Greater Sum Ventures completed the acquisition of a majority stake in Vehlo.

Greater Sum Ventures, a venture capital firm, completed the acquisition of a majority stake in Vehlo, a software solutions provider. GSV was joined by existing investors PSG, HarbourVest Partners, and Parkwood, and new investor Lightyear Capital. Financial terms were not disclosed. “Over the last several years, our partnership with GSV and PSG has enabled us to execute on our goal to bring a unified suite of software and financial solutions to the rapidly evolving auto repair industry, supporting our customer’s journey to exceed the expectations of today’s car owner. We look forward to continuing to work with GSV, PSG, HarbourVest and Parkwood, as well as our new partner Lightyear, as we provide our customers with the technology solutions they need to successfully manage and grow their businesses," Michelle Fischer, Vehlo CEO.