Home

The Presidio Group Assisted RunBuggy in Securing a $37 Million Series B Funding Round with Centana Growth Partners

via Business Wire

The Presidio Group assisted RunBuggy, a technology platform focused on automotive transportation and logistics, in its $37 million Series B funding round led by Centana Growth Partners. The new capital will enable RunBuggy to accelerate product development and expand its ability to serve transporters and shippers across the automotive ecosystem.

“Centana’s investment validates the approach we’ve taken since day one — technology that meaningfully improves outcomes for both transporters and shippers coupled with customer service, delivered on a platform built with security and trust at its core,” said Kevin Malik, CEO of RunBuggy. “We are proud to be one of the only platforms in this industry making sustained continued material investments in both technology and experience, while scaling across all major verticals including banks, consumers, manufacturers, dealerships and auctions.”

The investment by Centana Growth Partners, a specialized growth equity firm investing in financial services and technology, was accompanied by an additional contribution from OMI Capital, one of RunBuggy’s original investors. The Series B funding reflects confidence in RunBuggy’s proprietary artificial intelligence-driven platform and its commitment to customer service. With the additional capital, RunBuggy will continue to develop its technology and support a wide range of industry participants.

“We are always proud to support cutting-edge auto tech companies such as RunBuggy,” said Brodie Cobb, CEO of The Presidio Group. “This is a team of great founders and leaders who are solving significant challenges in the massive auto logistics ecosystem. Their vision and execution are setting new standards for the industry.”

Malik added, “We appreciate The Presidio Group’s support of RunBuggy, especially in introducing us to great capital partners such as Centana. Their network was instrumental in helping us secure the right partners for our next stage of growth."

About RunBuggy

RunBuggy is a technology platform that connects car shippers and haulers. RunBuggy allows shippers to seamlessly integrate car transportation services, reducing cost and improving time to deliver. For transporters, RunBuggy offers an alternative to expensive load boards and custom software solutions to better find and manage transportation loads. To learn more, visit www.runbuggy.com.

About Centana Growth Partners

Centana Growth Partners is a specialized growth equity firm that invests in the future of finance. Centana collaborates with companies across the entire financial services ecosystem, from institutions to fintech disruptors, to add strategic and long-term value to their portfolio companies. Visit www.centanagrowth.com for more information.

About The Presidio Group LLC

The Presidio Group was founded with the simple mission to relentlessly put the interests of our clients first. By steadfastly adhering to this philosophy, the firm has earned the trust of clients throughout the U.S. During their careers, the professionals at Presidio have collectively closed more than 295 transactions for over $19.5 billion. The Presidio Group, based in Denver and Atlanta, publishes Presidio Perspectives: A Quarterly Outlook on Auto Retail and M&A Trends, a leading source of information about the automotive retail landscape. Presidio Merchant Partners LLC is a subsidiary of The Presidio Group LLC and is a member of FINRA and SIPC. For more information on Presidio, visit www.thepresidiogroup.com.

Contacts