CarOnSale

B2B auction platform plans to digitize car lease returns and trade-ins, offering services to dealerships.

General Information
Company Name
CarOnSale
Founded Year
2019
Location (Offices)
Nurnberg, Germany +1
Founders / Decision Makers
Maximilian Schilling - Chief Commercial Officer Romain Martignier - VP Operations Oguz Özgüler - Founder and Chief Operations Officer Fabian D. Roth - CTO & Co-Founder Karime Mimoun - VP of Finance Tom Krüger - Co-Founder & Managing Director
Number of Employees
201-500
Industries
Automotive
Funding Stage
Series B
Social Media

CarOnSale - Company Profile

CarOnSale is a German-based startup that aims to revolutionize the car lease-return and trade-in process in the automotive industry. Established in 2019, the company's B2B auction platform offers digitized solutions and comprehensive services for dealerships and B2B vehicle dealers. Their recent milestone includes securing a $60.00M Series B investment on 16 November 2021, with participation from notable investors such as HV Capital and Stripes. The company's vision, combined with the expertise of their authorized representatives Tekin Has and Tom Krüger, positions them as a noteworthy player in the automotive remarketing space, with the potential for substantial growth and impact.

Taxonomy: B2B auction platform, car lease returns, trade-ins, digitization, remarketing, dealer services

Funding Rounds & Investors of CarOnSale (3)

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Funding Stage Amount No. Investors Investors Date
Series B $60.00M 2
HV Capital, investor in CarOnSale's Series B round Stripes , investor in CarOnSale's Series B round
16 Nov 2021
Series A €15.00M 3
Insight Partners, investor in CarOnSale's Series A round FJ Labs, investor in CarOnSale's Series A round
Flixfounders 		02 Nov 2020
Seed Round Unknown 2
Creandum, investor in CarOnSale's Seed Round round
Flixfounders 		06 Aug 2019

Latest News of CarOnSale

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No recent news or press coverage available for CarOnSale.

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