About Autozen
Autozen is a company based in Canada founded in 2020. Autozen has raised $8.14 million across 2 funding rounds from investors including Anges Québec and Vanedge Capital. Autozen offers products and services including Car Selling Platform, Valuation Tool, and Auction Process. Autozen operates in a competitive market with competitors including Copart, TRADE X, TradeRev, MintList and Impact Auto Auctions, among others.
- Headquarter Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Autozen Technology Ltd
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.14 M (USD)
in 2 rounds
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Latest Funding Round
$3.94 M (USD), Seed
Jun 16, 2022
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Investors
Anges Québec
& 1 more
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Employee Count
Not available
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Products & Services of Autozen
Autozen offers a comprehensive portfolio of products and services, including Car Selling Platform, Valuation Tool, and Auction Process.
Platform for valuing and auctioning used cars to dealers.
Tool to estimate used car value based on details.
System where dealers bid on listed vehicles online.
People of Autozen
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Funding Insights of Autozen
Autozen has successfully raised a total of $8.14M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.94 million completed in June 2022. 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.
Investors in Autozen
Autozen has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Anges Québec and Vanedge Capital.
| Investor | Description | Founded Year | Domain | Location |
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Angel investment network supporting innovative entrepreneurs in Canada.
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Early-stage venture capital is invested in US and Canadian companies.
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Investor details for Autozen
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Investments & Acquisitions by Autozen
Investment portfolio details for Autozen
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Financial Statements - Autozen
Detailed financials for Autozen
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Autozen Comparisons
Peer comparison for Autozen
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Competitors of Autozen
Autozen 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, TRADE X, TradeRev, MintList and Impact Auto Auctions, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used and salvaged vehicles are offered via an online marketplace.
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Functions as a B2B trading solution for automotive dealers.
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Real-time B2B vehicle auctions are conducted online for dealerships.
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Used cars are listed online with buyer offers facilitated.
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Operates an app-based platform for auctioning second-hand automobiles.
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Detailed competitors of Autozen
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Latest news on Autozen
Complete news archive for Autozen
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Frequently Asked Questions about Autozen
Autozen was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Autozen is headquartered in Canada.
Autozen is a funded company, having raised a total of $8.14M across 2 funding rounds to date.
Autozen was founded in 2020 in Canada as an online peer-to-peer marketplace focused on used cars. Operations center on an auction system where car valuations are generated for owners based on vehicle condition and market factors. Buyers submit bids through the platform, and owners review offers to finalize sales. The service facilitates direct transactions in the automotive sector without intermediaries.
Autozen's top competitors include Copart, Trade Helper and MintList.
Autozen offers Car Selling Platform, Valuation Tool, and Auction Process.
Autozen has 2 investors. Key investors include Anges Québec, and Vanedge Capital.