BOSTON, August 25, 2020 (GLOBE NEWSWIRE) – Digital Value Ventures today announced that it has acquired UsedFirst.com’s assets and relaunched consumer-centric automotive analytics and advertising under the so-called CarEdge.com.
The company also appointed Scott Baker, a goldman Sachs and Ford Motor Company alumnus, as president, and Jeremy Hepler, the founder of UsedFirst.com, as lead developer. The company also announced that it had gained significant investment in personal equity to expand its online automotive business and had a wider vehicle offering to more than two million listings.
Jeremy Hepler, founder of UsedFirst.com, said in the announcement: “I’m excited to sign up for Digital Value Ventures to create an exciting new site on CarEdge.com, and I’m excited about our perspectives. We have demonstrated the viability of our business. style in UsedFirst.com, and now it’s time to take the company to the next level. »
Commenting on the announcement, Baker said: “Jeremy and his team have built a business right on UsedFirst.com, and their exclusive car research will allow us to take advantage of what has already generated a lot of interest in customers. Baker added: “We expect CarEdge.com to be the most productive defense for auto buyers, with all the equipment and research that customers want to make informed and informed decisions when purchasing a new or used vehicle. “
In the coming months, CarEdge.com will introduce more consumer-focused vehicle research teams to complement the depreciation resources it offers today. With its expanded lists of broker vehicles and significant capital contribution, the company believes it will have the platform and resources to expand its existing operations and compete well with its more established competitors.
About Digital Value Ventures
Digital Value Ventures (DVV) is an independent holding company founded in the United States with interests in automotive e-commerce. DVV focuses on creating easy-to-use sites for car buyers, to tell and teach them, to facilitate sound purchasing decisions. Visitors to DVV sites can use patented, patented and pending analysis equipment to compare and contrast relative values and operating prices of vehicle brands and models.
About CarEdge.com
For more information about CarEdge.com, visit www.CarEdge.com or join us on Facebook https://www.facebook.com/caredgedotcom
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