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§ Private Profile · Bellevue, WA, USA
FinTech platform connecting consumers with lenders for fast financing of auto repairs, parts, and services at dealerships and repair shops.
Based in Bellevue, Washington, DigniFi operates a financial technology platform that connects consumers with lenders to quickly finance essential automotive repairs, parts, accessories, and services. The company utilizes machine learning algorithms to match users with optimal loan products across a network of over 5,000 auto service businesses and dealerships, enabling upfront payments to providers while customers repay over one to three years. Operating with a workforce of 51 to 100 employees, the enterprise has processed more than 690,000 loan applications and generates approximately $26.4 million in annual revenue. DigniFi has secured a $14 million Series A equity round backed by BuildGroup and Exor Seeds, alongside a $275 million debt financing facility from Neuberger Berman to fund consumer loans. Currently led by Chief Executive Officer Neeraj Mehta, the automotive financing company was originally founded in 2012.
DigniFi has raised $189.0M across 2 funding rounds.
DigniFi has raised $189.0M in total across 2 funding rounds.
DigniFi has raised $189.0M across 2 funding rounds. Most recently, it raised $175.0M Debt in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 9, 2024 | $175M Debt Financing | Encina Lender Finance | — | Announced |
| Jun 30, 2020 | $14M Series A | BuildGroup | — | Announced |
DigniFi has raised $189.0M in total across 2 funding rounds.
DigniFi's investors include Encina Lender Finance, BuildGroup.