Carputty Closes Series B Financing to Accelerate Growth of Its Embedded Finance Infrastructure Across the Automotive Industry
Carputty, a fintech company modernizing vehicle financing and ownership, announced the successful closing of its
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Carputty, a fintech company modernizing vehicle financing and ownership, announced the successful closing of its Series B financing round to accelerate the expansion of its embedded finance platform across the automotive industry.
The Presidio Group served as exclusive financial advisor to Carputty on the Series B financing.
The capital raised will support continued growth initiatives, including expansion of the company’s advanced loan origination and servicing capabilities and the integration of its embedded finance infrastructure more deeply across the automotive ecosystem. This latest round of financing brings the total capital invested in Carputty to more than $40 million.
The Series B round included a new investment from a global online vehicle technology leader alongside continued support from existing investors TTV Capital, Fontinalis Partners and Kickstart Fund. The financing reflects continued investor interest in simplifying vehicle financing and ownership while creating new opportunities for dealers, lenders and automotive technologies that enable scalability.
“This milestone is a testament to Carputty’s vision and progress in leveraging technology to improve the customer experience and drive increased revenue for our auto industry partners,” said Patrick Bayliss, co-founder and CEO of Carputty. “Our Flexloan™ and Flexline™ products are designed to solve the friction inherent in traditional auto lending. Our scalable platform provides dealers and our other partners with the AI-powered tools they need to drive higher conversion rates, reduce operational overhead and foster lifelong consumer relationships.”
The company’s technology enables a transparent, click-to-buy experience for consumers while providing a powerful customer retention tool. The platform can be integrated into partner workflows, supporting the purchase of additional high-margin products such as extended service plans or aftermarket add-ons and providing a superior profit opportunity for every partner involved.
“The Carputty platform integrates with several of our products and is improving consumer access to auto financing while creating meaningful efficiencies for our dealers,” said David Aeschbacher, chief technology officer at AutoManager, a dealership management system and technology company supporting approximately 5,000 independent dealerships nationwide.
This Series B financing follows Carputty’s evolution to an asset-light and rapidly scalable embedded finance model that aligns the interests of technology, underwriting and capital partners.
“Consumers increasingly expect financing to be as flexible and easy to use as the other digital services they rely on every day,” said Brodie Cobb, CEO of The Presidio Group. “We’re seeing strong interest from investors in companies that remove friction from the vehicle ownership experience and create effortless connections between consumers, dealers and lenders. Carputty has positioned itself at the intersection of those trends.”
About Carputty
Carputty is a leading fintech infrastructure company modernizing vehicle financing and ownership. Through its proprietary Flexline™ and Flexloan™ technology, Carputty provides members and partners with data-driven credit decisions and vehicle valuation insights. Leveraging AI-powered underwriting and an asset-light marketplace model, Carputty enables automotive ecosystem partners to offer seamless, embedded financing solutions that exceed modern consumer experience expectations and drive consumer loyalty. For more information, visit www.carputty.com.
About The Presidio Group LLC
The Presidio Group was founded in 1998 with the simple mission to relentlessly put the interests of its clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the United States. During their careers, the professionals at Presidio have collectively closed more than 325 transactions for nearly $22.5 billion. The Presidio Group, based in Denver and Atlanta, publishes research, industry insights and data reports about the automotive retail landscape. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information about Presidio, visit www.thepresidiogroup.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260909868686/en/
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