About Spotawheel
Spotawheel is a company based in Athens (Greece) founded in 2015 by Charis Arvanitis and Kiriakos Agadakos. Spotawheel has raised $480.37 million across 8 funding rounds from investors including Adevinta, FJ Labs and Velocity Partners. Spotawheel offers products and services including Used Cars Platform and Inspection Service. Spotawheel operates in a competitive market with competitors including AUTO1.com, OTOMOTO, Autovit.ro, Bestauto and CarZZ, among others.
- Headquarter Athens, Greece
- Founders Charis Arvanitis, Kiriakos Agadakos
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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
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$480.37 M (USD)
in 8 rounds
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Latest Funding Round
Not available
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Investors
Adevinta
& 10 more
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Employee Count
Not available
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Products & Services of Spotawheel
Spotawheel offers a comprehensive portfolio of products and services, including Used Cars Platform and Inspection Service.
Online service for buying pre-inspected used cars with home delivery options.
Detailed mechanical inspections ensuring accident-free and reliable cars.
People of Spotawheel
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Funding Insights of Spotawheel
Spotawheel has successfully raised a total of $480.37M across 8 strategic funding rounds. 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.
Investors in Spotawheel
Spotawheel has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Adevinta, FJ Labs and Velocity Partners.
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Investments are made in proptech, fintech, SaaS, and multiple sectors.
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Venture capital firm focused on fintech, insurance tech, digital health, and mobility verticals
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Early-stage technology ventures are supported by Collective Spark.
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Investor details for Spotawheel
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Investments & Acquisitions by Spotawheel
Investment portfolio details for Spotawheel
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Financial Statements - Spotawheel
Detailed financials for Spotawheel
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Spotawheel Comparisons
Peer comparison for Spotawheel
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Competitors of Spotawheel
Spotawheel 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, OTOMOTO, Autovit.ro, Bestauto and CarZZ, among others.
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AUTO1.com is recognized as Europe’s largest wholesale platform for used cars.
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Multi-category vehicles are listed on an app-based platform.
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Online platform to buy/sell auto vehicles from dealers
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Functions as an app-based platform for listing and buying used vehicles.
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Provides an online platform for automotive listings and sales.
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Detailed competitors of Spotawheel
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Latest news on Spotawheel
Complete news archive for Spotawheel
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Frequently Asked Questions about Spotawheel
Spotawheel was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Spotawheel is headquartered in Athens, Greece.
Charis Arvanitis is the current CEO of Spotawheel. They have also founded this company.
Spotawheel is a funded company, having raised a total of $480.37M across 8 funding rounds to date.
Spotawheel was founded in 2015 in Athens, Greece, as an online dealer in the used car sector. The buying and selling process is redesigned to include car valuation and customer satisfaction features. Operations encompass online showrooms where inspected vehicles are listed, alongside doorstep delivery and warranty services. Buyers are enabled to search for cars, schedule test drives, and complete purchases digitally within the Greek market.
Spotawheel's top competitors include AUTO1.com, OTOMOTO and Autovit.ro.
Spotawheel offers Used Cars Platform and Inspection Service.
Spotawheel has 11 investors. Key investors include Adevinta, FJ Labs, Velocity Partners, Collective Spark, and Venture Friends.