{"id":591,"date":"2018-07-17T14:12:35","date_gmt":"2018-07-17T18:12:35","guid":{"rendered":"https:\/\/research.ncsu.edu\/win\/?p=591"},"modified":"2024-01-08T16:40:29","modified_gmt":"2024-01-08T21:40:29","slug":"spiffy-secures-9m-funding-led-by-bull-city-venture-partners","status":"publish","type":"post","link":"https:\/\/research.ncsu.edu\/win\/spiffy-secures-9m-funding-led-by-bull-city-venture-partners\/","title":{"rendered":"Spiffy Secures $9m Funding Led by Bull City Venture Partners<\/a>"},"content":{"rendered":"\n\n\n\n

RESEARCH TRIANGLE PARK, N.C.<\/span>,\u00a0July 17, 2018<\/span>\u00a0\/PRNewswire\/ — Get Spiffy, Inc. (Spiffy), an on-demand car care, technology, and services company, today announced the closing of a\u00a0$9m<\/span>\u00a0fund raise led by Bull City Venture Partners.<\/p>\n

The new capital infusion will enable Spiffy to broaden car care services, expand geographies, and develop additional channels.<\/p>\n

All existing Spiffy investors, including IDEA Fund Partners, participated in the funding and new investors were added including strategic investor MANN+HUMMEL. Other investors included Visionary Private Equity Group, the North Carolina Venture Capital Multiplier Fund, Wolfpack Investor Network (WIN), and VentureSouth.<\/p>\n

“Since our first investment, Spiffy has grown from three to five markets, added several new services like mobile oil change, and dramatically expanded their fleet business. With this financing, we are excited to continue to support Spiffy on their very impressive growth trajectory,” said\u00a0Jason Caplain<\/span>, general partner Bull City Venture Partners.<\/p>\n

“Just as e-commerce changed the retail landscape, on-demand services are changing consumer expectations around every touchpoint in a service interaction. Investing in Spiffy gives us the opportunity to explore the fascinating intersection of our products and their on-demand services,” said\u00a0Charles Vaillant<\/span>, MANN+HUMMEL Chief Technology Officer.<\/p>\n

“We continue to experience over 100% y\/y growth and incredibly high customer satisfaction. We look forward to using the proceeds of this round to roll out more 5-star services, geographies, and channels,” said Spiffy CEO,\u00a0Scot Wingo<\/span>.<\/p>\n

Dr.\u00a0Ron Zamber<\/span>, Chairman of Visionary Private Equity Group commented, “VPEG is excited to be an investor in Spiffy as they are capitalizing on their unique approach to market in a methodical and precise manner. Beyond the rapid rise in on-demand services, Spiffy via Spiffy Blue (a proprietary on-board diagnostics solution) is also well positioned to capitalize on the explosion in the IoT market which is predicted to generate\u00a0$300 Billion<\/span>\u00a0annually by 2020 being led by manufacturing, transportation, and logistics.”<\/p>\n

About Spiffy
\n<\/b>Spiffy (www.GetSpiffy.com<\/a>) is an on-demand technology and services company with the mission to redefine the car care experience everywhere. Anyone can schedule a service in less than two minutes with the Spiffy app. Spiffy currently operates in\u00a0Raleigh<\/span>\u00a0and\u00a0Charlotte, North Carolina<\/span>,\u00a0Atlanta, Georgia<\/span>,\u00a0Los Angeles, California<\/span>\u00a0and\u00a0Dallas, Texas<\/span>. Spiffy washes, details, and changes oil using the Spiffy Green environmentally-friendly system that is the eco-friendliest way to care for your vehicle. Spiffy’s innovative technology allows clients to schedule, track and pay for services at the time and location of their choosing. The Spiffy Blue on-board diagnostics solution puts Spiffy technology in customers’ hands nationwide.<\/p>\n

PR Contacts:
\n<\/b>Holly Hitchcock<\/span>
\nFront Lines Media
\nholly@FrontLines.io
\n866-316-2368<\/p>\n

Grayson Leverenz<\/span>
\nVP Marketing
\ngrayson@getspiffy.com
\n919-500-2482<\/p>","protected":false},"excerpt":{"rendered":"

RESEARCH TRIANGLE PARK, N.C.,\u00a0July 17, 2018\u00a0\/PRNewswire\/ — Get Spiffy, Inc. (Spiffy), an on-demand car care, technology, and services company, today announced the closing of a\u00a0$9m\u00a0fund raise led by Bull City…<\/p>\n","protected":false},"author":1119,"featured_media":592,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ncst_custom_author":"","ncst_show_custom_author":false,"ncst_dynamicHeaderBlockName":"ncst\/default-post-header","ncst_dynamicHeaderData":"{\"showAuthor\":true,\"showDate\":true,\"showFeaturedVideo\":false}","ncst_content_audit_freq":"","ncst_content_audit_date":"","ncst_content_audit_display":false,"ncst_backToTopFlag":"","footnotes":""},"categories":[9],"tags":[56,39,79,80,81,47],"class_list":["post-591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-angel-investing","tag-angel-network","tag-car-washes","tag-scot-wingo","tag-spiffy","tag-wolfpack-investor-network"],"displayCategory":null,"acf":{"ncst_posts_meta_modified_date":null},"yoast_head":"\nSpiffy Secures $9m Funding Led by Bull City Venture Partners - Wolfpack Investor Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/research.ncsu.edu\/win\/spiffy-secures-9m-funding-led-by-bull-city-venture-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spiffy Secures $9m Funding Led by Bull City Venture Partners - Wolfpack Investor Network\" \/>\n<meta property=\"og:description\" content=\"RESEARCH TRIANGLE PARK, N.C.,\u00a0July 17, 2018\u00a0\/PRNewswire\/ — Get Spiffy, Inc. 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