Mojo Motors
From Wikipedia, the free encyclopedia
Mojo Motors, Inc. was an American automotive classified website for preowned automobiles.[1][2]
| |
| Company type | Private |
|---|---|
| Industry | Automotive |
| Founded | 2011 |
| Headquarters | New York City, NY, United States |
Key people | Paul Nadjarian (Founder & CEO) Tae Oh (CTO) Nicholas Frank (VP of Sales) Jason Morman (Sales Team Lead) |
| Website | www |
Background
Founder Paul Nadjarian was a Ford Motor Company and eBay Motors executive before starting Mojo Motors, Inc. in 2011.[3] The startup aggregates used cars from dealerships in a geographic area that offer discount pricing and then alerts shoppers when the price of the vehicle they are following drops in price.[4]
Funding
In 2012, the company secured nearly $5 million in funding from venture firms Atlas Venture, RPM Ventures and NextView Ventures to expand nationwide.[5]