About CarOnSale
CarOnSale is a company based in Berlin (Germany) founded in 2019 by Oguz Ozguler, Fabian D Roth, and Tom Kruger. CarOnSale has raised $160.16 million across 4 funding rounds from investors including HV Capital, Stripes and Creandum. The company has 42 employees as of December 31, 2020. CarOnSale offers products and services including B2B Marketplace Platform and Auction Service. CarOnSale operates in a competitive market with competitors including Copart, Yamaha Corporation, AUTO1.com, Carwow and Pendragon, among others.
- Headquarter Berlin, Germany
- Employees 42 as on 31 Dec, 2020
- Founders Oguz Ozguler, Fabian D Roth, Tom Kruger
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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 Castle Tech Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$160.16 M (USD)
in 4 rounds
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Latest Funding Round
$82.41 M (USD), Series C
Jul 07, 2025
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Investors
HV Capital
& 4 more
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Employee Count
42
as on Dec 31, 2020
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Products & Services of CarOnSale
CarOnSale offers a comprehensive portfolio of products and services, including B2B Marketplace Platform and Auction Service.
Platform for auctioning and trading used cars among dealers.
Service for bidding on used vehicles with guaranteed prices.
Funding Insights of CarOnSale
CarOnSale has successfully raised a total of $160.16M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $82.41 million completed in July 2025. 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 CarOnSale
CarOnSale has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include HV Capital, Stripes and Creandum.
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Investor details for CarOnSale
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- Investor locations
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Investments & Acquisitions by CarOnSale
Investment portfolio details for CarOnSale
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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Financial Statements - CarOnSale
Detailed financials for CarOnSale
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Caronsale Comparisons
Peer comparison for CarOnSale
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- Named peers
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Competitors of CarOnSale
CarOnSale 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 Copart, Yamaha Corporation, AUTO1.com, Carwow and Pendragon, among others.
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Used and salvaged vehicles are offered via an online marketplace.
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Multinational corporation and conglomerate company
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AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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Online marketplace to buy new cars
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Car dealership, repair, and leasing services are provided.
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Integrated solutions for fleet management and vehicle tracking
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Detailed competitors of CarOnSale
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Latest news on Caronsale
Complete news archive for CarOnSale
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Frequently Asked Questions about CarOnSale
CarOnSale was founded in 2019.
CarOnSale is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Tom Kruger is the current CEO of CarOnSale. They have also founded this company.
CarOnSale is a funded company, having raised a total of $160.16M across 4 funding rounds to date.
As of Dec 31, 2020, the latest employee count at CarOnSale is 42.
Founded in 2019 and based in Berlin, Germany, the company operates as a B2B marketplace in the automotive sector. Transactions for used vehicles are streamlined through digital tools that handle vehicle intake, assessment, auctions, transport, and claims management. Support is provided across the buying and selling process, with structured data interfaces used to connect licensed dealers and professional traders.
CarOnSale's top competitors include Copart, Carwow and Yamaha Corporation.
CarOnSale offers B2B Marketplace Platform and Auction Service.
CarOnSale has 5 investors. Key investors include HV Capital, Stripes, Creandum, Insight Partners, and Northzone.