CoPilot (company)

CoPilot is an online consumer research resource and marketplace for new and used automobiles for American and Canadian consumers.
History
CoPilot was founded in 2015 by serial social and digital entrepreneur, Pat Ryan. CoPilot was a company formed as part of the work out of startup incubator INCISENT Labs Group.
Services
CoPilot website and app include up-to-date prices for new and used vehicles. CoPilot includes a collection of tools and reports that consumers can use to make informed decisions before buying or selling a vehicle.
Price Pulse
CoPilot's Price Pulse claims to track of automotive price changes at every dealer. CoPilot maintains that Price Pulse calculates the difference between an individual car compared to normal market conditions based on nation-wide price trends. The Price Pulse feature is designed to notify consumers about changes in prices over time.
Normal Index Report
CoPilot publishes a monthly index report on automotive pricing trends. The report includes price premium by vehicle age, vehicle type, fuel type, and brand. The report also includes analysis of overall market trends and has been referenced by media outlets.
Market Value Calculator
Copilot makes a calculator publicly available that claims to provide real-time market value of a car or truck.
CoPilot in the News
CoPilot's car buying app claims to have a real-time price feed for used car and truck dealerships in the United States. CoPilot has been cited on consumer auto demand stories by NPR, CNBC, CNN, Newsweek, and Automotive News
Capital Investments
According to Crunchbase CoPilot has secured $22 million (USD) through debt and equity fundraising over 5 rounds.
Series A funding
In its 2020 Series A round of venture funding, CoPilot raised $10 million. Next Coast Ventures was the lead investor with investments from SciFi VC, Chicago Ventures, and Arthur Patterson.
Seed funding
In 2019 it received $4 million in Seed investments with Chicago Ventures leading the round.

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