CHAMP Titles, a provider of digital solutions to motor vehicle agencies, announced it has secured $55 million in new financing, bringing its total funding to over $100 million. This capital aims to support the company’s rapid expansion and its efforts to modernize state motor vehicle departments across the United States.
The funding round was led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA, with additional participation from existing investors. This latest investment marks CHAMP Titles’ largest raise to date, reflecting growing demand for its technology.
The newly acquired capital will fuel CHAMP Titles’ expansion as more states seek to update their motor vehicle departments through the company’s flagship solution, CHAMPgov. This platform is designed to replace outdated title, registration, lien, driver’s license, and agency systems of record in partnership with state governments.
This year has been a period of significant growth for the company, including its entry into new markets. Notable developments include the signing of Louisiana for both its Vehicle Services and Driver Services platforms, which is projected to provide an end-to-end digital experience for millions of residents. CHAMP Titles’ digital title technology currently powers intrastate and interstate transfers, and its National Digital Titling Clearinghouse has received support from dealers, insurers, lenders, and fleets.
Currently, over 35 million Americans can access CHAMP Titles’ technology through state contracts that implement the company’s systems, with tens of millions of transactions processed on the platform. These figures highlight the company’s impact on vehicle title, registration, lien, and driver’s license management, positioning it as a key provider in digital motor vehicle services.
Shane Bigelow, Chief Executive Officer of CHAMP Titles, stated, “Demand for CHAMP has never been higher. We’re expanding at a remarkable pace and expect to grow materially again next year. 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.” He also noted the company’s inclusion on the Inc. 5000 and Deloitte 2025 Technology Fast 500 rankings, alongside recognition as a 2025 Top Workplaces Award winner and one of Purpose Jobs’ Top Startups & Tech Companies to Watch 2026, as validation of its momentum and culture. Bigelow added, “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?”
Mike Nannizzi, Head of Venture Investments at W. R. Berkley Corporation, commented, “CHAMP has demonstrated consistent execution and an ability to lead a complex digital transformation effort across the public sector. 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.”
Blake Zhang, Managing Director of ORIX Corporation USA’s Growth Capital business, said, “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. 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 establishment in 2018, CHAMP Titles has partnered with state governments to provide modern SaaS-based solutions. These solutions typically operate on a pay-as-you-transact model without requiring upfront costs, are designed for quick implementation, and continuously improve in capability. The company reports measurable results, including a reduction in processing times for titles, registrations, liens, and licenses from 40-60 days to a matter of hours, the elimination of millions of paper documents, and an improved experience for citizens.
CHAMP Titles’ patented technologies and platforms are designed to streamline and secure motor vehicle administration for a broad ecosystem of stakeholders. This includes vehicle retailers, wholesalers, insurance carriers, fleet operators, lenders, service providers for these verticals, and consumers. The CHAMPgov platform aims to support a paperless, digital, and efficient future for motor vehicle agencies.