About Nettbil
Nettbil is a company based in Oslo (Norway) founded in 2017 was acquired by Schibsted Media Group in December 2019.. The company has 49 employees as of December 31, 2021. Nettbil offers products and services including Car Selling Platform and Vehicle Testing Service.
- Headquarter Oslo, Norway
- Employees 49 as on 31 Dec, 2021
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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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- Legal Name Nettbil As
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Annual Revenue
$14.85 M (USD)91as on Dec 31, 2021
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Net Profit
$-563.94 K (USD)19as on Dec 31, 2021
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EBITDA
$-982.74 K (USD)-42as on Dec 31, 2021
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Latest Funding Round
- Investors
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Employee Count
49
as on Dec 31, 2021
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Acquired by
Schibsted Media Group
(Dec 18, 2019)
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Products & Services of Nettbil
Nettbil offers a comprehensive portfolio of products and services, including Car Selling Platform and Vehicle Testing Service. 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.
Platform for auctioning used cars to dealers via bids.
Free testing and valuation for cars prior to sale.
Funding Insights of Nettbil
| 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 Nettbil
Nettbil has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Schibsted Media Group. 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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Leading Nordic news brands are operated by media house.
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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 Nettbil
| 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 - Nettbil
| 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 |
Nettbil Comparisons
Competitors of Nettbil
| 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 Nettbil
Frequently Asked Questions about Nettbil
When was Nettbil founded?
Nettbil was founded in 2017.
Where is Nettbil located?
Nettbil is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
How many employees does Nettbil have?
As of Dec 31, 2021, the latest employee count at Nettbil is 49.
What is the annual revenue of Nettbil?
Annual revenue of Nettbil is $14.85M as on Dec 31, 2021.
What does Nettbil do?
Nettbil was founded in 2017 in Oslo, Norway, operating as an online platform in the used automotive sector. Vehicles are registered by sellers, assessed for condition-based valuations, and listed for bidding by dealers. Condition reports are made available to dealers for evaluation. Fleet sales from businesses to dealers are also facilitated via the platform.
What products or services does Nettbil offer?
Nettbil offers Car Selling Platform and Vehicle Testing Service.
Who are Nettbil's investors?
Nettbil has 1 investor. Key investors include Schibsted Media Group.