Signal Automotive

About:

Signal is a technology-enabled automotive wholesale platform that employs data to optimize wholesale dealer trades.

Website: https://www.signal.vin/

Top Investors: Kayne Anderson Growth Capital

Description:

Signal is a technology-enabled automotive wholesale platform that employs data to optimize wholesale dealer trades. Developed to modernize and automate the wholesale process, Signal allows buyers and sellers to leverage its powerful near real-time appraisal platform. Its Predictive Inventory Engine (PIE) enables dealers to understand their optimal inventory mix and then purchase curated lists of wholesale vehicles. The pricing model includes the delivery of front-line ready vehicles to a dealer’s lot, saving time, money, and energy. The platform creates efficiency throughout the wholesale process by providing transparent pricing, consistent inventory, high quality, and simplified logistics. Signal was founded in 2017 by Steve Jillings.

Total Funding Amount:

$20M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Los Angeles, California, United States

Founded Date:

2017-01-01

Founders:

Steve Jillings, Tane Jillings

Number of Employees:

11-50

Last Funding Date:

2020-11-10

IPO Status:

Private

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