Launched in 2011 by eBay Motors and Ford veteran Paul Nadjarian, Mojo Motors operates a website that delivers customized price alerts and exclusive member discounts to used car shoppers. After signing up for a free account, members receive personalized alerts when dealers drop prices and gain access to discounted prices on thousands of vehicles. The company completed a beta in the greater Boston area and offers a platform that surfaces local dealership deals. Mojo plans to expand into more major markets during 2012 and to continue developing the Mojo platform. The business intends to scale marketing efforts to accelerate user growth as it moves beyond its beta market.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

May 2012