London, Canada
CARPROOF, now rebranded as CARFAX Canada since October 2018, is a prominent player in the automotive information sector in Canada. Established in 2000, the company has become an essential tool for anyone in the used vehicle market, including dealerships, consumers, and insurance providers, offering detailed vehicle history, appraisal, and valuation services.
As a unit of IHS Markit (Nasdaq: INFO), CARPROOF leverages a vast database of billions of records from thousands of unique sources to provide comprehensive and impartial data. This dedication to transparency has earned it recognition as one of Canada’s 50 Best Managed Companies, and accolades from Deloitte’s Technology Fast 50™ and Fast 500™ awards.
The company is headquartered in Canada and operates in the Insurance, Insurtech, and Car insurance industries. The last funding round took place on 19 August 2013, which saw investment from Hellman & Friedman. With its robust service offerings and credible background, CARPROOF represents a stable opportunity in the automotive information market. For further details, access their website at www.carfax.ca.
