About GoodBuyAuto
GoodBuyAuto is a company based in Milan (Italy) founded in 2015 by Carlo Salizzoni and Andrea Locatelli. It operates as a B2C. GoodBuyAuto has raised $2.71 million across 2 funding rounds. GoodBuyAuto operates in a competitive market with competitors including AUTO1.com, Brumbrum, CarAffinity, Carsoon and Auto Moto Usate Roma, among others.
- Headquarter Milan, Italy
- Founders Carlo Salizzoni, Andrea Locatelli
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Sectors
Retail
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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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Total Equity Funding
$2.71 M (USD)
in 2 rounds
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Latest Funding Round
$1.06 M (USD), Seed
Nov 23, 2016
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Investors
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Employee Count
Employee Count
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Funding Insights of GoodBuyAuto
GoodBuyAuto has successfully raised a total of $2.71M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.06 million completed in November 2016. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
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First Round
First Round
(09 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Seed - GoodBuyAuto | Valuation |
investors |
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| Mar, 2016 | Amount | Seed - GoodBuyAuto | Valuation |
investors |
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| 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 |
Investments & Acquisitions by GoodBuyAuto
| 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 - GoodBuyAuto
| 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 |
Goodbuyauto Comparisons
Competitors of GoodBuyAuto
GoodBuyAuto 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, Brumbrum, CarAffinity, Carsoon and Auto Moto Usate Roma, 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 |
AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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| domain | founded_year | HQ Location |
Online dealer of pre-owned cars
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| domain | founded_year | HQ Location |
Online classified portal of new & used cars
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| domain | founded_year | HQ Location |
Online platform that facilitates the buying and selling of used vehicles
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| domain | founded_year | HQ Location |
Sells and buys used automobiles, motorcycles, and provides financing options.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 GoodBuyAuto
When was GoodBuyAuto founded?
GoodBuyAuto was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is GoodBuyAuto located?
GoodBuyAuto is headquartered in Milan, Italy. It is registered at Milan, Lombardy, Italy.
Who is the current CEO of GoodBuyAuto?
Carlo Salizzoni is the current CEO of GoodBuyAuto. They have also founded this company.
Is GoodBuyAuto a funded company?
GoodBuyAuto is a funded company, having raised a total of $2.71M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.65M, raised on Mar 09, 2016.
What does GoodBuyAuto do?
GoodBuyAuto operates an online platform for buying and selling used cars, simplifying the vehicle transaction process, focusing on dealing with automotive parts, used vehicles, online marketplaces, and buy and sell platforms. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of GoodBuyAuto?
GoodBuyAuto's top competitors include AUTO1.com, Brumbrum and CarAffinity.
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