CHAMP Titles raises $55 million

Champ Titles  has raised $55 million in new funding, marking its largest financing round to date and pushing total capital raised past $100 million. The round was led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA, with participation from existing investors.

The Cleveland-based company provides digital systems of record for state motor vehicle agencies, replacing legacy title, registration, lien, and driver services infrastructure. Proceeds will be used to support continued state-level expansion of CHAMPgov, its core platform for modernizing DMV operations.

In 2025, CHAMP signed Louisiana for both vehicle and driver services, extending its end-to-end digital DMV footprint. The company’s digital title infrastructure now supports both intrastate and interstate transfers, and its National Digital Titling Clearinghouse is used by dealers, insurers, lenders, and fleet operators.

CHAMP says its technology is now available to more than 35 million Americans through state contracts, with tens of millions of transactions processed on the platform. The company operates on a SaaS, pay-per-transaction model with no upfront cost to state agencies.

Founded in 2018, CHAMP focuses on eliminating paper-based motor vehicle administration, reducing processing timelines from weeks to hours, and improving operational efficiency across public-sector motor vehicle systems.