MANIV


Associated tags: Professional Services, Automotive, General Automotive, Venture Capital, Electronic Commerce, Internet, Hirahara, Sale, Algorithm, City, Auction, Car dealership, Gauge

Locations: UTAH, UNITED STATES, NORTH AMERICA, ISRAEL, MIDDLE EAST, NEW YORK, VC, NYC, LOS ANGELES, SAN FRANCISCO, CHICAGO

Maniv Announces Third Early-stage Venture Fund of $140m to Accelerate the Decarbonization and Digitization of Global Transportation

Retrieved on: 
Thursday, April 4, 2024

Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.

Key Points: 
  • Investing since 2016, Maniv was among the first institutional investors to articulate a global, early-stage investment strategy focused on the intersection between mobility, transportation and energy.
  • Simultaneously, the market-driven decarbonization of transportation – representing as much as one quarter of global GHG emissions – is at an inflection point.
  • Maniv’s third fund is backed by institutional capital, high-net-worth individuals, and a consortium of industry leaders at the forefront of the transportation sector.
  • “Our third fund builds on two decades in the trenches of the global mobility ecosystem,” said Michael Granoff, the firm’s Managing Partner.

Gauge, an Online Auction for Dealers to Buy Used Vehicles From Private Sellers, Closes $5.3M Seed Round

Retrieved on: 
Wednesday, February 22, 2023

Launched in September 2020, Gauge helps for-sale-by-owner sellers get more for their vehicles, while providing a simple solution for dealers to buy high-quality vehicles from private sellers.

Key Points: 
  • Launched in September 2020, Gauge helps for-sale-by-owner sellers get more for their vehicles, while providing a simple solution for dealers to buy high-quality vehicles from private sellers.
  • Hirahara founded the company based on experiences he had helping some of the largest dealers in the country acquire used vehicles from consumers.
  • Dealership buyers can buy a few vehicles or dozens per month depending on their needs, and only pay on a per-transaction basis.
  • For dealers, this is the first channel to acquire vehicles from consumers at scale, whereas previously they could only buy vehicles from a limited number of local consumers.