EPIC, a fintech company transforming how the automotive industry manages loan payoffs and title releases, announced a $10 million Series A round led by FM Capital, with participation from Automotive Ventures and other strategic investors.
The funding will accelerate EPIC’s market expansion and platform innovation, helping automotive dealers, lenders, and insurers replace manual, paper-based processes with a digital clearinghouse that streamlines payoffs and title releases.
By modernizing the financial infrastructure of vehicle transactions, EPIC aims to reduce errors, shorten processing times, and save dealers thousands in monthly operational costs.
KEY QUOTES:
“EPIC is eliminating one of the industry’s most stubborn bottlenecks. Its digital network for loan payoff and title release replaces outdated manual processes with the speed and precision today’s automotive ecosystem demands.”
Chase Fraser, Managing Partner, FM Capital
“Our investment in EPIC reflects a shared vision to digitize a key segment of the automotive transaction process that has been unsolved. The EPIC platform reduces errors, saves time, and moves the industry toward a unified, digital workflow, saving dealerships thousands every month in holding and processing costs.”
Steve Greenfield, General Partner, Automotive Ventures
“This funding lets us reach more partners and further improve how dealers, lenders, and insurers manage loan payoffs and title releases. Faster, more efficient processing helps our partners save time, reduce errors, and boost profit opportunities.”
Brandon Hall, Chief Executive Officer, EPIC
