Minautor

Minautor

A fast growing startup whose ambition is to disrupt the second-hand auto parts industry.

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DateInvestorsAmountRound

€4.0m

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
EUR202020222023
Revenues000000000000
EBITDA000000000000
% EBITDA margin2 %--
Profit000000000000
% profit margin1 %--
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Company filings or news article, Dealroom estimates

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More about Minautor
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Minautor is a digital platform focused on the second-hand automotive parts market, established on June 25, 2019. The company was co-founded by Omar Khadouri and Karim Benabdallah, who were motivated to enter the sector after observing a lack of technological advancement in the used engine market. Khadouri, who serves as CEO, has a background in finance and trading, which informs the company's data-driven approach.

The firm operates as an e-commerce marketplace specializing in reconditioned engines and, more recently, gearboxes and turbos. Its business model centers on sourcing used parts from a network of professional suppliers and scrapyards across Europe, including major players in France. Minautor then uses proprietary algorithms to analyze market data and optimize pricing before reselling the components to its clients. This tech-centric strategy allows it to manage a large inventory and respond to a high percentage of reference requests.

Primarily, Minautor serves professional auto garages, which have recurring needs for various engine models, but it also caters to individual customers. The company differentiates itself from traditional auto scrap yards and opportunistic dropshippers by ensuring the quality of its parts, which are tested and come with a six-month guarantee, resulting in a low return rate of around 7%. Clients benefit from a broad selection of parts, with the company aiming to hold over 2,000 units in a central storage facility to expedite delivery across its operational footprint, which includes France, Spain, Portugal, Belgium, Switzerland, and Italy.

A significant milestone for the company was a €4 million fundraising round in late 2022, aimed at expanding its inventory and European presence. This investment supports Minautor's ambition to become a major European hub for used engines and to potentially expand into parts for buses, trucks, and agricultural machinery. The company is a subsidiary of Minerva Investments Group, an investment firm active in the European automotive sector.

Keywords: used auto parts, reconditioned engines, second-hand gearboxes, automotive e-commerce, European auto parts, B2B auto parts, auto garages supplier, online car parts, used engine marketplace, guaranteed auto parts, Omar Khadouri, Karim Benabdallah, Minerva Investments Group, circular economy automotive, auto parts sourcing, digital auto marketplace, vehicle components, engine distribution, automotive logistics, aftermarket parts

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