About CAR24
CAR24 is a company based in Kassel (Germany) founded in 1997 was acquired by Arwe Service in April 2014.. CAR24 offers products and services including Vehicle Logistics, Vehicle Preparation, and Registration Service. CAR24 operates in a competitive market with competitors including DACHSER, nox NachtExpress, Association of German Transport Companies, Bohnen Logistik and Hegelmann, among others.
- Headquarter Kassel, Germany
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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 Car24 Gmbh
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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
Arwe Service
(Apr 10, 2014)
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Products & Services of CAR24
CAR24 offers a comprehensive portfolio of products and services, including Vehicle Logistics, Vehicle Preparation, and Registration Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles Europe-wide transfers of vehicles for clients.
Offers professional washing and care for vehicles.
Provides assistance with vehicle registration processes.
Funding Insights of CAR24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 CAR24
CAR24 has secured backing from 1 investor. Prominent investors backing the company include Arwe Service. 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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Automotive repair, maintenance, and mobility services are provided globally.
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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 CAR24
| 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 - CAR24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Car24 Comparisons
Competitors of CAR24
CAR24 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 DACHSER, nox NachtExpress, Association of German Transport Companies, Bohnen Logistik and Hegelmann, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Courier express parcel and road freight forwarding services are provided.
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| domain | founded_year | HQ Location |
Provider of road freight forwarding services
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| domain | founded_year | HQ Location |
Logistics services are provided across various supply chain operations.
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| domain | founded_year | HQ Location |
Provides logistics, transportation, warehousing, and multimodal services worldwide.
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| domain | founded_year | HQ Location |
Road freight forwarding and logistics services are provided.
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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 CAR24
When was CAR24 founded?
CAR24 was founded in 1997.
Where is CAR24 located?
CAR24 is headquartered in Kassel, Germany. It is registered at Kassel, Hesse, Germany.
What does CAR24 do?
CAR24 offers Vehicle Logistics, Vehicle Preparation, Registration Service while focusing on transportation and logistics, freight forwarders, and road. Provider of logistics, storage, and transportation services. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of CAR24?
CAR24's top competitors include DACHSER, nox NachtExpress and LOXX.
What products or services does CAR24 offer?
CAR24 offers Vehicle Logistics, Vehicle Preparation, and Registration Service.
Who are CAR24's investors?
CAR24 has 1 investor. Key investors include Arwe Service.