CarOnSale is a Germany-based startup founded in 2019, operating in the Automotive industry. The company has developed a B2B auction platform aimed at digitizing the car lease-return and trade-in processes for dealerships. Their services streamline the remarketing aspect of vehicle transactions, thereby enhancing efficiency for dealers dealing in B2B vehicles.
The company has shown significant growth since its inception, with its latest financial milestone being a successful €70.00M Series C investment round closed on 07 July 2025. This round was backed by prominent investors, including Creandum, Insight Partners, HV Capital, Northzone, and Stripes. The presence of these heavyweights underscores strong investor confidence in CarOnSale's business model and market potential.
With authorized representatives Tekin Has and Tom Krüger leading the charge, the company is well-positioned to capture a larger share of the digitalization wave within the automotive sector.