MOFM advises InstaCarro on a new round of financing
Marval O’Farrell Mairal together with US firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian have advised InstaCarro in a Venture Capital investment round
Marval O’Farrell Mairal and Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP have advised InstaCarro on its third round of venture capital investment, raising approximately 10 million USD.
With this investment, InstaCarro now accumulates more than 48 million USD of venture capital raised through several investment rounds.
The company is an online platform, valued at 50 billion USD, that facilitates the buying and selling of used cars by users in an efficient way through its marketplace.
InstaCarro’s Series A-3 investor group consisted of multiple international investment funds, led by J Ventures, a venture capital fund specialising in supporting high-impact IT companies.
Marval O’Farrell Mairal’s team consisted of partner Hernán Slemenson (pictured left) and associate Thomas Heilborn (pictured right).
Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP’s team included associates David T. Horne and Kelly R. Flanagan.
