The company's platform enables F&I managers and sales teams to quickly quote the most accurate payment to consumers at the lowest cost to the dealership. SelectFI's previous funding round was secured while the company was still in stealth mode and pre-revenue.

The investment round was led by StartFast Ventures, a vertical AI-focused venture firm whose automotive portfolio includes Impel. Additional investors in the round include University of Buffalo's Business and Entrepreneur Partnership, Automotive Ventures, Ron Frey, Jack Greco, Michael Wethington, LaunchNY, and several other accredited investors.

SelectFI is an automotive AI company that helps dealerships modernize and streamline the financing experience. Its platform enables retailers to match customers with optimal lending solutions, boost F&I performance, and provide a transparent, consistent path to purchase. By combining predictive intelligence with deep lender and dealership expertise, SelectFI empowers retailers to close more deals while delivering a superior customer experience.