What is Auto Exam?
Founded in 1992 and headquartered in Houston, TX, Auto Exam, Inc. specializes in safeguarding consumers against the risks associated with pre-purchase used vehicles. The company offers a comprehensive suite of products, including vehicle service contracts, Guaranteed Asset Protection (GAP) coverage, and various loan protection products. By partnering with credit unions, Auto Exam provides essential services and advanced technology solutions to its clientele. Their product expansion now encompasses collateral protection and credit insurance, solidifying their role as a nationwide marketing entity for automotive financial products.
How much funding has Auto Exam raised?
Auto Exam has raised a total of $363K across 2 funding rounds:
Debt
$150K
Debt
$213K
Debt (2020): $150K with participation from PPP
Debt (2021): $213K led by PPP
What's next for Auto Exam?
The company's large-scale late-stage funding context suggests a focus on scaling operations, expanding market reach, and potentially enhancing its technological infrastructure. This strategic investment is likely to fuel further development of its consumer protection offerings and strengthen its partnerships within the automotive and financial services sectors. Auto Exam is poised to continue its trajectory of growth, reinforcing its commitment to consumer advocacy in the automotive marketplace.
See full Auto Exam company page
