Monday, September 26, 2016
CarLabs Gets Funding For Car Shopping Bots
Los Angeles-based CarLabs, a new startup developing conversational "bots" to guide users through car shopping, has scored an angel funding, the company said late last week. The ange funding came from Mitch Glub (former founder of Cars.com); Tom McAlear (former COO of DaimlerChrysler Services); and Kevin Keegan (former President, InsWeb, and SVP at JD Power). CarLabs said it has been developing conversational software which helps simplify the car purchasing process. The company's founders are Martin Schmitt (NewCars.com, Cars.com, Uzi Eliahou (Packard Bell/NEC, MatchCraft); and Isable Sopoglian (NewCars.com, Cars.com). Size of the funding round was not announced.