Pre-launch startup lands $1.8M pre-seed

Posted by Paul Riat | Jul 21, 2022 | News : Premium | 0

Pre-launch startup lands $1.8M pre-seed

The Kansas City startup Whipz landed $1.8M in pre-seed funding since its formation in January. The company is building a digital retail platform for used cars.

Anders Ericson, Whipz CEO

“We provide a completely digital purchase experience for higher mileage, affordable cars,” CEO Anders Ericson said in a LinkedIn post. “We are streamlining acces to financing for low credit or thin credit profiles to help them in an affordable vehicle.”

M25, KCRise Fund, Lancaster Investments, Nelnet and unnamed supporters participated in the round.

“Now it’s time to get to work building,” Ericson added, noting that the company is pre-launch.

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Paul Riat

Paul Riat is just this guy, trying to figure things out. A fan of Max Weber, he generally gets a kick out of the triangle between economy, society and liberty. His focus on technology startups and venture capital fits because early stage tech startups are the most dynamic and impactful elements of local economies -- improving liberty and society like a rising tide.