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Social Auto Transport Closes $1.5M Seed Round Led by Overline

PRIVATEJan 27, 2021

Amount Raised

$1 Million

Round Type

Seed

Richmond

Description

Social Auto Transport, Inc., a gig economy platform that helps automotive companies efficiently move vehicles, today announced the closing of its $1,500,000 seed funding round.

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Company Information

Company

Social Auto Transport, Inc.

Location

Richmond, Virginia, United States

About

Richmond-based Social Auto Transport (https://www.socialautotransport.com) 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, and provide concierge pickup and delivery services to their customers, on demand—without the expense, time burden, and liability required to offer these services with their own staff. The Company currently operates in Richmond, Charlotte, and Philadelphia, and will continue to add new markets across the U.S. each month.

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Social Auto Transport, Inc. 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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