CLEVELAND–(BUSINESS WIRE)–CHAMP Titles, Inc. (“CHAMP”), the nation’s leading provider of digital solutions to motor vehicle agencies, announced today that it has raised $55 million in new financing, surpassing all previous rounds and marking the company’s largest raise to date. The round was led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA, with participation from other existing investors as well. CHAMP’s total funding now exceeds $100 million, reflecting strong and accelerating nationwide demand for its technology.

“Demand for CHAMP has never been higher. We’re expanding at a remarkable pace, interest in what we are building has been extraordinary, and we believe deeply in the scale of the opportunity ahead.” — Shane Bigelow, Chief Executive OfficerShare

The new capital will fuel CHAMP’s rapid expansion as more states look to modernize their motor vehicle departments through CHAMP’s flagship solution, CHAMPgov, which replaces aging title, registration, lien, driver’s license, and agency systems of record in partnership with state governments.

This year marked a defining period of growth for the company. CHAMP entered new markets, including the signing of Louisiana for both its Vehicle Services and Driver Services platforms, bringing a full end-to-end digital DMV experience to millions of residents. CHAMP’s invention of the digital title is now powering intrastate and interstate transfers, and its innovation, the National Digital Titling Clearinghouse, has gained broad buy-in from dealers, insurers, lenders, and fleets.

Today, more than 35 million Americans have access to CHAMP’s technology through state contracts that implement the company’s systems of record, and tens of millions of transactions have been conducted on the platform. These numbers reflect CHAMP’s transformative impact on how the nation manages vehicle titles, registrations, liens, driver’s licenses, and credentials, cementing its position as the industry leader in digital motor vehicle services.

“Demand for CHAMP has never been higher. We’re expanding at a remarkable pace and expect to grow materially again next year,” said Shane Bigelow, Chief Executive Officer. “The interest in what we are building has been extraordinary; this round was significantly oversubscribed, and we believe deeply in the scale of the opportunity ahead. Our inclusion on both the Inc. 5000 and Deloitte 2025 Technology Fast 500 rankings validates our momentum, and recognition as a 2025 Top Workplaces Award winner and one of Purpose Jobs’ Top Startups & Tech Companies to Watch 2026 demonstrates that the culture driving our growth is just as strong as the technology.”

Bigelow continued, “Put simply, we are the Netflix of this market, while much of the industry still operates like Blockbuster. The answer is already clear to our employees, state partners, system users, and investors, but the question for the market is this: do you want to own the future, or just rent the past?”

“CHAMP has demonstrated consistent execution and an ability to lead a complex digital transformation effort across the public sector,” said Mike Nannizzi, Head of Venture Investments at W. R. Berkley Corporation. “Their technology, operational excellence, and deep collaboration with state partners make CHAMP the clear national leader in digitizing motor vehicle services. We’re proud to continue supporting them as they advance this important work.”

“CHAMP has developed a category-defining platform that is addressing fundamental pain points in one of the largest and most underserved areas of public infrastructure,” said Blake Zhang, Managing Director of ORIX Corporation USA’s Growth Capital business. “The company’s patented electronic titling and lien solutions are proven, scalable, and reaching an inflection point in adoption as stakeholders across the motor vehicle value chain see real efficiency, security, and transparency gains. We are thrilled to partner with Shane and the CHAMP team as they continue to set the national standard for digital motor vehicle services.”

Since its founding in 2018, CHAMP has become a trusted partner to state governments, delivering modern SaaS-based solutions that require no upfront cost, typically utilize a pay-as-you-transact model, launch more quickly than any solution in the market, and continuously improve in capability. Results are measurable: processing times for titles, registrations, liens, and licenses drop from 40 to 60 days to just hours, millions of paper documents are eliminated, and the citizen experience improves materially for tens of millions of Americans.

About Us:

CHAMP Titles is the leading provider of digital solutions to motor vehicle agencies (MVAs) in the United States. Its patented technologies and platforms streamline and secure motor vehicle administration. Designed for government, CHAMP’s solutions serve a broad ecosystem of MVA stakeholders including vehicle retailers, vehicle wholesalers, insurance carriers, fleet operators, lenders, all the service providers that serve each of these industry verticals, and, of course, consumers. CHAMP’s exceptionally popular CHAMPgov platform is the leading technology for MVAs to achieve a paperless, environmentally friendly, digital, secure, and frictionless future. To learn more, please visit www.champtitles.com.

Contacts

Joanna Allegretti
Joanna.Allegretti@champtitles.com

(c)2025 Business Wire, Inc., All rights reserved.