HomeNet Automotive

Exton, United States Founded: 1996 • Age: 30 yrs Acquired By Autotrader
Inventory management solutions are offered to automotive dealers.
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About HomeNet Automotive

HomeNet Automotive is a company based in Exton (United States) founded in 1996 was acquired by Autotrader in December 2010.. HomeNet Automotive offers products and services including Syndication Packages, Photo Backgrounding, SnapLot, 360 Video, and Online Image Overlays. HomeNet Automotive operates in a competitive market with competitors including Spyne, Spinframe, ZeroLight, CarCutter and LotMonkey, among others.

  • Headquarter Exton, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Autotrader

    (Dec 01, 2010)

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Products & Services of HomeNet Automotive

HomeNet Automotive offers a comprehensive portfolio of products and services, including Syndication Packages, Photo Backgrounding, SnapLot, 360 Video, and Online Image Overlays. 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.

Primary

Tools for aggregating and syndicating vehicle inventory online.

Service to enhance vehicle photos for better online appeal.

Platform for lot services and vehicle tracking.

Creates immersive videos of vehicles for marketing.

Adds overlays to images to improve vehicle listings.

People of HomeNet Automotive
Headcount 50-200
Employee Profiles 27
Employee Profiles
People
John Lafferty
Sr. Manager, Operations
People
Shane Bennett
Operations Support Manager
People
Peter Hovey
Operations Support Manager
People
Rebecca Peschong
Manager Strategic Account Services

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Funding Insights of HomeNet Automotive

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in HomeNet Automotive

HomeNet Automotive has secured backing from 1 investor. Prominent investors backing the company include AutoTrader. 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.

All
Investor Description Founded Year Domain Location
Used and new cars are listed online for user searches.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HomeNet Automotive

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - HomeNet Automotive

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Homenet Automotive Comparisons

Employees
+
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Competitors of HomeNet Automotive

HomeNet Automotive 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 Spyne, Spinframe, ZeroLight, CarCutter and LotMonkey, 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
AI-powered imaging for vehicle photography is provided by the platform.
domain founded_year HQ Location
Digital video cataloging solutions are offered for used car retailers.
domain founded_year HQ Location
VR-based 3D visualization solutions for automotive are delivered.
domain founded_year HQ Location
AI & cloud-driven visual editing & optimization solution for the automotive industry
domain founded_year HQ Location
Merchandising solution for auto-dealers
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Homenet Automotive

Frequently Asked Questions about HomeNet Automotive

When was HomeNet Automotive founded?

HomeNet Automotive was founded in 1996.

Where is HomeNet Automotive located?

HomeNet Automotive is headquartered in Exton, United States. It is registered at Exton, Pennsylvania, United States.

Who is the current CEO of HomeNet Automotive?

Mick Boskovich is the current CEO of HomeNet Automotive.

What does HomeNet Automotive do?

HomeNet Automotive was founded in 1996 and is headquartered in Exton, United States. Inventory and merchandising solutions are provided to auto dealers through its flagship product, Inventory Online (IOL), along with variants such as IOL Ultimate, IOL Overdrive, and IOL Essentials. Back-end data management and real-time inventory updates are facilitated, enabling streamlined merchandising and distribution from a single location within the automotive sector.

Who are the top competitors of HomeNet Automotive?

HomeNet Automotive's top competitors include Spyne, ZeroLight and Spinframe.

What products or services does HomeNet Automotive offer?

HomeNet Automotive offers Syndication Packages, Photo Backgrounding, SnapLot, 360 Video, and Online Image Overlays.

Who are HomeNet Automotive's investors?

HomeNet Automotive has 1 investor. Key investors include AutoTrader.

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