The company raised $140 million through the combination of debt and Series D venture funding in a deal led by Lithia Motors on September 13, 2018, putting the company's pre-money valuation at $400 million. BMW i Ventures, Alliance Ventures, G2VP, Draper Fisher Jurvetson Management, Highland Capital Partners, Goldman Sachs Investment Partners and DCM Ventures also participated in the round. Previously, the company raised $10 million of Series C1 venture funding from undisclosed investors on May 18, 2018, putting the company's pre-money valuation at $105 million.
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