Motorenn

Motorenn

The Digital Retailer for Used Premium Vehicles

Founded 2020

Los Angeles, United States 6 employees Pre-Seed Total: $1.20M E-Commerce, Automotive

Motorenn is a Los Angeles-based startup revolutionizing the world of used premium vehicles with its slogan "The Digital Retailer for Used Premium Vehicles." Founded in 2020, Motorenn aims to modernize the buying and selling experience of high-end cars through its high-quality inventory, white glove service, and operational excellence. As automotive enthusiasts, the team at Motorenn prioritizes the transformation of the high-end car sales experience, focusing on providing customers with joy and awe rather than haggling or spending endless hours in showrooms. Their commitment to trust, value, and efficiency is reflected in their exhaustive 151-point inspection process, ensuring that vehicles have no salvage titles, frame damage, airbag deployment, or damage to more than two external panels. The company's last investment round of $300.00K in a Pre Seed Round took place on 01 February 2022, with contributions from Goodwater Capital and The PenFed Foundation. Motorenn's innovative data-driven pricing and investment in best-in-class digital capabilities are trailblazing a new retail and e-commerce model, allowing customers to complete the process remotely without ever stepping foot into the showroom. This approach aligns with their commitment to providing transparent, no-haggle prices with no hidden fees, further enhancing the customer experience. Overall, Motorenn's focus on operational excellence, digital innovation, and customer-centric approach positions them as a disruptive force in the E-Commerce industry, with the potential to redefine the way premium used vehicles are bought and sold in the United States and beyond.

Funding Stage	Amount	Investors	Lead Investors	Date
Pre Seed Round	$700.00K	2	Goodwater Capital, The PenFed Foundation	01 Feb 2022
Pre Seed Round	$500.00K	1	Global Founders Capital	08 Jun 2021

Funding Stage

Amount

Investors

Lead Investors

Date

Pre Seed Round

$700.00K

Goodwater Capital, The PenFed Foundation

01 Feb 2022

Pre Seed Round

$500.00K

Global Founders Capital

08 Jun 2021

FAQ About Motorenn

The Digital Retailer for Used Premium Vehicles

Motorenn was founded in 2020.

Motorenn is headquartered in Los Angeles, United States.

Motorenn operates in E-Commerce and Automotive. Its work centres on used premium vehicles, digital retail, automotive enthusiast and data-driven pricing.

Motorenn has approximately 6 employees.

Motorenn has completed 2 funding rounds, raising a total of $1.20M. The latest funding stage is Pre-Seed.

Top alternatives and competitors to Motorenn include Droom, Shift, Carzami, Copart. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Motorenn and Droom are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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