EPIC Raises $10 Million to Advance the Loan Payoff Clearinghouse in the Automotive Industry
Summary
EPIC raised $10 million in Series A funding to expand its loan payoff clearinghouse for the automotive industry. The company provides a digital platform that streamlines payoff quotes and title releases for dealers, lenders, and insurers. EPIC says the system reduces manual work, errors, delays, and holding costs across automotive transactions. The company plans to use the capital to grow its market reach and extend into powersports and RV markets.
Funding
Amount
$10.0M
Total raised
Date
October 28, 2025
Announcement date
Investors
-
Lead investors
Company
https://www.withepic.com
Funded company
Classifications
industries
Fintech & Banking
applications
Learning Management Systems (LMS)
AskAI Classifications
Labels
SaaS
Fintech Software
Workflow Automation Software
Linked Companies
EPIC
$1M to $5M