About Brumbrum
Brumbrum is a company based in Milan (Italy) founded in 2016 by Alberto Genovese and Francesco Banfi was acquired by Cazoo in January 2022. Brumbrum has raised $35.24 million across 3 funding rounds from investors including Cazoo, Accel and Oaktree Capital Management. Brumbrum offers products and services including Used Car Sales Platform, Financing Service, and Delivery Service. Brumbrum operates in a competitive market with competitors including AUTO1.com, CarAffinity, GoodBuyAuto, Carsoon and CuboAuto, among others.
- Headquarter Milan, Italy
- Founders Alberto Genovese, Francesco Banfi
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Brum Brum D.O.O.
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Products & Services of Brumbrum
Brumbrum offers a comprehensive portfolio of products and services, including Used Car Sales Platform, Financing Service, and Delivery Service.
Online service for browsing and buying used cars with quality checks.
Provides loans and financing options for vehicle purchases.
Handles car delivery and documentation across Italy.
Funding Insights of Brumbrum
Brumbrum has successfully raised a total of $35.24M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $77.3 million completed in June 2021. 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 Brumbrum
Brumbrum has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Cazoo, Accel and Oaktree Capital Management.
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Real estate fund, infrastructure fund, and private equity firm focused on multiple sectors
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Venture capital firm focused on European digital-tech businesses.
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Accel is recognized as a leading venture capital firm.
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Investor details for Brumbrum
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Investments & Acquisitions by Brumbrum
Investment portfolio details for Brumbrum
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Financial Statements - Brumbrum
Detailed financials for Brumbrum
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Brumbrum Comparisons
Peer comparison for Brumbrum
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Competitors of Brumbrum
Brumbrum 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 AUTO1.com, CarAffinity, GoodBuyAuto, Carsoon and CuboAuto, among others.
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AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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Online classified portal of new & used cars
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Operates an online platform for buying and selling used cars, simplifying the vehicle transaction process.
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Online platform that facilitates the buying and selling of used vehicles
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Online marketplace for searching, buying, and selling automobiles and motorcycles.
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Detailed competitors of Brumbrum
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Latest news on Brumbrum
Complete news archive for Brumbrum
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Frequently Asked Questions about Brumbrum
Brumbrum was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Brumbrum is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Francesco Banfi is the current CEO of Brumbrum. They have also founded this company.
Brumbrum is a funded company, having raised a total of $35.24M across 3 funding rounds to date.
Brumbrum was founded in 2016 in Milan, Italy, as an online dealer in the pre-owned automotive sector. Prospective buyers are enabled to search and view car listings, including 360-degree interior and exterior images, vehicle history reports, loan details, performance data, fuel economy figures, estimated prices, and trade-in values. A money-back guarantee is provided for every vehicle purchase.
Brumbrum's top competitors include AUTO1.com, CarAffinity and Carsoon.
Brumbrum offers Used Car Sales Platform, Financing Service, and Delivery Service.
Brumbrum has 8 investors. Key investors include Cazoo, Accel, Oaktree Capital Management, P&G SGR, and DIP - Disruptive Investment Platform.