Overfuel Acquires 321 Ignition
September 28, 2023
Indianapolis-based digital retail platform Overfuel has acquired Washington state-based 321 Ignition, a mobile-first car-buying website platform. The acquisition (closed Aug. 17) adds roughly 15 employees and expands Overfuel's customer base to over 100 dealers while supporting faster product development; Overfuel also raised $500,000 in a pre-seed round led by Elevate Ventures to support growth.
- Buyers
- Overfuel
- Targets
- 321 Ignition
- Industry
- Software
- Location
- Washington, United States
- Transaction Type
- Buyout
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