Automotive transportation and logistics technology platform RunBuggy has closed on a $37 million Series B funding round led by Centana Growth Partners, a growth equity firm that invests in financial services, technology and related enterprise software.

OMI Capital, one of company’s original investors, also participated in the round.

“Our investment thesis centers on companies that are modernizing legacy systems and innovating within the broader financial services landscape,” Centana Growth Partners vice president Devi Malhotra said. “RunBuggy is doing just that by bringing efficiency and transparency to how vehicles are transported, creating a better experience for banks, lenders, OEMs and, ultimately, consumers.”

RunBuggy plans to use the funding to accelerate product development and said the round is a “pivotal step” as it expands its reach.

In a news release, the company said Centana’s investment reflects confidence in its technology, which it said uses proprietary and partner-enabled artificial intelligence, underpinned by a cybersecurity framework and a customer service team.

“Centana’s investment validates the approach we’ve taken since day one — technology that meaningfully improves outcomes for both transporters and shippers coupled with customer service, delivered on a platform built with security and trust at its core,” RunBuggy CEO Kevin Malik said. “We are proud to be one of the only platforms in this industry making sustained continued material investments in both technology and experience, while scaling across all major verticals, including banks, consumers, manufacturers, dealerships and auctions.”

RunBuggy said its AI engine, RunBot, automates more than 80% of routine order workflows and predicts delivery challenges as well as optimizing load matching and reducing empty miles. The company said its internal data shows RunBot lowers costs, increases margins, speeds cycle times and reduces carbon impact.

The company said its security infrastructure is built on zero-trust principles, integrating continuous monitoring, vulnerability assessments and maintaining current compliance with SOC 2 standards and alignment with the NIST Cybersecurity Framework.

“RunBuggy is reshaping an industry that has long been fragmented and inefficient,” Centana partner Ben Cukier said. “We were drawn to the company’s use and development of technology and its leadership, strong security posture and ability to deliver value across both the automotive industry and the interconnected financial services ecosystem.

“RunBuggy’s scale, sophistication, and customer focus underscores its role as a defining platform in this category.”