About Fast Lane Auto Exchange
Fast Lane Auto Exchange is a company based in Mount Morris (United States) founded in 2017 was acquired by EBlock in February 2022.. Fast Lane Auto Exchange offers products and services including Auto Auction Services. Fast Lane Auto Exchange operates in a competitive market with competitors including Copart, Droom, Cars.com, CarGurus and Group1 Automotive, among others.
- Headquarter Mount Morris, United States
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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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Products & Services of Fast Lane Auto Exchange
Fast Lane Auto Exchange offers a comprehensive portfolio of products and services, including Auto Auction Services. 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.
Facilitates weekly vehicle auctions and online sales transactions
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Funding Insights of Fast Lane Auto Exchange
| 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 Fast Lane Auto Exchange
Fast Lane Auto Exchange has secured backing from 1 investor. Prominent investors backing the company include EBlock. 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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Pre-owned cars are purchased outright through an online platform.
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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 Fast Lane Auto Exchange
| 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 - Fast Lane Auto Exchange
| 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 |
Fast Lane Auto Exchange Comparisons
Competitors of Fast Lane Auto Exchange
Fast Lane Auto Exchange 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, Droom, Cars.com, CarGurus and Group1 Automotive, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Used cars are listed and analyzed on an online platform.
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| domain | founded_year | HQ Location |
Automotive vehicle listings are managed via an app-based platform.
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| domain | founded_year | HQ Location |
Provider of new & used cars and trucks dealership services
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| domain | founded_year | HQ Location |
New and used vehicles are offered online by AutoNation.
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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 Fast Lane Auto Exchange
When was Fast Lane Auto Exchange founded?
Fast Lane Auto Exchange was founded in 2017.
Where is Fast Lane Auto Exchange located?
Fast Lane Auto Exchange is headquartered in Mount Morris, United States. It is registered at Mount Morris, Illinois, United States.
What does Fast Lane Auto Exchange do?
Fast Lane Auto Exchange offers Auto Auction Services while focusing on auto, auto retail aftersales, dealership, diversified, and new used. Provider of cars exchange 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 Fast Lane Auto Exchange?
What products or services does Fast Lane Auto Exchange offer?
Fast Lane Auto Exchange offers Auto Auction Services.
Who are Fast Lane Auto Exchange's investors?
Fast Lane Auto Exchange has 1 investor. Key investors include EBlock.