Announced
Completed
Financials
Sources
Tags
Private
Germany
Completed
Private Equity
Acquisition
car platform
Cross Border
Friendly
Venture Capital
Online and Social Platforms
Minority
Single Bidder
Synopsis
Insight Partners, a venture capital and private equity firm, led a $18m financing round in CarOnSale, an online B2B auction-based platform for used vehicles. CarOnSale, founded in 2018 by Tekin Has, Tom Krüger, Fabian Roth and Oguz Özgüler, developed digital service throughout which the car dealerships can market their vehicles and sell them to car dealers. CarOnSale previously raised seed funding from Creandum in 2019.
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