

PRIVATEMay 31, 2022

Amount Raised

$30 Million

Round Type

Series A

Santa Monica

Description

FinditParts (or "the Company"), the leading e-Commerce marketplace serving the CVA industry, announced today it has raised a $30 million minority growth equity investment from Crestline Investors, Inc. ("Crestline"). The Series A represents the first institutional investment that FinditParts has received since the Company's inception and will be used to further expand its technology and digital content and significantly accelerate the growth of the team.

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Company Information

Company

Findit Parts

Location

Santa Monica, California, United States

About

FinditParts is the No. 1 online supplier of medium and heavy-duty truck and trailer parts with more than 7 million parts available across over 2,000 unique brands. FinditParts offers both OEM and aftermarket parts through its easy-to-use e-Commerce platform, providing buyers alternative ways to source critical CVA parts outside of traditional brick and mortar channels. The Company is creating a sophisticated parts taxonomy and driving advancements in visual recognition technology to revolutionize how buyers search for, identify and purchase CVA parts online. To learn more, please visit FinditParts.com.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Findit Parts 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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