MyDealerOnline is a B2B digital platform that enables dealers to broker wholesale auto auction inventory straight from their dealership websites. The product removes uncertainty from wholesale buying and supports a “Sell Before You Buy” workflow so dealers can obtain inventory without upfront capital investments. The company aggregates inventory from local auctions around Greater Philadelphia, national auctions, and auctions overseas. Recent developments cited include new product features, prosperous partnerships, and industry recognition. Financially, MyDealerOnline received an additional $1M just before the close of 2015, bringing total funding to $3.25M. Management plans to use the financing to increase its subscriber base, grow new and existing partnerships, and expand internationally.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jan 2016