APFusion Raises $6.5 Million in Series Seed Financing Co-Led by Left Lane Capital & Bedrock Capital
Summary
"Our highly engaged customers have helped guide our path as a company, and we are extremely grateful to have additional capital behind us to continue to build and expand our offerings. ""When we think about industries that have generally been untouched by software, the auto salvage yard world ranks as one of the most antiquated," mentioned Derek Urben, an Investor at Left Lane Capital, who is joining the APFusion Board of Directors. "When we first met Alex and heard the story around APFusion, we werent surprised that it was this Champaign-based startup that had discovered this unique problem in an overlooked industry - were used to seeing that," commented M25 Managing Partner, Victor Gutwein. ""APFusion has been a game-changer for our sales team, having an Aftermarket and Surplus catalog integrated into our YMS has made a huge difference in our ability to say yes to the customer," said Gabe Givens, Inventory Manager at Counselman Automotive Recycling. The firm and its founding partners have been amongst the earliest investors in companies including Nubank, Lyft, Canva, Rippling, Vercel, and Flock Safety.