ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

The Presidio Group Assisted RunBuggy in Securing a $37 Million Series B Funding Round with Centana Growth Partners

The Presidio Group assisted RunBuggy, a technology platform focused on automotive transportation and logistics, in its $37 million Series B funding round led by Centana Growth Partners. The new capital will enable RunBuggy to accelerate product development and expand its ability to serve transporters and shippers across the automotive ecosystem.

“Centana’s investment validates the approach we’ve taken since day one — technology that meaningfully improves outcomes for both transporters and shippers coupled with customer service, delivered on a platform built with security and trust at its core,” said Kevin Malik, CEO of RunBuggy. “We are proud to be one of the only platforms in this industry making sustained continued material investments in both technology and experience, while scaling across all major verticals including banks, consumers, manufacturers, dealerships and auctions.”

The investment by Centana Growth Partners, a specialized growth equity firm investing in financial services and technology, was accompanied by an additional contribution from OMI Capital, one of RunBuggy’s original investors. The Series B funding reflects confidence in RunBuggy’s proprietary artificial intelligence-driven platform and its commitment to customer service. With the additional capital, RunBuggy will continue to develop its technology and support a wide range of industry participants.

“We are always proud to support cutting-edge auto tech companies such as RunBuggy,” said Brodie Cobb, CEO of The Presidio Group. “This is a team of great founders and leaders who are solving significant challenges in the massive auto logistics ecosystem. Their vision and execution are setting new standards for the industry.”

Malik added, “We appreciate The Presidio Group’s support of RunBuggy, especially in introducing us to great capital partners such as Centana. Their network was instrumental in helping us secure the right partners for our next stage of growth."

About RunBuggy

RunBuggy is a technology platform that connects car shippers and haulers. RunBuggy allows shippers to seamlessly integrate car transportation services, reducing cost and improving time to deliver. For transporters, RunBuggy offers an alternative to expensive load boards and custom software solutions to better find and manage transportation loads. To learn more, visit www.runbuggy.com.

About Centana Growth Partners

Centana Growth Partners is a specialized growth equity firm that invests in the future of finance. Centana collaborates with companies across the entire financial services ecosystem, from institutions to fintech disruptors, to add strategic and long-term value to their portfolio companies. Visit www.centanagrowth.com for more information.

About The Presidio Group LLC

The Presidio Group was founded with the simple mission to relentlessly put the interests of our clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the U.S. During their careers, the professionals at Presidio have collectively closed more than 295 transactions for over $19.5 billion. The Presidio Group, based in Denver and Atlanta, publishes Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends, a leading source of information about the automotive retail landscape. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information on Presidio, visit www.thepresidiogroup.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  228.44
+1.09 (0.48%)
AAPL  270.89
-2.78 (-1.02%)
AMD  214.91
+1.48 (0.69%)
BAC  55.79
+0.52 (0.94%)
GOOG  311.38
+2.76 (0.90%)
META  661.57
+2.80 (0.43%)
MSFT  485.12
-0.80 (-0.16%)
NVDA  183.72
+2.72 (1.51%)
ORCL  198.39
+6.42 (3.34%)
TSLA  488.56
+7.36 (1.53%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.