Observed Signal · Jul 7, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Neutral
CarOnSale secures €70M Series C for cross-border used car trading
Berlin-based B2B marketplace CarOnSale has raised €70 million in a Series C funding round led by Northzone, with participation from existing investors HV Capital, Insight Partners, Stripes, and Creandum. The company provides a fully integrated software ecosystem for professional used car trading, connecting dealers and OEMs across borders. Services include vehicle inspections, logistics, and payment processing. CarOnSale plans to use the funds for European expansion, team growth, and further development of its digital infrastructure to enable seamless cross-border transactions. CEO Tom Krüger expressed confidence in the company's growth trajectory.
Funding round in e-commerce marketplace, limited direct impact on AdTech industry.
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Key Takeaways & Evidence Grounding
- CarOnSale raised €70 million in Series C funding.
- The round was led by Northzone.
- Existing investors HV Capital, Insight Partners, Stripes, and Creandum participated.
- CarOnSale is a Berlin-based B2B marketplace for used car trading.
- The company plans to expand across Europe and develop its digital infrastructure.
Connected Companies & Entities
4 Entities mapped“led by Northzone...”
“existing investors HV Capital...”
“existing investors Insight Partners...”
“existing investors Creandum...”
Ontology Mapping & Concepts
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