SpinCar financing a big win for StartFast investor and Syracuse tech community
SpinCar’s $22 million recapitalization is the largest financing for a downtown Syracuse business in over a decade. The investment created a 20-times (2,000%) return for the StartFast investors, and has positioned SpinCar to continue its triple-digit annual growth rate. With its headquarters in Syracuse, SpinCar’s growth is creating new job opportunities for the region’s college graduates as well.