CHAMP Titles raises $55 Million Series C to modernize America's DMVs
The Cleveland startup digitizing the DMV just secured $55 million. CEO Shane Bigelow calls it a "Netflix vs. Blockbuster" moment for the public sector, as their platform cuts title processing times from 60 days to mere hours for over 35 million Americans.
CHAMP Titles, the Cleveland-based software firm digitizing the nation’s motor vehicle agencies (MVAs), announced today it has raised $55 million in its largest financing round to date.
The Series C round—led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA—pushes CHAMP’s total funding past the $100 million mark. It signals a major acceleration in "GovTech," where private capital is increasingly backing cloud-native solutions to replace aging government infrastructure.
Why it matters
The "time tax" of standing in line at the DMV is a universal pain point. CHAMP is betting that the future of government administration lies in a SaaS model that eliminates the massive upfront costs typical of state contracts—a strategy that is now rapidly gaining traction.
The big picture
While much of the public sector relies on "renting the past" via legacy on-premise systems, CHAMP offers a digital platform that reduces title and registration processing times from 40–60 days to just hours.
The company’s "pay-as-you-transact" model lowers the barrier to entry for cash-strapped agencies, allowing modernization without heavy capital expenditure.
CHAMP's strong 2025
2025 proved to be a breakout year for the company, highlighted by a major contract with Louisiana to implement an end-to-end digital experience for both Vehicle and Driver Services. Simultaneously, the company’s National Digital Titling Clearinghouse gained broad industry buy-in from dealers, lenders, and insurers to create a unified digital standard for interstate vehicle transfers. These milestones helped earn CHAMP spots on both the Inc. 5000 and Deloitte’s 2025 Technology Fast 500.
What they're saying
CEO Shane Bigelow frames the company’s trajectory as a fundamental disruption of an outdated industry standard.
"Put simply, we are the Netflix of this market, while much of the industry still operates like Blockbuster," Bigelow said. "The question for the market is this: do you want to own the future, or just rent the past?"
By the numbers
- $55 Million: New funding raised in this round.
- $100 Million+: Total capital raised since its 2018 founding.
- 35 Million: Americans who now have access to CHAMP’s technology through state contracts.
- Tens of Millions: Transactions successfully conducted on the platform.
The bottom line
With a fresh war chest and a validated business model, CHAMP is poised to aggressively expand its footprint, challenging the status quo of how millions of Americans interact with their state governments.
