Automotive Titling Company, LLC

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Automotive Titling Company, LLC - overview

Established

1996

Location

-, CO, US

Primary Industry

Software

About

Automotive Titling Company, LLC offers specialized title and registration processing services, streamlining the complex DMV processes for automotive dealers, credit unions, and SaaS companies across the United States. Founded in 1996 in the United States, Automotive Titling Company focuses on title and registration processing services for the automotive sector. The firm completed its most recent funding round on December 9, 2020, with Polaris Partners as the investor. No significant pivots or subsidiaries are noted in its operational history.


Automotive Titling Company (ATC) specializes in comprehensive title and registration processing services tailored for automotive dealers, credit unions, and automotive SaaS companies. Their core offering is a white glove service for handling out-of-state title and registration needs, which alleviates the manual DMV processes that dealers typically face. Additionally, ATC provides a robust DMV Data API that encompasses tax, registration, and document databases across every jurisdiction in the United States, facilitating a seamless car buying experience. This service is particularly beneficial for credit unions and other financial institutions that prefer to manage title and registration tasks internally.


ATC primarily operates in the United States, serving a client base of over 10,000 automotive dealers, thus positioning itself as a key player in the automotive titling and registration market. ATC generates revenue through a combination of service fees associated with its title and registration processing offerings and partnerships with automotive dealers and financial institutions. The transactional structure typically involves a fee for each title and registration processed, with a potential subscription model for continuous access to their DMV Data API, which provides comprehensive jurisdictional data. This model allows clients to efficiently complete their title and registration needs while focusing on their primary operations of selling vehicles.


Specific pricing details for the services provided, including flagship offerings, are established during contractual agreements with clients, ensuring a tailored solution that meets the unique demands of each partnership. The company's established relationships with automotive dealers and credit unions facilitate a steady revenue stream resulting from the outsourced processing of DMV-related tasks. Automotive Titling Company plans to enhance its offerings by launching new products that improve the title and registration process. The funding from Polaris Partners, received in December 2020, will be instrumental in supporting these product developments and exploring expansion into new markets.


The company is targeting growth in additional states across the U. S. to increase its client base and service capabilities.


Current Investors

Polaris Partners

Primary Industry

Software

Sub Industries

Content Management Software

Website

www.autotitling.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Automotive Titling Company, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedAutomotive Titling Company, LLC-

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