CCarOnSale is a European B2B marketplace that connects professional car dealers with exclusive used-vehicle inventory and manages the full transaction flow. It runs dynamic auctions, vehicle inspections and COSCheck condition reporting, pricing intelligence, logistics coordination, payments, and auction fulfillment. Dealers can list surplus vehicles and receive guaranteed pricing offers or put them into auctions; buyers access a curated pool of vehicles from licensed OEMs, with transparent condition and history data, and can bid in daily auctions or use Buy Now. The platform functions as a technology-led facilitator that cuts intermediaries and friction in wholesale used-car trade, standardizes inspection, delivery, and payment processes across Europe for cross-border deals, and offers tools to outsource parts of the remarketing workflow to help dealers scale without adding staff.
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Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$158.6M
Headquarters
Berlin, Germany
Founded
2018
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Total Funding
$158.6M
Above
Industry Average
Funded Over
3 Rounds
Industry standards
Hogan Lovells, led by Munich partner Peter Huber, advised CarOnSale on a €70 million Series C financing round. The round was led by new investor Northzone and existing investor HV Capital, with additional support from Insight Partners, Stripes, and Creandum. The funding will help CarOnSale expand across Europe, enhance its product and service offerings, and strengthen its position in the digital vehicle trading market.
Car On Sale, a Berlin-based used car startup, secured €70 million in a Series-C funding round led by Northzone and HV Capital, with participation from Insight Partners, Stripes, and Creandum. This brings total investments to over €135 million. The company aims to expand across Europe and enhance its digital B2B auction platform for used cars. Founded in 2018 by Tom Krüger, Fabian Roth, and Oguz Özgüler, Car On Sale plans to grow its team and strengthen its market position.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
201-500
Company Stage
Series C
Total Funding
$158.6M
Headquarters
Berlin, Germany
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs