Automatic, with a $24 million valuation cap, is raising funds on Wefunder. It is a fintech platform that connects lenders and independent auto dealers in the used car space. The app improves the experience for used car buyers, finance managers, and insurance managers. It has helped to reduce the loan approval time by 87.5% and data entry by 75%. Eric Burney, Max Kane, and John Liu founded Automatic in January 2020. The company has raised over $1 million in previous rounds of financing. The current round of crowdfunding has a minimum goal of $50,000 and a maximum goal of $1,070,000, and the funds will be used for business development, marketing, operations, and product buildout. Automatic has over 400 dealership partnerships and reported 40% month-over-month growth despite COVID-19.