Who are AutoFi's investors?

AutoFi's investors include 500 Global, BMW i Ventures, Crosslink Capital, Eniac Ventures, FJ Labs, Lerer Hippeau, Mouro Capital, Reshape and 7 more.

How much funding has AutoFi raised?

AutoFi has disclosed $31.4M raised across 4 rounds.

Where is AutoFi headquartered?

AutoFi is headquartered in San Francisco, US.

AutoFi

San Francisco, US · Founded 2015 · Delaware corporation · 195 employees on LinkedIn · 15 known investors

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AutoFi provides a sales platform for automotive retailers that integrates financing, incentives, and deal structuring into a unified AI-powered online and in-store experience. The platform serves dealerships and OEMs by managing the complexity of car sales transactions.

AI & Machine Learning Fintech Retail Tech SaaS

Founders & leadership

AutoFi was founded in 2015 by Michael Mignano, Jonathan Palan, Kevin Singerman, and Mandar Gokhale.

Michael MignanoFounder & CEO

Jonathan Palan Co-Founder and President2014–2018Jonathan Palan is an executive at AutoFi, a sales platform for automotive retailers that manages financing and deal structuring. He previously founded two companies that were acquired.

Kevin Singerman CEO and Co-FounderKevin Singerman is an executive at AutoFi, which provides a sales platform for automotive retailers that integrates financing, incentives, and deal structuring.

Mandar Gokhale Co-founder · Board MemberMandar Gokhale co-founded and led product and engineering at AutoFi for a decade, growing the company to mid-eight-figure annual recurring revenue. He previously worked at PayPal, GoDaddy, and eBay, and was a founding engineer at MicroPlace.

Board

David Silverman Board directorPartner at Crosslink Capital

Investors · 15

500 Globallisted by 500 GlobalPalo Alto · $150K

How we know: open dataset · 500 Global portfolio 2026-08 · Not right? Tell us

BMW i Ventureslisted by BMW i VenturesMountain View · $10M

How we know: BMW i Ventures's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us

Crosslink Capitallisted by Crosslink CapitalMenlo Park · $1M – $9M

How we know: Crosslink Capital's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Eniac Ventureslisted by Eniac VenturesNew York City · $1.2M

How we know: Eniac Ventures's portfolio page · the VCSheet dataset · Not right? Tell us

FJ Labslisted by FJ LabsNew York · $100K – $3M

How we know: FJ Labs's portfolio page · the VCSheet dataset · Not right? Tell us

Lerer Hippeaulisted by Lerer HippeauNew York · $500K – $2M

How we know: Lerer Hippeau's portfolio page · the VCSheet dataset · Not right? Tell us

Mouro Capitallisted by Mouro CapitalLondon · $1M – $15M

How we know: the VCSheet dataset · Not right? Tell us

Reshapelisted by ReshapeNew York · $100K – $2Mvia Vinay Menda · inferred

Sandalphon Capitallisted by Sandalphon CapitalChicago · $100K – $2M

How we know: Sandalphon Capital's portfolio page · Not right? Tell us

ZenStone Venture Capitallisted by ZenStone Venture CapitalSan Jose

Blumberg CapitalreportedMiami · $500K – $5M

How we know: funding news · finance.yahoo.com · Not right? Tell us

FoundersX VenturesreportedSilicon Valley

How we know: funding news · Not right? Tell us

Gradient VenturesreportedSan Francisco · $100K – $10M

How we know: funding news · calcalistech.com · Not right? Tell us

LaconiareportedNew York · $250K – $1M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Y CombinatorreportedSan Francisco · $500K

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$31.4M disclosed across 4 rounds · 2016–2025

$6MSeed roundOct 2025 · 2 sources
Blumberg Capital (lead), Gradient Ventures (lead)
Source ↗

▶$11.1MraisedApr 2019 · 9 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Steve O'BrienExecutive Officer
Mandar GokhaleDirector
Steven AbernethyDirector
David McClellandDirector
David SilvermanDirector
Kevin SingermanExecutive Officer, Director

Offering amount: $11.5M
Amount sold: $11.1M
First sale: Apr 2019
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$11.5MraisedFeb 2018 · 10 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

David McClellandDirector
Kevin SingermanExecutive Officer, Director
Steven AbernethyDirector
David SilvermanDirector

Offering amount: $11.5M
Amount sold: $11.5M
First sale: Jun 2017
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$2.8MraisedMay 2016 · 14 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Jonathan PalanExecutive Officer, Director
Kevin SingermanExecutive Officer, Director
David SilvermanDirector

Offering amount: $3.6M
Amount sold: $2.8M
First sale: May 2016
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

2 people who came through AutoFi went on to found or lead other companies.

Mingfeng WuInvestorFounded DecorMatters Farris WuInvestorFounded DecorMatters

Related companies · 10

KoalafiKoalafi provides point-of-sale financing for merchants, offering Lease-to-Own and lending solutions (with loans issued by The Bank of Missouri) so retailers can extend pay-over-time options to non-prime consumers. It handles consumer credit risk, pays merchants after delivery, and offers approval amounts up to $7,500 in the U.S.

Dealer Dot ComDealer.com, part of Cox Automotive, provides digital marketing solutions for car dealerships, including personalized dealership websites, data-driven advertising, SEO, managed services, and digital retailing tools. It also offers analytics through its nVision platform and creative services for automotive retailers.

SelectFISelectFI provides an AI-based tool for car dealerships that predicts loan approval and interest rates for each deal without submitting formal credit applications or requiring a customer's SSN. It also automates lending compliance tasks under ECOA and FCRA, targeting auto dealerships navigating customers, lenders, and regulators.

EverFiEverFi builds educational programs and training solutions that serve schools and companies, helping them make education accessible across grade school through executive levels.

SkyFiSkyFi operates a platform that provides access to satellite imagery and Earth observation analytics from multiple providers through a single, user-friendly interface with transparent pricing. The platform serves commercial and government sectors across various industries needing geospatial insights for decision-making.

TransfiTransFi provides stablecoin-powered infrastructure for cross-border payments, letting businesses and enterprises send, receive, and swap fiat and digital assets across 100+ countries and 40+ currencies with local payment methods. The platform supports real-time fiat and stablecoin settlement, digital asset trading across multiple blockchains, and compliance for international transactions, with a focus on emerging markets including LATAM, Africa, and Southeast Asia.

Cox AutomotiveCox Automotive's EV Battery Solutions division provides comprehensive battery lifecycle management for electric and hybrid vehicles, including diagnostics, repair, refurbishment, recycling, storage, and logistics. The company serves automotive businesses across North America and Europe with a network of service centers and recycling facilities.

SpyneSpyne provides an AI-powered platform that helps car dealers source, list, market, and sell vehicles. The platform serves automotive dealers looking to streamline their digital operations and brand management.

Veryfi, Inc.Veryfi builds an AI-powered data extraction and processing platform that converts unstructured documents like receipts and invoices into actionable business insights. The platform serves enterprises and startups across industries seeking to automate document-based workflows and reduce manual data entry.

InvocaInvoca provides AI-powered software that connects online and offline touchpoints across the buyer or patient journey, tying interactions like phone calls to revenue. It serves marketing, ecommerce, and contact center teams to optimize demand and convert leads into appointments and sales.

Companies working in the same space as AutoFi.

Frequently asked questions

What does AutoFi do?: AutoFi provides a sales platform for automotive retailers that integrates financing, incentives, and deal structuring into a unified AI-powered online and in-store experience. The platform serves dealerships and OEMs by managing the complexity of car sales transactions.
Who founded AutoFi?: AutoFi was founded by Michael Mignano, Jonathan Palan, Kevin Singerman, Mandar Gokhale in 2015.
Who are AutoFi's investors?: AutoFi's investors include 500 Global, BMW i Ventures, Crosslink Capital, Eniac Ventures, FJ Labs, Lerer Hippeau, Mouro Capital, Reshape and 7 more.
How much funding has AutoFi raised?: AutoFi has disclosed $31.4M raised across 4 rounds.
Where is AutoFi headquartered?: AutoFi is headquartered in San Francisco, US.