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Press Release

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Who is Battery Ventures – Our Investment Partner?

About Battery Ventures

Battery partners with exceptional founders and management teams developing category-defining businesses in markets including software and services, enterprise infrastructure, online marketplaces, healthcare IT and industrial technology. Founded in 1983, the firm backs companies at all stages, ranging from seed and early to growth and buyout, and invests globally from offices in Boston, San Francisco, Menlo Park, Israel, London and New York. Follow the firm on Twitter @BatteryVentures, visit their website at and find a full list of Battery's portfolio companies here.

What are Executive Leaders saying as a result of the investment?

Cindy Allen – CEO at StoneEagle F&I

“There are three main things we loved about Battery. First, they connected with our core
values. They are not just about the bottom line. They are also about doing business with
integrity and caring for the people who make it happen.

Second, Russ Fleischer the general partner with Battery that we will be collaborating with, has filled the CEO role in several technology organizations throughout his career so his approach is completely different than other potential partners we considered. He actually understands from the inside out what needs to be weighed and considered when leading a technology

And Third, they have deep experience in the mergers and acquisition field and can bring us not
only investment capital, but critical experience and expertise as we begin the journey of identifying the key acquisitions that we believe will round out our resource needs and platform for the StoneEagle F&I vision.”

Russ Fleischer – General Partner at Battery Ventures

“At Battery, we look for exceptional companies with solid track records and compelling visions. We also look for top-notch executives and management teams we believe can turn vision into reality. That’s why we’re excited to work with the StoneEagle F&I team to help them take their company to the next level. Our partnership will allow the company to continue pursuing organic
growth as well as create a platform for pursuing acquisition opportunities.”

How will Battery Ventures help StoneEagle F&I?

StoneEagle F&I has a vision for how we can make lives better by bringing technologies to
people that help them not only perform better but ultimately provide a customer experience
that actually exceeds expectations.

StoneEagle F&I not only has the broadest technology suite across all functions of the F&I space but also the deepest network of dealerships, general agents, third party administrators, OEMs and associated services providers (such as inspection companies and parts providers) in the automotive industry at large.

That footprint represents the backbone needed to transform how both the customer and the provider experience everything it takes to buy, protect and service the entire vehicle ownership life cycle. With the resources and experience of the Battery team added to our own, StoneEagle F&I now has what it takes to scale up its platform, processes and people to go beyond the

How will the StoneEagle F&I / Battery relationship impact current & future technology solutions in the industry?

Brent Allen – Founder and Executive Director at StoneEagle F&I

“Growth and innovation is in our DNA. It is how we started 33 years ago and has led us to paradigm shifting firsts over and over. It continues to be our passion every day. Our partnership with Battery will allow us to take this mindset to a whole other level and continue to be a company of firsts.

Believe me when I say, the best is yet to come!”

Thomas Elliott – Chief Financial Officer (CFO) at StoneEagle F&I

“Combining all that StoneEagle F&I has with the resources and experience of Battery will enable us to scale up our platforms, processes and talent in our continual pursuit to set the industry standard of excellence across the board.”

What if any Leadership changes will occur as a result of the Investment?
There will be no change in the roles, responsibilities and day to day Executive and Management Team. As a result of the acquisition, both Bobby Allen and David Trinder will pursue retirement. Key leadership will remain in place Cindy Allen – CEO, Thomas Elliott – CFO, Kumar Kathinokkula — COO, Chris Tynes – CTO, and Brent Allen – Founder & Executive Director will continue to lead the
Where can I direct additional questions?
For any additional questions, contact Blake Nash directly