Carputty, an Atlanta-based fintech company modernizing vehicle financing and ownership, has closed an undisclosed Series B round with a new investment from a global online vehicle technology company alongside existing backers TTV Capital, Fontinalis Partners, and Kickstart Fund, bringing its total capital raised to more than $40 million. The main objective is to expand Carputty’s embedded finance infrastructure more deeply across the automotive ecosystem, growing its Flexline and Flexloan loan-origination and servicing capabilities, which use AI-powered underwriting and vehicle-valuation data to give dealers and lenders embedded financing tools. The Presidio Group served as exclusive financial advisor on the round. Key players include Carputty co-founder and CEO Patrick Bayliss, who called the milestone a reflection of the company’s progress “leveraging technology to improve the customer experience and drive increased revenue for our auto industry partners.” 

Carputty Closes Series B to Accelerate Embedded Finance Push Across the Auto Industry