About AutoVex
AutoVex is a company based in Helsinki (Finland) founded in 2017 was acquired by Schibsted Media Group in December 2022.. AutoVex offers products and services including Car Auction Platform and Price Estimation Tool. AutoVex operates in a competitive market with competitors including Copart, AUTO1 Group and BINGOOO, among others.
- Headquarter Helsinki, Finland
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Schibsted Media Group
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Schibsted Media Group
(Dec 22, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of AutoVex
AutoVex offers a comprehensive portfolio of products and services, including Car Auction Platform and Price Estimation Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for submitting car details and receiving bids from dealerships.
Tool that provides market-based car value estimates for sellers.
Unlock access to complete
Funding Insights of AutoVex
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - AutoVex | Valuation | Gorilla Capital |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AutoVex
AutoVex has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Schibsted Media Group and Gorilla Capital. 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 |
|---|---|---|---|---|
|
Early-stage investments are made in Nordic and Baltic startups.
|
Founded Year | Domain | Location | |
|
Leading Nordic news brands are operated by media house.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by AutoVex
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - AutoVex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Autovex Comparisons
Competitors of AutoVex
AutoVex 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 Copart, AUTO1 Group and BINGOOO, 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 |
Used and salvaged vehicles are offered via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Online B2B marketplace for used cars
|
|
| domain | founded_year | HQ Location |
Offers real-time search tools for automotive and real estate professionals.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about AutoVex
When was AutoVex founded?
AutoVex was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is AutoVex located?
AutoVex is headquartered in Helsinki, Finland.
What does AutoVex do?
AutoVex was founded in 2017 in Helsinki, Finland, as an online C2B auction platform in the automotive sector. Vehicles are listed by individual sellers through detailed submissions including personal information. Bids are placed by partnered dealerships on these listings. Multiple offers are provided to sellers, who can accept or reject them without obligation. Operations focus on facilitating direct transactions between consumers and dealers.
Who are the top competitors of AutoVex?
AutoVex's top competitors include Copart, AUTO1 Group and BINGOOO.
What products or services does AutoVex offer?
AutoVex offers Car Auction Platform and Price Estimation Tool.
Who are AutoVex's investors?
AutoVex has 2 investors. Key investors include Schibsted Media Group, and Gorilla Capital.