socaltech.com
Santa Monica-based
NextCar, the newest automotive-focused startup led by startup veteran Scott Painter, is gearing up for the launch of the company, saying this week that it has named a senior management team. The company named Jim Nguyen (co-founder of TrueCar) as its President and Chief Operating Officer; Kash Sheikh (family office, private equity) as Chief Financial Officer; Joseph Chang (Houlihan Lokey) as Chief Revenue Officer; Lucas Donat (TrueCar) as Chief Marketing Officer; Matthew Cacciola (Fair, TBW Media Arts Lab) as Chief Design Officer; Chris Andrews (Microsoft, Skype) as Chief Product and Technology Officer; Jorge Munoz (Fair, Santander) as Vice President, Servicing; with Georg Bauer (co-founder of Fair) joining early as Co-Founder, President,a nd Vice Chairman of the Board. NextCar (NXCR) is focused on providing vehicle subscriptions to consumers.
socaltech.com
Los Angeles-based
NXCR, a new, subscription car startup led by automotive startup veteran Scott Painter, has raised $30M in a seed funding, based on an internal employee email obtained by socaltech. According to the email from Painter, the funding is the company s first external equity financing. The funding came from such investors as Reid Hoffman and Mark
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