On the heels of its rebrand in November, mobility provider STRATIM has bought itself to KAR auction services, a motor vehicle remarketing business. terms of the deal have been not disclosed.
STRATIM, previously referred to as on-demand valet and automobile capabilities startup ZIRX, powers fleet administration for greater than 50 agencies, together with BMW (DriveNow), general Motors (Maven), Ford (Chariot) and Toyota, to power their respective mobility functions.
through STRATIM’s vendor industry, for instance, Ford can request fuel fill-u.s.a.for its Chariot shuttles. the following day, a gasoline enterprise will come to fill up the tanks and then ship that advice returned into the device.
“KAR shares our entrepreneurial spirit and has the components to gas our persevered boom and growth,” STRATIM CEO Sean Behr said in a press release. “We’re extremely joyful to be part of the KAR household and carry expertise and innovation that energy our shoppers’ fleets.”
STRATIM will proceed to operate from its headquarters in San Francisco, however will technically be part of KAR’s digital services community. ZIRX had up to now raised over $ 36.four million from investors like Bessemer mission companions, Norwest mission partners, BMW’s iVentures and others. The leftover funding rolled over into STRATIM.
Featured graphic: STRATIM
Fundings & Exits – TechCrunch