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
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 |
No recent news or press coverage available for AUTO1 Group.