CarPrice: Difference between revisions
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Revision as of 14:47, 21 September 2015
| File:Carprice logo.jpg | |
| Company type | Limited company |
|---|---|
| Industry | Automotive industry |
| Founded | June 2014 |
| Headquarters | , |
Key people | Eduard Gurinovich, Oskar Hartmann, Artem Bolshakov, Alexander Danilov, Sergej Thiessen, Oleg Zankov |
| Website | https://www.carprice.ru/ |
CarPrice Limited is a Russian startup company, the leading online used car broker and auctioneer headquartered in Moscow, Russia. It has several branches in large Russian cities, such as Saint Petersburg, Kazan, Nizhny Novgorod and Voronezh. CarPrice is similar to We Buy Any Car (UK), Manheim Auctions (USA), WirKaufenDeinAuto (Germany) and Youxinpai (China).
The company was founded in 2014 by Eduard Gurinovich and Oskar Hartmann. In 2015 CarPrice was mentioned as one of the most hottest European startups in rating by Wired UK[1].
Principle of operation
link=https://ru.wikipedia.org/wiki/%D0%A4%D0%B0%D0%B9%D0%BB:Carprice_team_2.jpg|thumb|273x273px|Founders of CarPrice, Moscow, Russia. The CarPrice's bussiness model for individuals consists of three steps:
- Free valuation of the car on website. CarPrice's online calculator estimates the approximate value of used car which is based on car parameters (model year, mileage, equipment and etc.) and relevant data (ended auctions and currend market conditions).
- Scheduling an a free appointment at the inspection center.
- Placing the car into online auction, which lasts 30 minutes. If the client is satisfied with final bid, he can immediately sell his car and take money in cash.
When purchasing process is finished, CarPrice resell used car to dealers through CarPrice B2B auction platform.
Investments
By now CarPrice has captured $46 million during seed, A and B Funding rounds according to public information placed on company's website and Mass media[2][3][4][5]. Investments were made by Russian and European venture funds, such as Baring Vostok Capital Partners[6], E.ventures and others[7][8][9][10]. According to media reports, this deal was the largest investment in the Russian technology start-up since the economical and financial crisis 2014 began[11][12].
Corporate social responsibility
CarPrice sponsors the Russian charity fund Liniya Zhizni[13].
References
- ^ "WIRED's 100 Hottest European Startups 2015: Moscow is still leading bright thinking around startup culture, despite the economic crisis (Wired UK)". Retrieved 2015-09-21.
- ^ "Almaz Capital, Fastlane Ventures and e.Venture inject $2 million in CarPrice.ru - FinancePlus". Retrieved 2015-09-21.
- ^ "Almaz et al. invest $2m in CarPrice". Retrieved 2015-09-21.
- ^ "Baring Vostok and Almaz lead $40m series-B for CarPrice". Retrieved 2015-09-21.
- ^ "CarPrice Secures $40M in Series B Funding Round". Retrieved 2015-09-21.
- ^ "Baring Vostok lead investor in $40m funding for Russian car broker - EmergingMarkets.me". Retrieved 2015-09-21.
- ^ "Russia's CarPrice Captures $40 million During Series B Funding Round". Crowdfund Insider. Retrieved 2015-09-21.
- ^ "Russia's CarPrice raises $40 million". Retrieved 2015-09-21.
- ^ "Russian online car broker CarPrice revs up $40 mln Series B". Retrieved 2015-09-21.
- ^ "Russian online used car broker CarPrice raises $40M". Retrieved 2015-09-21.
- ^ "Dribbling Crisis, CarPrice Secures Huge Investment". Retrieved 2015-09-21.
- ^ "Russian CarPrice Gets Huge Investment - KnowTechie". Retrieved 2015-09-21.
- ^ "Плюс две компании | Новости | «Линия жизни»". Линия жизни. Retrieved 2015-09-21.