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The Daily Download: Featuring CarCapital Technologies

CarCapital Technologies has landed $5.4 million dollars as part of an effort to raise more than $8 million, according to a filing with the U.S. Securities and Exchange Commission. The first sale of the funding effort came last month, the filing shows.

The company has a “vision to make the financing process easier” for auto dealers and consumers, according to its website.

The website says that the company’s unique process allows them to dial-in what the dealer has on their lot and make the vehicle purchase process easy for the consumer.

Visit Automotive Ventures YouTube for more.

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