---
title: Detroit Startup Autobooks Announces $10M Funding Round
description: Detroit Startup Autobooks Announces $10M Funding Round
image: https://blog.autobooks.co/hubfs/migrated/_Fi%20Team/Active/Website%20Inventory/benzinga-100-685x300.jpg
---

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# Detroit Startup Autobooks Announces $10M Funding Round

04/19/18 / by [Derik Sutton](https://blog.autobooks.co/blog-old/author/derik-sutton)

[AutoBooks](https://autobooks.co/), a Detroit-based startup, announced Wednesday a $10 million Series A1 round of financing intended to widen the company’s payroll.

The firm has already responded to business expansion with the addition of a dozen employees in 2017 and [relocation ](https://www.benzinga.com/pressreleases/17/05/p9521584/autobooks-relocates-to-downtown-detroit-accelerates-hiring)to Detroit's Madison Building, but it's outgrowing capacity and plans to “ramp up aggressively” to accommodate growth.

Read More: [https://www.benzinga.com/news/18/02/11144335/detroit-startup-autobooks-announces-10m-funding-round](https://www.benzinga.com/news/18/02/11144335/detroit-startup-autobooks-announces-10m-funding-round)

## Additional Resources

[![Xconomy: Fintech Startup Autobooks Raises $10M](https://cdn2.hubspot.net/hubfs/4147193/Imported_Blog_Media/xconomy-100-1-685x300.jpg)

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#### Xconomy: Fintech Startup Autobooks Raises $10M

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