New startup from former CarLotz, Need Supply CEOs scores $4M capital raise

The new venture from Michael Bor and Chris Bossola, the former heads of their respective once-fast-growing Richmond companies CarLotz and Need Supply, is off and running with its first sizable cash haul. Their startup, The Endowment Project, last week completed a raise of $4.5 million from investors, Bor said Wednesday. The funds will help spring-load… Read more »

Local transportation startup pulls in $8M capital raise

HopDrive, formerly known as Social Auto Transport, is an app-based service that connects vehicle haulers with auto dealerships and auto repair shops. It has raised $11 million from investors to-date.