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Synopsis
Northzone, a venture capital fund, led a €70m Series C round in CarOnSale, an online B2B auction-based platform for used vehicles, with participation from HV Capital, Insight Partners, Stripes and Creandum. "This Series C is a major milestone for CarOnSale and a strong signal of trust in our business model and team. We would like to thank Northzone, HV Capital, and our existing investors for their support and shared confidence. With this strong backing, we now have the perfect foundation to accelerate our growth across Europe even faster," Tom Krüger, CarOnSale CEO and Co-Founder.
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