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Goldman Sachs AM led a $115m Series C funding round in Caribou.

Synopsis

Goldman Sachs Asset Management, an investment manager, led a $115m Series C funding round in Caribou, an auto fintech, with participation from Innovius Capital, Harmonic, Accomplice, CMFG Ventures, Curql Fund, Firebolt Ventures, Gaingels, Moderne Ventures and Motley Fool Ventures. “Caribou is building an important company with a great culture that helps consumers and lenders in an enormous market. That’s why we’re thrilled to be doubling down on our initial investment by leading Caribou's Series C funding round. In a few short years, Caribou has established itself as the industry leader in auto fintech, already having saved customers more than $100 million on their car payments. We’re excited about the launch of its digital insurance marketplace and we can’t wait for what’s next," Jade Mandel, Goldman Sachs Asset Vice President of Growth Equity Business.

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