Heycar is an online marketplace for buying and selling quality used cars. It connects individual buyers with a network of trusted dealerships, curating listings so each car meets high standards of reliability. The platform provides detailed vehicle histories and customer reviews to inform decisions. Revenue comes from transaction fees and partnerships with dealerships. How it works: shoppers browse listings from partner dealers on Heycar, access comprehensive histories and reviews, and use the platform to contact dealers and complete transactions. Dealers benefit from a vetted audience and a transparent selling process, while buyers gain clarity and confidence in their purchases. How it stands apart: rather than a broad classifieds site, Heycar focuses on quality, transparency, and a trusted dealer network to reduce risk for buyers. Its goal is to simplify finding reliable used cars and improve the overall buying experience.
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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$70M
Headquarters
Berlin, Germany
Founded
2017
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Total Funding
$70M
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Volkswagen Financial Services, the majority owner of HeyCar, is shutting it down. The business was launched in 2017 to compete with AutoScout24, Mobile.de and other European automotive marketplaces. It will close in Germany in May, and in the U.K. in the next few months.
The two will launch an embedded car insurance offering – heycar motor insurance. The post heycar partners with Wrisk appeared first on Coverager - Insurance news and insights.
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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$70M
Headquarters
Berlin, Germany
Founded
2017
Find jobs on Simplify and start your career today