Used car marketplace Instamotor completed a multi million equity offering

XDATA – October 19th 2015
Instamotor issued equity for a total of $5.47 million in a non-brokered investment round. The transaction which started a little over a week ago, garnered the support of fifteen investors. No offering was previously initiated by the company under a registration exemption with the SEC.
Instamotor develops a used car marketplace. The application runs free recall and fraud checks, and provides a Carfax Report for every vehicle listed on the platfrom.
Sy Bohy (President) leads the San Francisco CA based company which was registered in 2014. Instamotor elected to keep its revenues undisclosed.
Offering recap
Status: Completed
Company: Instamotor
Industry: Other Technology
Amount offered: $5.47 million
Amount placed: $5.47 million
SEC filing: Source
First sale: 10-09-2015
Data as of: 10-19-2015


Hey if you didn’t know about it, maybe it is time to add XDATA as part of your market monitoring regimen, 14 days free trials are availableĀ here.

For more information visit


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s