AutoFi
San Francisco, US · Founded 2015 · Delaware corporation · 195 employees on LinkedIn · 14 known investors
Find your way into AutoFi
847 people in our graph share verified history with the AutoFi team — schools, employers, funds. One of them is your warm intro.
David Fialkowunlockedknows Kevin Singerman · together at General Catalyst (overlapped)
×11knows the team · via General Catalyst
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.
Founders & leadership
AutoFi was founded in 2015 by Michael Mignano, Jonathan Palan, Kevin Singerman, and Mandar Gokhale.
MM
Michael MignanoFounder & CEO
JP
Jonathan PalaninCo-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.
KS
Kevin SingermaninCEO and Co-FounderKevin Singerman is an executive at AutoFi, which provides a sales platform for automotive retailers that integrates financing, incentives, and deal structuring.
MG
Mandar GokhaleinCo-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
DS
Investors · 14
500 GlobalSan Francisco · $150K
BMW i VenturesMountain View · $10M
Crosslink CapitalSan Francisco · $1M – $9M
Eniac VenturesNew York · $1.2M
FJ LabsNew York · $100K – $3M
Lerer HippeauNew York · $500K – $2M
Mouro CapitalLondon · $1M – $15M
ReshapeNew York · $100K – $2Mvia Vinay Menda · inferred
Sandalphon CapitalChicago · $100K – $2M
ZenStone Venture CapitalSan Jose
Blumberg Capitalreported · 2 sourcesMiami · $500K – $5M
FoundersX VenturesreportedSilicon Valley
Gradient Venturesreported · 2 sourcesSan Francisco · $100K – $10M
Y CombinatorreportedSan Francisco · $500K
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 · OtherRule 506(b)
▶$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
▶$11.5MraisedFeb 2018 · 10 investors · OtherRule 506(b)
▶$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
▶$2.8MraisedMay 2016 · 14 investors · OtherRule 506(b)
▶$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
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.
Competitors · 9
by search overlap
Koalafi28 shared keywordsKoalafi 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 Com25 shared keywordsDealer.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.
SelectFI24 shared keywordsSelectFI 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.
EverFi21 shared keywordsEverFi builds educational programs and training solutions that serve schools and companies, helping them make education accessible across grade school through executive levels.
SkyFi18 shared keywordsSkyFi 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.
Cox Automotive17 shared keywordsCox 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.
Spyne16 shared keywordsSpyne 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.15 shared keywordsVeryfi 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.
Invoca15 shared keywordsInvoca 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 competing with AutoFi for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Caliber Mining’s ₹450 crore IPO opens today; raises ₹135 crore from anchor investors ahead of issuefortuneindia.com · Jul 2026Frequently 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 6 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.