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The Lasso
Online car bidding platform that connects car sellers with dealers
About The Lasso
Revv Up Inc., accessible via getrevvup.com, is a dynamic startup focused on enhancing revenue growth for dealership service centers. The company operates in the automotive service industry, providing a comprehensive platform designed to streamline and optimize service center operations.
Revv Up Inc. serves automotive dealerships, specifically targeting their service departments. The platform centralizes operation and communication management, allowing service advisors to efficiently organize repair tasks, automate workflows, and simplify communications. This results in a more organized and productive service environment, ultimately leading to increased revenue.
The business model of Revv Up Inc. revolves around offering a software-as-a-service (SaaS) solution. Dealerships subscribe to the platform, paying a recurring fee for access to its suite of tools. These tools include operations analytics, which provide quick views of service flow and help identify and remove bottlenecks, and task management features that automate reminders and keep repair orders moving smoothly. Additionally, the platform integrates calling and note-taking functionalities within the workflow management tool, enhancing inter-team communication and collaboration.
Revv Up Inc. makes money through subscription fees paid by dealerships for using their platform. By providing a valuable service that improves efficiency and revenue for service centers, Revv Up Inc. ensures a steady stream of income from its clients.
In summary, Revv Up Inc. is revolutionizing the way dealership service centers operate by offering a centralized, automated, and communication-enhanced platform that drives revenue growth.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- New York City, United States
- Employees
- 4
- Open positions
- None listed
- Dealroom signal
- 59.7/100
- Industry
- Transportation
- Sub-industry
- Search, Buy & Rent
- Sector
- Transportation, Car, Marketplace & Ecommerce, Used Vehicles
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Jul 2024 | $9.8M | $39M | Correlation Ventures · Liquid 2 Ventures · Crosslink Capital · Contour Venture Partners | ↗ |
| SEEDEquity / VC | Sep 2023 | $0 | — | Liquid 2 Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for The Lasso is 410 monthly website visits, down 88.3% over the last three months. The Lasso's team declined 33.3% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A5 investors entered at this stage
Crosslink Capital
Manresa Ventures
Correlation Ventures
Contour Venture Partners
Ritual Capital
Other known investors2 additional known investors
Everywhere Ventures
The Fund
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about The Lasso on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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