Autozen

Canada Founded: 2020 • Age: 6 yrs
Used cars are auctioned peer-to-peer online via Autozen platform.

About Autozen

Autozen is a Transportation, Automotive & Logistics company based in Canada founded in 2020. Used cars are auctioned peer-to-peer online via Autozen platform. 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. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its legal entity is Autozen Technology LTD. Its competitors include TRADE X, MintList and Impact Auto Auctions; 2 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Canada
  • Sectors
    Transportation, Automotive & Logistics
  • Website autozen.com
  • Social LinkedIn X
  • Legal Name Autozen Technology Ltd
Key Metrics
  • Total Equity Funding
    $8.14M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.94M (USD), Seed

    Jun 2022

  • Investors

Products & Services of Autozen

Autozen offers a comprehensive portfolio of products and services, including Car Selling Platform, Valuation Tool, and Auction Process.

Car Selling Platform
Online Auction Service

Platform for valuing and auctioning used cars to dealers.

Valuation Tool
Assessment Service

Tool to estimate used car value based on details.

Auction Process
Bidding System

System where dealers bid on listed vehicles online.

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.

  • Total Funding $8.14M
  • Total Rounds 2
  • Last Round Seed — $3.94M
  • First Round $4.2M

    (Jan 2021)

  • Investors Count 2

All 2 funding rounds of Autozen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$3.94MSeed–Vanedge Capital
Jan 2021$4.2MSeed––
–
Valuation history

2 investors in total: 2 institutional.

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.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Angel investment network supporting innovative entrepreneurs in Canada.
2008angesquebec.comMontréal, Canada
Early-stage venture capital is invested in US and Canadian companies.
vanedgecapital.comVancouver, Canada
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Investor details for Autozen

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Autozen

18 people are tracked at Autozen (5 in leadership, 4 in board & advisors, 9 in team).

NameRoleGroup
Stefan Person
VP, Customer SuccessLeadership
Tej Arora
Head of OperationsLeadership
Amir Mirhosseini
VP, EngineeringLeadership
Sean Mactavish
CEOLeadership
Adam McCluskey
Head of MarketingLeadership
Matt Beckstead
AdvisorBoard & advisors
Penny Wilson
AdvsiorBoard & advisors
Ali Kashani
AdvisorBoard & advisors
Pauline Moller
AdvisorBoard & advisors
Allen Leung
Full Stack DeveloperTeam
Ka Man Lam
Full Stack DeveloperTeam
Joni Goodman
Senior Sales & Development ManagerTeam
Mary Carol Anne Macrohon
OperationsTeam
Mary Castaneda
Customer Support SpecialistTeam
Lordy Grewalson
Senior Performance ManagerTeam
Jackelyn Santos
Operations AdminTeam
Tanya Badayos
Auction Prep LeadTeam
Abdul Al-Madhee
OperationsTeam
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Complete people profiles for Autozen

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of Autozen

3 dated milestones of Autozen across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Autozen is founded.
  2. Funding First funding round of $4.2M.
  3. Funding Latest funding round, Seed, of $3.9M.

Competitors of Autozen

Autozen has 3 listed competitors in our database, 2 of them funded. They include TRADE X, MintList and Impact Auto Auctions.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tradexport.com2018Mississauga, Canada$35M
Functions as a B2B trading solution for automotive dealers.
mintlist.com2020Vancouver, Canada$2.19M
Used cars are listed online with buyer offers facilitated.
impactauto.ca1984Mississauga, Canada
Operates an app-based platform for auctioning second-hand automobiles.
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Detailed competitors of Autozen

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Autozen

The website of Autozen (autozen.com) receives about 3K visits a month.

  • Monthly visits
    3K

    ▼ 29% vs previous month

Similar websites

Websites whose visitors overlap most with Autozen. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fastaction.ca
fastaction.ca
100%
#3,512,221–
carnationcanada.com
carnationcanada.com
93%
#1,392,718–
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Related news about Autozen

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Complete news archive for Autozen

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  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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. The company's 1st funding round was a Seed of $4.2M, raised on Jan 2021.

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 MintList, TRADE X and Impact Auto Auctions.

Autozen offers Car Selling Platform, Valuation Tool, and Auction Process.

Autozen has 2 investors. Key investors include Anges Québec, and Vanedge Capital.

Autozen operates through Autozen Technology Ltd.

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