AUTO1 Group is a trailblazer in Europe's digital automotive landscape, establishing itself as the premier online platform for buying and selling used cars. Founded in 2017, AUTO1 has swiftly expanded its reach, facilitating over 615,000 sales in 2019. The platform operates across more than 30 countries, offering an extensive range of over 80 well-known brands and price categories, which positions it as a key player in the market.
The company's founder-led initiative showcases a strong leadership team with extensive industry expertise and a robust track record of scaling operations. AUTO1 provides a seamless, efficient experience for both professional dealers and consumers, emphasizing its commitment to transforming the pre-owned car market in Europe.
The last significant venture round occurred on 06 June 2018, attracting investments from notable names like Deutsche Bank, Allianz X, and Polar Light Ventures. This infusion of capital underscores investor confidence in AUTO1's strategic approach and growth trajectory.