CarLotz
Richmond, US · Founded 2011 · Delaware corporation · 59 employees on LinkedIn · 1 known investors
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1,184 people in our graph share verified history with the CarLotz team — schools, employers, funds. One of them is your warm intro.
Laura Buhlerunlockedknows Aaron S. Montgomery · together at McKinsey & Company (overlapped)
knows the team · via Harvard University
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Founders & leadership
CarLotz was founded in 2011 by Michael W. Bor, William Boland, and Aaron S. Montgomery.
MW
Michael W. BorinCo-founderMichael Bor founded CarLotz, a vehicle remarking platform that went public via SPAC merger in 2021, and previously worked as a director in mergers and acquisitions at Harris Williams & Co., investment banker at Lehman Brothers, and financial fraud investigator at PricewaterhouseCoopers. He holds an MBA from Harvard Business School and a BS in Finance from Lehigh University.
WB
William BolandCo-founder
AS
Aaron S. MontgomeryinCo-Founder | Board Member2019–2021Aaron Montgomery is Co-Founder and CEO of Henry, a home maintenance platform. Previously, he co-founded CarLotz, a used-car marketplace that went public, served as Chief Strategy Officer at Mission Lane, and held roles at McKinsey and Kiva Systems (now Amazon Robotics).
MJ
Michael J. McClendonNamed on SEC filing
Investors · 1
Funding
SEC filings, press & company announcements$48.1M disclosed across 4 rounds · 2012–2026
- $30MraisedMay 2026Source ↗
▶$12MraisedOct 2017 · 1 investors · RetailingRule 506(b)
▶$12MraisedOct 2017 · 1 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Michael W. BorExecutive Officer, Director
- William BolandExecutive Officer, Director
- Aaron S. MontgomeryExecutive Officer, Director
- Michael J. McClendonDirector
- Offering amount
- $12M
- Amount sold
- $12M
- First sale
- Sep 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.6MraisedAug 2014 · 28 investors · RetailingRule 506(b)
▶$4.6MraisedAug 2014 · 28 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Aaron S MontgomeryExecutive Officer, Director
- Michael J McClendonDirector
- William BolandExecutive Officer, Director
- Michael W BorExecutive Officer, Director
- Offering amount
- $5M
- Amount sold
- $4.6M
- Minimum investment
- $30K
- Proceeds to insiders
- $390K
- First sale
- Jul 2014
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$1.5MraisedMar 2012 · 15 investors · RetailingRule 506(b)
▶$1.5MraisedMar 2012 · 15 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Aaron S. MontgomeryExecutive Officer, Director
- William BolandExecutive Officer, Director
- Michael W. BorExecutive Officer, Director
- Michael J. McClendonDirector
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- First sale
- Mar 2012
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- Who founded CarLotz?
- CarLotz was founded by Michael W. Bor, William Boland, Aaron S. Montgomery in 2011.
- Who are CarLotz's investors?
- CarLotz's investors include Capital Q® Ventures Inc..
- How much funding has CarLotz raised?
- CarLotz has disclosed $48.1M raised across 4 rounds.
- Where is CarLotz headquartered?
- CarLotz is headquartered in Richmond, US.