Michael Bor

Used cars, new capital

CarLotz Team Photo

CarLotz, a used car consignment concept that’s almost a year old, closed this week on a $1.5 million round of financing.

CarLotz finds a parking space

Local startup CarLotz, which recently closed on $525,000 in seed capital, has signed a lease for its first location.

Used cars on consignment

Look out, CarMax: A former investment banker is gunning for a share of the used car market with his startup CarLotz.