AUTO1 Group

AUTO1 Group is Europe’s leading digital automotive platform.

General Information
Company Name
AUTO1 Group
Founded Year
2012
Location (Offices)
Berlin, Germany +1
Founders / Decision Makers
Number of Employees
3811
Industries
Internet, Marketplaces, Automotive
Funding Stage
Convertible Note
Social Media

AUTO1 Group - Company Profile

AUTO1 Group is a multi-brand technology company that focuses on revolutionizing the way cars are bought and sold. With its local European consumer brands such as wirkaufendeinauto.de, the company offers the fastest and easiest way for consumers to sell their cars. On the other hand, AUTO1.com serves as Europe's largest wholesale platform for car trading professionals. Furthermore, the company's retail brand Autohero aims to provide the best consumer experience for purchasing cars online by leveraging technology, scale, and operational excellence. Operating in over 30 countries, AUTO1 Group has positioned itself as Europe’s leading digital automotive platform. In 2012, AUTO1 Group was founded in Germany, and it has since garnered substantial investments. Notably, the company received a significant €255.00M Convertible Note investment on 30 July 2020, with funds coming from SoftBank Vision Fund, The Baupost Group, and Farallon Capital Management. This strong backing reflects the confidence that influential investors have in the company's innovative approach to car trading and its potential for growth and success in the Internet, Marketplaces, and Automotive industries. For those seeking to be part of this groundbreaking venture, AUTO1 Group provides career opportunities

Taxonomy: Automotive Marketplace, Used Car Trading, Digital Platforms, Technology-enabled Retail, Wholesale Car Trading, Consumer Experience, Online Car Buying, Certified Inventory, Multi-brand Strategy, International Expansion

Funding Rounds & Investors of AUTO1 Group (12)

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Funding Stage Amount No. Investors Investors Date
Convertible Note €255.00M 3 The Baupost Group, Farallon Capital Management 30 Jul 2020
Secondary Market Unknown 1 19 Nov 2019
Secondary Market Unknown 1 09 Apr 2018
Series F €460.00M 2 15 Jan 2018
Series E €360.00M 10 JP Morgan, BHF Bank +1 23 May 2017

View All 12 Funding Rounds

Latest News of AUTO1 Group

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No recent news or press coverage available for AUTO1 Group.

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