Mojo Motors, Inc. was an American automotive classified website for preowned automobiles.
Founder Paul Nadjarian was a
Ford Motor Company
Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobi ...
and eBay Motors executive before starting Mojo Motors, Inc. in 2011. 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.
In 2012, the company secured nearly $5 million in funding from venture firms
Atlas Venture
Atlas Venture is an early-stage venture capital firm that invests in life sciences startup companies in the U.S. Atlas is headquartered in Cambridge, Massachusetts, where the majority of its investments are located. Atlas rolled out its eleventh ...
, RPM Ventures and NextView Ventures to expand nationwide.
References
Further reading
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* {{cite news , url=http://www.tampabay.com/blogs/venturebiz/content/new-online-used-auto-competitor-coming-tampa-bay-low-price-promise , title=New online used-auto competitor coming to Tampa Bay with low price promise , newspaper=Tampa Bay Times , date=May 18, 2012 , accessdate=June 29, 2012 , author=Trigaux, Robert
External links
Official website
Online automotive companies of the United States
Marketing companies established in 2011
Internet properties established in 2011
Online advertising services and affiliate networks