CarOnSale

CarOnSale operates a B2B platform for trading used cars between licensed dealers, dealer groups, OEMs and fleets in Europe. The site describes online auctions, pricing algorithms, guaranteed minimum prices, standardized 110-point vehicle condition reports, financing, and transport and payment fulfilment.

Sellers are licensed dealer groups, OEMs and fleets that consign vehicles, and buyers are professional car dealers. The site references transaction fees charged on the marketplace. Legal entity is Castle Tech GmbH.

The company was founded in 2018 and moved from Nürnberg to Berlin in 2019, with a later office in Munich mentioned on the site. It reports a seed round in 2019 led by CREANDUM and a Series A in 2020 led by Insight Partners. The site states about 1.3M vehicles processed and about 130k auctioned per year, and about 40,000 dealers. Current job postings cover engineering, sales, operations and internships, mainly in Berlin, Munich and Hamburg, with some roles in Brazil.

Product: B2B online used-car auction and marketplace platform with pricing, condition reports, financing and fulfilment services.