Berlin, Germany
AUTO1 Group, founded in 2012, stands as Europe’s leading digital automotive platform, capitalizing on technology and data to enhance value across the continent's used car market. Headquartered in Germany, the company operates through three pivotal brands: wirkaufendeinauto.de, Autohero, and AUTO1.com.
AUTO1.com serves as Europe's largest wholesale car trading platform, bolstering dealer growth, while Autohero streamlines the customer journey for acquiring high-quality used vehicles. Notably, wirkaufendeinauto.de and its affiliates prioritize efficiency in car sales for consumers. In 2024, the group employed 6,300 people, achieved a revenue of EUR 6.3 billion, and sold 690,000 cars.
Publicly listed on the Frankfurt Stock Exchange since February 2021 and part of the MDAX, the company's funding milestones include a significant €255.00M Convertible Note investment received in July 2020 from renowned investors such as SoftBank Vision Fund, The Baupost Group, and Farallon Capital Management. This robust financial backing emphasizes its market leadership and growth potential within the automotive marketplace sector.
