AutoRef.com Raises $850K of Seed Funding
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Santa Monica, California – AutoRef.com, an eCommerce site providing information and reviews to consumers who wants to buy a new car and then offering similar vehicles based on their research history has raised $850,000 of seed funding from T-Venture, the venture arm of Deutsche Telekom.
“New cars are easy. You get three new cars, zero mileage, and you control all the variables – color, mileage, and year. It’s really easy to just get the lowest price.” CEO Michael Pena explains.
AutoRef.com started its services just last year and now it has expanded to 5,200 dealerships across the U.S.
Funding Total: $850,000
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