About Spotawheel
Spotawheel is a Transportation, Automotive & Logistics company based in Athens (Greece) founded in 2015 by Charis Arvanitis and Kiriakos Agadakos. Used cars are sold online with inspection and delivery options. Spotawheel has raised $480.37 million across 8 funding rounds from investors including Adevinta, FJ Labs and Velocity Partners. Its chief executive, as recorded, is Charis Arvanitis. Spotawheel offers products and services including Used Cars Platform and Inspection Service. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars.
Company details
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.
- Total Equity Funding$480.37M (USD)
in 8 rounds
- InvestorsAdevinta
& 10 more
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.
Apps and channels of Spotawheel
its YouTube channel Spotawheel Romania has 837 subscribers and 30 videos.
Videos from Spotawheel
The most watched videos on Spotawheel's YouTube channel, Spotawheel Romania (837 subscribers). Click a video to play it here.
More on Spotawheel Romania.
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.
- Total Funding $480.37M
- Total Rounds 8
- First Round $332,131
(Jun 2016)
- Investors Count 11
All 8 funding rounds of Spotawheel with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2025 | Debt – Conventional | – | – | ||
| Nov 2025 | $344.58M | Series C | – | – | – |
| Apr 2022 | $118.12M | Series B | – | Adevinta, UNIQA Ventures | |
| Apr 2022 | Debt – Conventional | – | – | – | |
| Sep 2020 | Debt – Conventional | – | – | – | |
| Sep 2020 | $11.86M | Series B | – | Venture Friends, FJ Labs | |
| Sep 2019 | $5.48M | Series A | – | Venture Friends, Velocity Partners | – |
| Jun 2016 | $332,131 | Seed | – | Venture Friends |
11 investors in total: 10 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in proptech, fintech, SaaS, and multiple sectors. | venturefriends.vc | Athens, Greece | ||
Venture capital firm focused on fintech, insurance tech, digital health, and mobility verticals | uniqaventures.com | Wiener Neustadt, Austria | ||
Early-stage technology ventures are supported by Collective Spark. | 2013 | collectivespark.com | Istanbul, Turkey | |
Endeavor is focused on supporting high-impact entrepreneurs globally. | endeavor.org | New York, United States | ||
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors | 2007 | fjlabs.com | New York, United States | |
Rockaway Capital is recognized as a trusted European investment group. | rockawaycapital.com | Prague, Czech Republic | ||
Velocity.Partners is focused on venture capital investments for Greek entrepreneurs. | velocitypartners.vc | Greece | ||
Private equity firm focused on multiple sectors | pollenstreetgroup.com | |||
Multi-category second-hand products are traded via an online P2P marketplace. | 2019 | adevinta.com | Oslo, Norway | |
Velocity Partners is recognized as a B2B marketing agency. | 2002 | velocitypartners.com | New York, United States |
Investor details for Spotawheel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Spotawheel
21 people are tracked at Spotawheel (8 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Charis Arvanitis | Co-Founder & CEO | Leadership |
Kiriakos Agadakos | Co-Founder & VP of Marketing | Leadership |
Babis Konstantinidis | Director of Business Intelligence | Leadership |
Nikos Vavoulas | CTO | Leadership |
Charalampos Konstantinidis | Director Of Business Intelligence | Leadership |
Renos Kattorits | Chief Marketing Officer | Leadership |
Aris Papanearchou | Chief Financial Officer | Leadership |
Ioannis Magkafosis | Head Of Talent Ops | Leadership |
Eleanna Thoma | Customer Experience & Operations Manager | Team |
Katerina Paschou | Marketing Manager | Team |
Antonia Pavlovici | Tele-Sales Representative | Team |
Alina Berca | Delivery Coordinator | Team |
Ciprian Georgescu | Tele-Sales Representative | Team |
Artur Tomczynski | Purchasing Manager | Team |
Marga Moise | Accountant | Team |
Labros Argyrakis | Product Delivery Manager | Team |
Christos Xanthakis | Scrum Master | Team |
Andreas Patsios | Accountant | Team |
Evangelos Mitsianis | Lead Machine Learning Engineer | Team |
Lamprina Kafritsa | HR Operations Specialist | Team |
1 more people are available in the full profile.
Complete people profiles for Spotawheel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Spotawheel
3 dated milestones of Spotawheel across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Spotawheel is founded.
- Funding First funding round of $332K.
- Funding Latest funding round, Debt – Conventional,.
Web traffic of Spotawheel
The website of Spotawheel (spotawheel.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▲ 12.1% vs previous month
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Related news about 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 CEO of Spotawheel, as recorded in our data. They have also founded this company.
Spotawheel is a funded company, having raised a total of $480.37M across 8 funding rounds to date. The company's 1st funding round was a Seed of $332.13K, raised on Jun 2016.
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 offers Used Cars Platform and Inspection Service.
Spotawheel has 11 investors. Key investors include Adevinta, FJ Labs, Velocity Partners, Collective Spark, and Venture Friends.