Spinny gets $65 million funding at a valuation of $350 million
15 April 2021
Used cars platform Spinny has concluded its Series C funding round by raising $65 million from Silicon Valley-based venture capital firm General Catalyst and others at a post-money valuation of $350 million. New investors Feroz Dewan's Arena Holdings and Think Investments, and existing backers Elevation Capital and Fundamentum Partnership, also participated in the funding round that saw some early-stage investors sell stock worth $15 million.
Used cars platform Spinny has concluded its Series C funding round by raising $65 million from Silicon Valley-based venture capital firm General Catalyst and others at a post-money valuation of $350 million. New investors Feroz Dewan's Arena Holdings and Think Investments, and existing backers Elevation Capital and Fundamentum Partnership, also participated in the funding round that saw some early-stage investors sell stock worth $15 million.
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