About Autoaid
Autoaid is a company based in Berlin (Germany) founded in 2009.. Autoaid has raised $817.08 thousand across 6 funding rounds from investors including European Union, Freie Universitat Berlin and EIC Fund. The company has 12 employees as of December 31, 2020. Autoaid operates in a competitive market with competitors including Caroobi, Carly, MHD Tuning, AUTOBOOKING and DriveDeck, among others.
- Headquarter Berlin, Germany
- Employees 12 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Autoaid Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$817.08 K (USD)
in 6 rounds
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Latest Funding Round
$1.77 M (USD), Grant
Dec 31, 2018
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Investors
European Union
& 4 more
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Employee Count
12
as on Dec 31, 2020
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Funding Insights of Autoaid
Autoaid has successfully raised a total of $817.08K across 6 strategic funding rounds. The most recent funding activity was a Grant round of $1.77 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $1.8M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Grant - Autoaid | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Autoaid | Valuation |
investors |
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| Nov, 2015 | Amount | Grant - Autoaid | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Autoaid
Autoaid has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Freie Universitat Berlin and EIC Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Support for startups with capital and mentorship is provided.
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Founded Year | Domain | Location | |
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Early-stage investments are made in high-tech startups by HTGF.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Autoaid
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Autoaid
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Autoaid Comparisons
Competitors of Autoaid
Autoaid operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Caroobi, Carly, MHD Tuning, AUTOBOOKING and DriveDeck, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online aggregation of automotive repair services is provided by Caroobi.
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| domain | founded_year | HQ Location |
OBDII adapters and apps for vehicle diagnostics are offered.
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| domain | founded_year | HQ Location |
ECU tuning and monitoring app for BMW vehicles and performance enhancements.
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| domain | founded_year | HQ Location |
App-based platform for finding and booking automotive services easily.
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| domain | founded_year | HQ Location |
Innovative system analyzes driving performance, G-forces, and fuel consumption for sports cars.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Autoaid
When was Autoaid founded?
Autoaid was founded in 2009.
Where is Autoaid located?
Autoaid is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Autoaid a funded company?
Autoaid is a funded company, having raised a total of $817.08K across 6 funding rounds to date. The company's 1st funding round was a Grant of $52.94K, raised on Jun 01, 2008.
How many employees does Autoaid have?
As of Dec 31, 2020, the latest employee count at Autoaid is 12.
What does Autoaid do?
Autoaid was founded in 2009 in Berlin, Germany, within the automotive sector. Diagnostic devices and software services for vehicles are offered through prepaid packages. These include telematic devices, multi-brand scanning tools, and related components. Internet-based diagnostics software, multiplex vehicle interfaces, server access for diagnoses, regular software updates, and unlimited usage are incorporated. Operations focus on supporting vehicle maintenance across Europe.
Who are the top competitors of Autoaid?
Autoaid's top competitors include Caroobi, Carly and MHD Tuning.
Who are Autoaid's investors?
Autoaid has 5 investors. Key investors include European Union, Freie Universitat Berlin, EIC Fund, Business Angels Club Berlin-Brandenburg, and High-Tech Gründerfonds.
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