About VavaCars
VavaCars is a company based in Istanbul (Turkey) founded in 2019 by Alizay Saeed. VavaCars has raised $87 million across 2 funding rounds from investors including Vitol and Duquesne Family Office. VavaCars operates in a competitive market with competitors including Kavak, Arabam.com, Ikinciyeni, Beyaz Filo and Araba.Com, among others.
- Headquarter Istanbul, Turkey
- Founders Alizay Saeed
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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
Not available
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Total Equity Funding
$87 M (USD)
in 2 rounds
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Latest Funding Round
$37 M (USD), Series C
Sep 14, 2022
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Investors
Vitol
& 1 more
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Employee Count
Not available
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People of VavaCars
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Software Development Team
4 people
Sales and Marketing
4 people
Leadership Team
3 people
Data Analysis and Operations Team
3 people
Senior Team
3 people
Human Resources and Administration
2 people
Finance and Accounting
2 people
Customer Team
2 people
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Funding Insights of VavaCars
VavaCars has successfully raised a total of $87M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $37 million completed in September 2022. 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 VavaCars
VavaCars has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Vitol and Duquesne Family Office.
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Oil processing, storage, and shipping services are provided globally.
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Investor details for VavaCars
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Investments & Acquisitions by VavaCars
Investment portfolio details for VavaCars
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Financial Statements - VavaCars
Detailed financials for VavaCars
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Vavacars Comparisons
Peer comparison for VavaCars
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Competitors of VavaCars
VavaCars 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 Kavak, Arabam.com, Ikinciyeni, Beyaz Filo and Araba.Com, among others.
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Pre-owned cars are certified, inspected, and traded online via Kavak.
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Online listing platform of used vehicles
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Online platform for second-hand car auctions, sales, inspections, and logistics services.
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Operational leasing for vehicle fleets is offered to businesses.
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Multi-category vehicles are advertised online by individuals and traders.
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Detailed competitors of VavaCars
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Latest news on Vavacars
Complete news archive for VavaCars
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Frequently Asked Questions about VavaCars
VavaCars was founded in 2019 and raised its 1st funding round 2 years after it was founded.
VavaCars is headquartered in Istanbul, Turkey.
VavaCars is a funded company, having raised a total of $87M across 2 funding rounds to date.
VavaCars was founded in 2019 in Istanbul, Turkey, as an online peer-to-peer platform in the automotive sector. Cars are listed by sellers who provide vehicle details, contact information, and other specifics. Buyers are enabled to search for vehicles based on models, preferences, and features, with options to reserve them directly via the platform. Operations focus on facilitating transactions between individuals in the used car market.
VavaCars's top competitors include Kavak, Araba.Com and Arabam.com.
VavaCars has 2 investors. Key investors include Vitol, and Duquesne Family Office.