About MeinAuto
MeinAuto is a company based in Koln (Germany) founded in 2007 was acquired by Mobilize Financial Services in July 2023.. MeinAuto has raised $9.08 million across 2 funding rounds from investors including Hg, Mobilize Financial Services and HV Capital. The company has 197 employees as of December 31, 2021. MeinAuto has completed 2 acquisitions, including AutoDa and Vehiculum. MeinAuto offers products and services including Car Buying Platform, Leasing Service, and Vario-Finanzierung. MeinAuto operates in a competitive market with competitors including Copart, Carwow, HeyCar, AUTO1.com and InstaMotion, among others.
- Headquarter Koln, Germany
- Employees 197 as on 31 Dec, 2021
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Sectors
Transportation, Automotive & Logistics
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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
$9.08 M (USD)
in 2 rounds
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Latest Funding Round
$9.08 M (USD), Series A
Jan 09, 2018
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Investors
Hg
& 2 more
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Employee Count
197
as on Dec 31, 2021
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Investments & Acquisitions
AutoDa
& 1 more
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Acquired by
Mobilize Financial Services
(Jul 13, 2023)
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Products & Services of MeinAuto
MeinAuto offers a comprehensive portfolio of products and services, including Car Buying Platform, Leasing Service, and Vario-Finanzierung. 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.
Online service for purchasing new cars with deals
Monthly leasing options for vehicle usage
Flexible financing with variable rates for cars
Funding Insights of MeinAuto
MeinAuto has successfully raised a total of $9.08M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9.08 million completed in January 2018. 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 Series A — $9.1M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2018 | Amount | Series A - MeinAuto | Valuation | Hg |
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| Jun, 2007 | Amount | Seed - MeinAuto | Valuation | HV Capital |
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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 |
Investors in MeinAuto
MeinAuto has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Hg, Mobilize Financial Services and HV Capital. 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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Private equity investments in Europe are managed by Hg.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Association offering mobilize financial, banking, accounting, and other services
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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 MeinAuto
MeinAuto has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AutoDa and Vehiculum. 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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Online vehicle leasing and provider comparisons are enabled in real-time.
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2015 | ||||
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Online platform for used car sales in Germany
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2011 |
| 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 - MeinAuto
| 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 |
Meinauto Comparisons
Competitors of MeinAuto
MeinAuto 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, Carwow, HeyCar, AUTO1.com and InstaMotion, 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 |
Online marketplace to buy new cars
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| domain | founded_year | HQ Location |
Online B2C listing platform for used cars
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| 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 B2C marketplace for buying & selling pre-owned cars
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| domain | founded_year | HQ Location |
B2B marketplace facilitating used car transactions between licensed dealers and professional car traders
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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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Latest news on Meinauto
Frequently Asked Questions about MeinAuto
When was MeinAuto founded?
MeinAuto was founded in 2007.
Where is MeinAuto located?
MeinAuto is headquartered in Koln, Germany. It is registered at Koln, North Rhine-westphalia, Germany.
Is MeinAuto a funded company?
MeinAuto is a funded company, having raised a total of $9.08M across 2 funding rounds to date.
How many employees does MeinAuto have?
As of Dec 31, 2021, the latest employee count at MeinAuto is 197.
What does MeinAuto do?
MeinAuto was founded in 2007 in Cologne, Germany, as an online platform in the automotive sector. New vehicles from various brands are compared, and consultation services along with advice on purchases are provided. Discounts and deals are available, while leasing and financing options are facilitated. An online configurator allows specifications for engines, equipment, paint, and interiors to be set, resulting in customized pricing. Operations are centered on the domain meinauto.de.
Who are the top competitors of MeinAuto?
What products or services does MeinAuto offer?
MeinAuto offers Car Buying Platform, Leasing Service, and Vario-Finanzierung.
How many acquisitions has MeinAuto made?
Who are MeinAuto's investors?
MeinAuto has 3 investors. Key investors include Hg, Mobilize Financial Services, and HV Capital.
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