About Autofact
Autofact is a company based in Santiago (Chile) founded in 2012 by Christopher Solminihac and Francisco Echeverria was acquired by CAR Group Limited in April 2024.. Autofact has raised $135 thousand across 3 funding rounds from investors including CAR Group Limited, Wayra Hispam and Start-Up Chile. Autofact operates in a competitive market with competitors including Carfax, Kelley Blue Book, HPI, carVertical and Bumper, among others.
- Headquarter Santiago, Chile
- Founders Christopher Solminihac, Francisco Echeverria
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$135 K (USD)
in 3 rounds
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Latest Funding Round
$168 K (USD), Grant
Jan 01, 2015
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Investors
CAR Group Limited
& 2 more
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Employee Count
Employee Count
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Acquired by
CAR Group Limited
(Apr 30, 2024)
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Funding Insights of Autofact
Autofact has successfully raised a total of $135K across 3 strategic funding rounds. The most recent funding activity was a Grant round of $168 thousand completed in January 2015. 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 3
- Last Round Grant — $168,000
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First Round
First Round
(07 Nov 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2015 | Amount | Grant - Autofact | Valuation |
investors |
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| Nov, 2014 | Amount | Seed - Autofact | Valuation |
investors |
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| Nov, 2012 | Amount | Seed - Autofact | 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 Autofact
Autofact has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CAR Group Limited, Wayra Hispam and Start-Up Chile. 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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Tech startups are funded by Wayra venture capital initiatives.
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Founded Year | Domain | Location | |
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Government-backed startup accelerator programs are operated in Chile.
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Founded Year | Domain | Location | |
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Online automotive classifieds are operated by CAR Group Limited.
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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 Autofact
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Autofact
| 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 |
Autofact Comparisons
Competitors of Autofact
Autofact 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 Carfax, Kelley Blue Book, HPI, carVertical and Bumper, 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 |
Vehicle history information provider for buyers and sellers of used cars
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| domain | founded_year | HQ Location |
New/used car buy/sell price information platform
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| domain | founded_year | HQ Location |
Technology-driven data solutions are delivered to automotive markets.
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| domain | founded_year | HQ Location |
A decentralized vehicle history registry is operated via blockchain.
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| domain | founded_year | HQ Location |
Vehicle history reports and automotive marketplace services are provided by Bumper.
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| domain | founded_year | HQ Location |
Automotive pricing data and market insights provider
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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 Autofact
When was Autofact founded?
Autofact was founded in 2012.
Where is Autofact located?
Autofact is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.
Who is the current CEO of Autofact?
Christopher Solminihac is the current CEO of Autofact. They have also founded this company.
Is Autofact a funded company?
Autofact is a funded company, having raised a total of $135K across 3 funding rounds to date. The company's 1st funding round was a Seed of $40K, raised on Nov 07, 2012.
What does Autofact do?
Founded in 2012 in Santiago, Chile, Autofact operates in the automotive data sector. Proprietary technology is used to gather public and private information from various sources. Detailed reports on used vehicles are generated, covering fines, violations, ownership history, mileage records, and technical assessments. Services are accessible through the platform at autofact.cl, supporting informed decisions in the used car market.
Who are the top competitors of Autofact?
Autofact's top competitors include Kelley Blue Book, Carfax and carVertical.
Who are Autofact's investors?
Autofact has 3 investors. Key investors include CAR Group Limited, Wayra Hispam, and Start-Up Chile.
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