Moscow, Russia
CarPrice, founded in 2014, is a technology-driven startup headquartered in Moscow, renowned for its online auction platform that connects private car sellers with professional buyers. By focusing on transparency and efficiency, CarPrice addresses liquidity challenges in Russia's used car market.
The company simplifies the selling process by offering comprehensive evaluations and legal checks for sellers. These reports are then uploaded to the platform for competitive bidding. Sellers benefit from the ability to accept or reject offers without obligation. For buyers, CarPrice provides a reliable inventory source with minimal fees, making it a preferred channel for professional acquisitions.
Recognition includes Forbes ranking CarPrice as the 15th most valuable internet company in Russia in 2024, underscoring its market impact. With its C2B2C tool, the startup enables customers to purchase cars for resale, highlighting innovation in a competitive landscape.
The company last received an Early VC investment on January 1, 2020, reflecting investor confidence in its growth potential and market strategy.
