Mojo Motors, Inc. was an American automotive classified website for preowned automobiles.[1][2]
 | |
| Company type | Private |
|---|---|
| Industry | Automotive |
| Founded | 2011 |
| Headquarters | New York City, NY, United States |
Key people | Paul Nadjarian (Founder & CEO) Tae Oh (CTO) Nicholas Frank (VP of Sales) Jason Morman (Sales Team Lead) |
| Website | www |
Founder Paul Nadjarian was a Ford Motor Company and eBay Motors executive before starting Mojo Motors, Inc. in 2011.[3] The startup aggregates used cars from dealerships in a geographic area that offer discount pricing and then alerts shoppers when the price of the vehicle they are following drops in price.[4]
In 2012, the company secured nearly $5 million in funding from venture firms Atlas Venture, RPM Ventures and NextView Ventures to expand nationwide.[5]
References
edit- ^ "Mojo Motors Promotes New Way To Buy Used Cars". About.com. 2011-09-25. Retrieved 2012-05-08.
- ^ "Mojo Motors Raises $3 Million from Atlas, NextView, RPM to Make Buying a Car Easier". BostInno.com. 2012-05-08. Retrieved 2012-05-08.
- ^ "Mojo Motors Obtains $3 Million Funding to Push Expansion, Development & More". 2012-05-08. Retrieved 2012-05-08.
- ^ "MojoMotors: A Virtual Middleman Between Used-Car Lots and Shoppers". 2012-05-17. Retrieved 2012-05-17.
- ^ "Mojo Motors Fuels Up With $3M From Atlas, RPM For Better Used Car Shopping". TechCrunch.com. 2012-05-08. Retrieved 2012-05-08.
Further reading
edit- Moore, Steph (August 11, 2011). "Mojo Motors' new website offers members-only prices on used cars from local dealers". The Pulse Magazine. Retrieved June 29, 2012.
- Trigaux, Robert (May 18, 2012). "New online used-auto competitor coming to Tampa Bay with low price promise". Tampa Bay Times. Archived from the original on May 21, 2012. Retrieved June 29, 2012.