About Norauto
Norauto is a company based in Adrogue (Argentina) founded in 1970 by Eric Derville was acquired by Stellantis in July 2023. It operates as a Direct-to-Consumer (D2C). Norauto offers products and services including Tires, Batteries, and Lubrication Services. Norauto operates in a competitive market with competitors including Autominuto, Lubricentro Artigas, Indianapolis, Forest Car and GRANICH TRANSMISSIONS, among others.
- Headquarter Adrogue, Argentina
- Founders Eric Derville
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Stellantis
(Jul 05, 2023)
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Products & Services of Norauto
Norauto offers a comprehensive portfolio of products and services, including Tires, Batteries, and Lubrication 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.
Tires for vehicles are sold and installed by Norauto.
Car batteries are provided for various vehicle models.
Lubrication services are offered for vehicle maintenance needs.
Funding Insights of Norauto
| 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 Norauto
Norauto has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Stellantis. 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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Commercial vehicles, SUVs, and automobiles are manufactured globally.
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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 Norauto
| 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 - Norauto
| 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 |
Norauto Comparisons
Competitors of Norauto
Norauto 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 Autominuto, Lubricentro Artigas, Indianapolis, Forest Car and GRANICH TRANSMISSIONS, 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 |
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| domain | founded_year | HQ Location |
App-based automotive garage aggregator
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| domain | founded_year | HQ Location |
Offers vehicle lubrication, maintenance, and control services in Buenos Aires.
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| domain | founded_year | HQ Location |
Sells automotive parts and provides maintenance services for vehicles.
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| domain | founded_year | HQ Location |
Provides sales, test drives, and after-sales services for Chevrolet vehicles.
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| domain | founded_year | HQ Location |
Repairs and reconstructs automatic transmissions for buses, trucks, and machinery.
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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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Latest news on Norauto
Frequently Asked Questions about Norauto
When was Norauto founded?
Norauto was founded in 1970.
Where is Norauto located?
Norauto is headquartered in Adrogue, Argentina. It is registered at Adrogue, Buenos Aires, Argentina.
Who is the current CEO of Norauto?
Mariano Perez Mateos is the current CEO of Norauto.
What does Norauto do?
Norauto is involved in the retail of automotive products and services, focusing on tires, batteries, and lubrication solutions. The company operates in the automotive sector, providing accessories, vehicle safety products, and spare parts. Customers are served through an online platform and physical locations in Argentina, with a range of vehicle maintenance and enhancement solutions offered.
Who are the top competitors of Norauto?
Norauto's top competitors include Autominuto, Lubricentro Artigas and Indianapolis.
What products or services does Norauto offer?
Norauto offers Tires, Batteries, and Lubrication Services.
Who are Norauto's investors?
Norauto has 1 investor. Key investors include Stellantis.