Signal Automotive operates a technology-enabled wholesale platform combining proprietary software and managed services to optimize dealer buying, selling, and inventory allocation. Its Predictive Inventory Engine (PIE) analyzes millions of real-time vehicle and market data points to curate inventory and help dealers identify optimal inventory mixes. The platform provides near real-time guaranteed offers to selling dealers and enables buyers to purchase curated lists—Signal advertises the ability to "purchase 20 vehicles in 20 minutes"—with logistics and delivery of front-line ready vehicles included in the price. Signal was founded in 2017 and maintains offices in Vancouver BC, Lynden WA, Los Angeles CA and Vilnius L.T. The company plans to expand its dealer network across North America and further invest in its technology platform and data analytics capabilities. It completed a $20MM financing to accelerate growth and development of its platform.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Nov 2020