About Bynco
Bynco is a company based in Utrecht (Netherlands) founded in 2016 by Jeroen Veldman was acquired by Automotive MediaVentions in April 2023.. Bynco operates in a competitive market with competitors including AUTO1.com, CarNext, AutoTrack, viaBOVAG and Gaspedaal, among others.
- Headquarter Utrecht, Netherlands
- Founders Jeroen Veldman
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Automotive MediaVentions
(Apr 03, 2023)
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Funding Insights of Bynco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bynco
Bynco has secured backing from 1 investor. Prominent investors backing the company include Automotive MediaVentions. 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 |
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Offers data insights and leads for automotive sales in the Netherlands.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bynco
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bynco
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bynco Comparisons
Competitors of Bynco
Bynco 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, CarNext, AutoTrack, viaBOVAG and Gaspedaal, 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 |
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| domain | founded_year | HQ Location |
AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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| domain | founded_year | HQ Location |
Used cars are traded via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Metasearch platform for new and used automobiles is operated.
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| domain | founded_year | HQ Location |
Online marketplace for purchasing and selling cars, bikes, and vehicles.
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| domain | founded_year | HQ Location |
Functions as a metasearch engine specializing in used car listings.
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| domain | founded_year | HQ Location |
Provides used car sales, import, export, and vehicle trading services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bynco
When was Bynco founded?
Bynco was founded in 2016.
Where is Bynco located?
Bynco is headquartered in Utrecht, Netherlands.
What does Bynco do?
Bynco was founded in 2016 in Utrecht, Netherlands, as an online business-to-consumer platform in the automotive sector. Second-hand cars are listed for purchase, with services such as financing, private leasing, trade-ins, a 14-day trial period, 180-day warranty, home delivery, and online payments provided to buyers. Test drives can be scheduled in advance, facilitating transactions within the Dutch market.
Who are the top competitors of Bynco?
Who are Bynco's investors?
Bynco has 1 investor. Key investors include Automotive MediaVentions.
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