Provider of a digital license plate designed to create a universal connected car innovation platform. The company's RPlate Pro transforms the 125-year-old stamped metal vehicle license plate into a multi-functional digital display and connected car platform which will deliver multiple efficiencies to businesses, state agencies and consumers, including a digitally-automated vehicle registration platform, enabling users to save themselves from frustrating and time-consuming DMV renewal process as well as deliver custom messages, keep vehicles on track and make automated registration, tolls and parking fees.
Generating Revenue
Privately Held (backing)
Venture Capital-Backed
The company raised $11.1 million of Series A venture funding in a deal led by ACK Group on January 10, 2018, putting the company's pre-money valuation at $35 million. WRV, Ernst Leib and other undisclosed individual investors also participated in the round. The funds will be used to further accelerate the development of the Reviver Auto platform and accelerate the company's work with state DMVs and legislatures as the RPlate expands its national presence.
Add a review