About CitNOW
CitNOW is a company based in Reading (United Kingdom) founded in 2008 was acquired by Livingbridge in July 2022.. CitNOW has completed 6 acquisitions, including AutoImaging, Dealerweb and Quik. CitNOW offers products and services including CitNOW Appraise, CitNOW Bodyshop, CitNOW Conversations, CitNOW Imaging, and CitNOW Sales. CitNOW operates in a competitive market with competitors including Digital Air Strike, Xtime, Dealer.com, myKaarma and Rollick, among others.
- Headquarter Reading, United Kingdom
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Sectors
TechnologyTransportation, 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 Citnow Nordic A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Santander Bank
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
AutoImaging
& 5 more
- Acquired by
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Products & Services of CitNOW
CitNOW offers a comprehensive portfolio of products and services, including CitNOW Appraise, CitNOW Bodyshop, CitNOW Conversations, CitNOW Imaging, and CitNOW Sales. 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.
Offers fast, accurate part exchange valuations for vehicles.
Facilitates clear communication for repairs and agreements.
Enables easy customer interactions through various channels.
Manages and shares high-quality vehicle images online.
Helps build relationships and convert enquiries into sales.
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Funding Insights of CitNOW
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2016 | Amount | Series A - CitNOW | Valuation | Santander Bank |
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| Sep, 2014 | Amount | Series A - CitNOW | Valuation | Santander Bank |
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| 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 CitNOW
CitNOW has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Santander Bank, Tenzing and Livingbridge. 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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Founded Year | Domain | Location | |
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Livingbridge is engaged in mid-market private equity investments.
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Founded Year | Domain | Location | |
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Commercial banking services are offered in the United States.
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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 CitNOW
CitNOW has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AutoImaging, Dealerweb and Quik. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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SaaS operations management is delivered to auto dealers.
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2019 | ||||
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SaaS-driven management solutions for auto dealerships are provided.
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2018 | ||||
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SaaS-based imaging solutions are provided for auto dealers.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - CitNOW
| 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 |
Citnow Comparisons
Competitors of CitNOW
CitNOW 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 Digital Air Strike, Xtime, Dealer.com, myKaarma and Rollick, 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 |
Digital marketing solutions are provided for auto dealerships.
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| domain | founded_year | HQ Location |
Customer engagement tools for automotive dealers are provided.
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| domain | founded_year | HQ Location |
Digital marketing solutions for automotive dealerships are delivered.
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| domain | founded_year | HQ Location |
SaaS-based customer interaction management is provided for dealerships.
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| domain | founded_year | HQ Location |
Omnichannel marketing automation is provided to automotive OEMs and dealers.
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| domain | founded_year | HQ Location |
Cloud-based marketing automation is offered for the automobile industry.
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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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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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Latest news on Citnow
Frequently Asked Questions about CitNOW
When was CitNOW founded?
CitNOW was founded in 2008 and raised its 1st funding round 6 years after it was founded.
Where is CitNOW located?
CitNOW is headquartered in Reading, United Kingdom.
What does CitNOW do?
CitNOW offers video support services for the automotive industry. It provides sales, aftersales, and Bodyshop video services to 31 major automotive manufacturers. Video apps include CitNOW Sales built for salespeople to build trust and sell more cars, CitNOW Workshop is built to help increase conversions for Red and Amber work in the workshop, CitNOW Bodyshop is dedicated to the accident repair team and shows customers exactly what is happening with their vehicle and CitNOW Web is an integrated web video solution to help customers see dealers inventory through online video. It also offers two more products CitNOW Trade In and CitNOW Academy. Ford, LandRover, Mercedes Benz, Jaguar, Aston Martin, Audi are some of its clients.
What products or services does CitNOW offer?
CitNOW offers CitNOW Appraise, CitNOW Bodyshop, CitNOW Conversations, CitNOW Imaging, and CitNOW Sales.
How many acquisitions has CitNOW made?
CitNOW has made 6 acquisitions, including AutoImaging, Dealerweb, and Quik.
Who are CitNOW's investors?
CitNOW has 3 investors. Key investors include Santander Bank, Tenzing, and Livingbridge.
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