Greater Sum Ventures Leads Majority Investment in Vehlo
June 6, 2022
Greater Sum Ventures (GSV) led a majority strategic growth investment in Vehlo, joined by existing investors PSG, HarbourVest Partners and Parkwood, and new investor Lightyear Capital. The financing will support Vehlo’s product innovation, customer success initiatives and additional add-on acquisitions as it expands its cloud-based software and fintech solutions for the automotive repair industry.
- Buyers
- Greater Sum Ventures, PSG, HarbourVest Partners, Parkwood, Lightyear Capital
- Targets
- Vehlo
- Industry
- Cloud & SaaS
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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