BizzyCar Raises $15M in Growth Fund
BizzyCar, an autotech powerhouse that has been turning heads with its automated recall services, just secured a hefty $15 million in growth funding.
This round, led by Dealer Tire, was so popular that it became oversubscribed, with plenty of eager investors wanting in on the action.
Existing investors also jumped back on board, signaling that the company is on an unstoppable trajectory.
So, what's the plan for all this new capital?
BizzyCar is ready to scale its AI-driven platform to meet the swelling demand from dealerships across the U.S. and Canada.
The company has already been posting an impressive 300% growth year over year, and now it's aiming to shift its success into an even higher gear. If Ryan Maher, BizzyCar’s CEO (who, by the way, has an estimated net worth of $10 million), has his way, dealerships are about to see a whole new level of service automation.
He said:
"We're excited about the future of BizzyCar and this latest funding round is a critical step in our growth journey,"
For those not familiar with BizzyCar’s magic, the company’s main product is a fully automated service platform designed to streamline dealership operations by managing recalls.
It’s been a game-changer, helping dealerships increase efficiency and profits—music to the ears of anyone running a business, especially in today's market.
In fact, the platform often drives a 10x return on investment, which is more than enough to get anyone’s engine revving.
And it doesn't stop there. BizzyCar has also rolled out a new tool called "Recall Scout" to help dealerships tap into a huge revenue stream—handling those 70 million recalled vehicles currently on the road.
With a growing team and plans to add more employees by year’s end, BizzyCar’s future looks as bright as a freshly waxed car in the summer sun. The autotech revolution has truly hit full throttle.