Mojo Motors

{{Infobox company

|logo = Image:Mojo Motors PNG Logo.png

|name = Mojo Motors, Inc.

|type = Private

|foundation = 2011

|key_people = Paul Nadjarian (Founder & CEO)
Tae Oh (CTO)
Nicholas Frank (VP of Sales)
Jason Morman (Sales Team Lead)

|location = New York City, NY, United States

|industry = Automotive

|homepage = {{URL|http://www.mojomotors.com}}

}}

Mojo Motors, Inc. was an American automotive classified website for preowned automobiles.{{cite web|url=http://usedcars.about.com/od/settingavalue/a/Mojo-Motors-Promotes-New-Way-To-Buy-Used-Cars.htm |title=Mojo Motors Promotes New Way To Buy Used Cars |publisher=About.com |date=2011-09-25 |accessdate=2012-05-08}}{{cite web|url=http://bostinno.com/2012/05/08/mojo-motors-raises-3-million-from-atlas-nextview-rpm-to-make-buying-a-car-easier/ |title=Mojo Motors Raises $3 Million from Atlas, NextView, RPM to Make Buying a Car Easier |publisher=BostInno.com |date=2012-05-08 |accessdate=2012-05-08}}

Founder Paul Nadjarian was a Ford Motor Company and eBay Motors executive before starting Mojo Motors, Inc. in 2011.{{cite web|url=http://www.autoremarketing.com/technology/mojo-motors-obtains-3-million-funding-push-expansion-development-more |title=Mojo Motors Obtains $3 Million Funding to Push Expansion, Development & More |date=2012-05-08 |accessdate=2012-05-08}} The startup aggregates used cars from dealerships in a geographic area that offer discount pricing and then alerts shoppers when the price of the vehicle they are following drops in price.{{cite web|url=http://wheels.blogs.nytimes.com/2012/05/17/mojomotors-a-virtual-middleman-between-used-car-lots-and-shoppers/ |title=MojoMotors: A Virtual Middleman Between Used-Car Lots and Shoppers |date=2012-05-17 |accessdate=2012-05-17}}

In 2012, the company secured nearly $5 million in funding from venture firms Atlas Venture, RPM Ventures and NextView Ventures to expand nationwide.{{cite web|url=https://techcrunch.com/2012/05/08/mojo-motors-series-a/ |title=Mojo Motors Fuels Up With $3M From Atlas, RPM For Better Used Car Shopping |publisher=TechCrunch.com |date=2012-05-08 |accessdate=2012-05-08}}

References

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Further reading

  • {{cite web | url=http://www.thepulsemag.com/wordpress/2011/08/0811-pulsewheels-get-your-mojo-here | title=Mojo Motors’ new website offers members-only prices on used cars from local dealers | publisher=The Pulse Magazine | date=August 11, 2011 | accessdate=June 29, 2012 | author=Moore, Steph}}
  • {{cite news | url=http://www.tampabay.com/blogs/venturebiz/content/new-online-used-auto-competitor-coming-tampa-bay-low-price-promise | archive-url=https://web.archive.org/web/20120521040824/http://www.tampabay.com/blogs/venturebiz/content/new-online-used-auto-competitor-coming-tampa-bay-low-price-promise | url-status=dead | archive-date=May 21, 2012 | title=New online used-auto competitor coming to Tampa Bay with low price promise | newspaper=Tampa Bay Times | date=May 18, 2012 | accessdate=June 29, 2012 | author=Trigaux, Robert}}