CarOnSale

CarOnSale

Offering revolutionary, technology-based solutions and contributing significantly to the digitalization of the automotive trade.

HQ location
Berlin, Germany
Launch date
Enterprise value
$328—493m
Company register number
HRB 233929 B (Charlottenburg (Berlin))
Recent deals
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DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
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€0.0

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€0.0

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€0.0

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$82.1m

Series C
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-245 %127 %135 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

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More about CarOnSale
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CarOnSale.de is a rapidly growing online marketplace operating in Europe that specializes in the B2B (business-to-business) sector. The startup focuses on providing a digital platform for used car auctions exclusively for auto dealers. The company's primary goal is to simplify the process between buyers and sellers across Europe, making transactions smoother and less complicated.

CarOnSale.de ensures the quality of the used cars by conducting a detailed 75-point check on each vehicle. This thorough inspection results in a transparent condition report that exceeds industry standards, providing clear insight into the vehicle's state and building trust with buyers and consignors.

The company's online marketplace offers a broad digital presence, connecting an extensive network of dealers and consignors throughout Europe. This allows for quick and transparent reach to potential buyers and contract dealers.

CarOnSale.de handles the entire purchase process for both sellers and buyers, including vehicle transport if needed. The platform charges are transparent and only apply in the case of a successful transaction, ensuring cost-effectiveness for its users.

In simple terms, CarOnSale.de is a digital used car auction house for auto dealers. It operates in the European market, serving other businesses (B2B). Its business model is based on facilitating and simplifying transactions between buyers and sellers, and it makes money by charging a fee for successful transactions.

Keywords: Online Marketplace, Used Car Auctions, Auto Dealers, B2B, Europe, Vehicle Inspection, Transparent Condition Report, Digital Presence, Purchase Process Handling, Transaction Fee.

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Tech stack

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Investments by CarOnSale

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Alpha Online
ACQUISITION by CarOnSale Jul 2024