About Azoop
Azoop is a Transportation, Automotive & Logistics company based in Setagaya (Japan) founded in 2017 by Kwisong Park. It operates as an online auction platform for used commercial vehicles is operated. Azoop has raised $7.84 million across 1 funding round from investors including JAFCO Group and Monoful Venture Partners. Its chief executive is Kwisong Park. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Multi Category. Its competitors include Jimex, Mobilico, QCA, Car Junction and WIWEB international ads and 1 more.
Company details
Founded in 2017 and based in Setagaya, Japan, an online marketplace called Truckers Auction is maintained for the trade of used commercial vehicles. Categories covered include trucks, tractors, forklifts, trailers, heavy machinery, buses, and cranes. Additional services such as logistics coordination, paperwork handling, and concierge assistance are provided to facilitate transactions.
- Headquarters Setagaya, Japan
- Founders Kwisong Park
- SectorsTransportation, Automotive & Logistics
- Website azoop.co.jp
- Total Equity Funding$7.84M (USD)
in 1 rounds
- Latest Funding Round$7.84M (USD), Series B
Feb 2022
- InvestorsJAFCO Group
& 1 more
Funding Insights of Azoop
Azoop has successfully raised a total of $7.84M through 1 strategic funding round. The most recent funding activity was a Series B round of $7.84 million completed in February 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 $7.84M
- Total Rounds 1
- Last Round Series B — $7.84M
- First Round $7.84M
(Feb 2022)
- Investors Count 2
All 1 funding rounds of Azoop with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $7.84M | Series B | – | JAFCO Group, Monoful Venture Partners | – |
2 investors in total: 2 institutional.
Investors in Azoop
Azoop has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include JAFCO Group and Monoful Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Limited information is provided about Monoful Venture Partners. | – | monofulventurepartners.com | - | |
Buyouts are targeted through venture capital and private equity investments. | – | jafco.co.jp | Minato City, Japan |
Investor details for Azoop
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People of Azoop
1 people are tracked at Azoop (1 in leadership).
| Name | Role | Group |
|---|---|---|
Kwisong Park | Founder, President & CEO | Leadership |
Complete people profiles for Azoop
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Timeline of Azoop
2 dated milestones of Azoop across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Azoop is founded.
- Funding First funding round of $7.8M.
Competitors of Azoop
Azoop has 6 listed competitors in our database. They include Jimex, Mobilico, QCA, Car Junction and WIWEB international ads, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jimex.co.jp | 2007 | Yokohama, Japan | – | – | Operates an online auction platform for buying and selling automobiles efficiently. | |
| mobilico.jp | 2019 | Kagoshima, Japan | – | – | Operates an app-based platform for listing and selling used vehicles. | |
| qca.auction | 2021 | Nagoya, Japan | – | – | Operates a digital hub for used car auctions. | |
| carjunction.com | 1996 | Asaka, Japan | – | – | Operates an online platform for buying and selling used cars and commercial vehicles. | |
| wiweb.jp | 2020 | Fukui, Japan | – | – | Operates an online platform for listing and selling multi-category second-hand cars and spare parts. | |
| japanese-car-bazar.com | 2010 | Shiroi, Japan | – | – | Operates a listing platform for buying and selling pre-owned vehicles. |
Detailed competitors of Azoop
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Web traffic of Azoop
The website of Azoop (azoop.co.jp) receives about 6.1K visits a month.
- Monthly visits6.1K
Websites whose visitors overlap most with Azoop. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
1150job.com | 1150job.com | 100% | – | #698,334 | – |
ous.co.jp | ous.co.jp | 34% | – | #1,886,204 | – |
Top companies in Automotive Retail & Aftersales
10 companies that operate in the same segment as Azoop (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
General and life insurance products are provided across multiple categories. | 2016 | Bengaluru, Karnataka, India | USD 462.45 M | USD 1.12 B | 4,589 | |
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 746.17 M | USD 216.04 M | 1,306 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 741.46 M | USD 446.48 M | 5,812 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.85 B | – | 11 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 161.3 M | USD 369.88 M | 625 | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,381 |
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Frequently Asked Questions about Azoop
Azoop was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Azoop is headquartered in Setagaya, Japan. It is registered at Setagaya, Tokyo, Japan.
Kwisong Park is the current CEO of Azoop. They have also founded this company.
Azoop is a funded company, having raised a total of $7.84M across 1 funding round to date. The company's 1st funding round was a Series B of $7.84M, raised on Feb 2022.
Founded in 2017 and based in Setagaya, Japan, an online marketplace called Truckers Auction is maintained for the trade of used commercial vehicles. Categories covered include trucks, tractors, forklifts, trailers, heavy machinery, buses, and cranes. Additional services such as logistics coordination, paperwork handling, and concierge assistance are provided to facilitate transactions.
Azoop has 2 investors. Key investors include JAFCO Group, and Monoful Venture Partners.