CHAMP Titles lands $55M in largest funding round to date
Used Car Week 2025 photo by Jonathan Fredin.
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The next-to-last business day of 2025 was a monumental one for CHAMP Titles.
The provider of digital solutions to motor vehicle agencies announced 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 Corp., Point72 Ventures, and ORIX Corporation USA, with participation from other existing investors. as well.
According to a news release, CHAMP’s total funding now exceeds $100 million, reflecting strong and accelerating nationwide demand for its technology.
Leadership said 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.
“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. “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.”
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Blake Zhang is managing director of ORIX Corporation USA’s growth capital business.
“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. “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.”
The company recapped that 2025 marked a “defining” period of growth.
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 added that its 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,” chief executive officer Shane Bigelow said in the news release. “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.”
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.
The company added that 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.
Bigelow went on to say, “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?”