Venture Houston 2018
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14 September 2018

Lithia makes Shift in $140m series D

Automotive sales services provider Shift Technologies raised debt and equity financing in a round led by Lithia Motors and backed by BMW i Ventures.

Author: Robert Lavine, News Editor

Automotive retailer Lithia Motors invested $54m yesterday to lead a series D round for US-based online vehicle sales service provider Shift Technologies consisting of more than $140m in equity and debt financing.