NexPhase Capital Invests in DealerOn

January 7, 2020

DealerOn, a Rockville, Maryland-based website and digital marketing platform for automotive dealerships, announced a strategic investment and partnership with NexPhase Capital. DealerOn will remain led by founders Ali and Amir Amirrezvani and will use the partnership to scale its technology, expand its development team, and accelerate growth across its 3,500 dealership customers; terms were not disclosed.

Targets
DealerOn, Inc.
Location
Maryland, United States
Transaction Type
Growth capital

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