FJ Labs

FJ Labs, established in 2015 and headquartered in New York, is a stage-agnostic investment firm focusing on marketplaces and consumer-facing startups. It invests in seed and series A rounds, with a typical investment range of $50,000 to $5,000,000. The firm's portfolio includes notable companies such as Alibaba Group, Beepi, BrightRoll, Betterment, Adore Me, and Earnest, spanning sectors like e-commerce, fintech, and ad tech.

Matias Barbero

Venture Capital

Zineb Belghiti

Operations Associate

William Guillouard

Operating Partner

Arne Halleraker

Partner

Christopher Keshian

Investor

Ariel Lebowits

CFO

Jose Marin

Founding Partner

Güimar Vaca Sittic

Venture Partner

Jeff Weinstein

Partner

Past deals in Automotive

Amicco

Seed Round in 2025
Amicco a vertical B2B marketplace, offers a first-of-its-kind platform that simplifies spare parts sourcing for garages.

Clutch

Series D in 2025
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Clutch

Convertible Note in 2024
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Caramel

Series A in 2024
Caramel is an online platform designed to simplify and secure the buying and selling of cars, catering primarily to private party transactions and independent dealers. The platform offers a comprehensive range of services, including verification of vehicles, ownership transfer, payment processing, auto financing, vehicle protection, insurance, and delivery options. By streamlining these processes, Caramel enables buyers and sellers to engage in efficient digital transactions while ensuring safety and transparency in car sales.

Papaya

Seed Round in 2024
Papaya specializes in a vehicle management system tailored for electric vehicles, facilitating efficient sourcing, operation, and management of fleets. Its platform features a comprehensive dashboard that offers an overview of fleet location and availability, enhancing decision-making for fleet managers. By streamlining communication and automating workflows, Papaya connects fleet operators with their service providers, regardless of vehicle type or service provider. This integration allows for improved vehicle uptime and utilization, ultimately enabling better management of resources across various hubs and service providers.

InstaCarro

Venture Round in 2024
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

InstaCarro

Convertible Note in 2024
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

VULCAN ELEMENTS

Seed Round in 2023
VULCAN ELEMENTS is changing the way to electrify aerospace, defense, and auto with decarbonization.

Nexu

Series B in 2023
Nexu operates a digital financing platform tailored for car dealerships. It employs artificial intelligence and automated statistical algorithms to facilitate real-time, paperless automotive loans for customers. The platform connects individuals seeking credit with financial institutions, streamlining the loan search process and enabling users to review offers at no cost.

Spotawheel

Venture Round in 2023
Spotawheel is a tech-driven used car dealership founded in 2015 and headquartered in Nea Ionia, Greece. The company operates an online platform aimed at enhancing transparency in the second-hand car market, currently serving customers in Greece and Poland. Spotawheel offers a comprehensive inventory of fully inspected used cars available for sale or subscription leasing. The platform utilizes predictive analytics to monitor and report on vehicle conditions, ensuring customer trust and informed purchasing decisions. Additionally, Spotawheel provides a variety of add-on services, including financing, insurance, warranties, and after-sales support, facilitating a seamless experience for those looking to buy functioning automobiles.

Clutch

Series C in 2023
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Meru

Pre Seed Round in 2023
Our objective is to develop into the region's one-stop store for automotive components. By gathering demand and linking all players throughout the supply chain, including producers, distributors, wholesalers, retailers, service providers, and customers, we are digitizing the automobile aftermarket sector in Latin America. Meru was established in 2020 in Mexico City, Distrito Federal.

Mecanizou

Series A in 2023
Mecanizou is a distributor of automobile parts that focuses on enhancing the digitalization of the automotive aftermarket industry. The company provides a comprehensive online platform that connects local repair shops with essential services and tools, facilitating access to a wide range of products including filters, lubricants, scanners, belts, cooling systems, braking components, and batteries. By centralizing information from the entire supply chain, Mecanizou enables mechanics and car owners to efficiently identify the correct parts, thereby reducing costs and minimizing waste associated with incorrect orders. Additionally, the platform offers financial support and data intelligence services, further empowering users in their automotive needs.

Mecanizou

Pre Seed Round in 2022
Mecanizou is a distributor of automobile parts that focuses on enhancing the digitalization of the automotive aftermarket industry. The company provides a comprehensive online platform that connects local repair shops with essential services and tools, facilitating access to a wide range of products including filters, lubricants, scanners, belts, cooling systems, braking components, and batteries. By centralizing information from the entire supply chain, Mecanizou enables mechanics and car owners to efficiently identify the correct parts, thereby reducing costs and minimizing waste associated with incorrect orders. Additionally, the platform offers financial support and data intelligence services, further empowering users in their automotive needs.

Gauge

Seed Round in 2022
Gauge provides an online automotive marketplace intended to simplify the sale of a used vehicle. It enables owners to book an appointment for inspection, prices vehicles based on AI algorithms and uses data to determine which car would give the new owner less trouble.

Kyte

Series B in 2022
Kyte is a technology and operations company founded in San Francisco in 2019 by Francesco Wiedemann, Ludwig Schoenack, and Nikolaus Volk. The company specializes in providing on-demand car rentals, delivering vehicles directly to customers' locations for various durations, ranging from a day to several months. Operating in over ten cities across the United States, Kyte is rapidly expanding its services. The platform not only facilitates convenient car delivery but also includes additional offerings such as car cleaning and refueling, allowing customers to enjoy the benefits of transportation without the commitment of owning a personal vehicle.

Papaya

Seed Round in 2022
Papaya specializes in a vehicle management system tailored for electric vehicles, facilitating efficient sourcing, operation, and management of fleets. Its platform features a comprehensive dashboard that offers an overview of fleet location and availability, enhancing decision-making for fleet managers. By streamlining communication and automating workflows, Papaya connects fleet operators with their service providers, regardless of vehicle type or service provider. This integration allows for improved vehicle uptime and utilization, ultimately enabling better management of resources across various hubs and service providers.

Upfront

Seed Round in 2022
Upfront is a FinTech startup founded in 2021 and headquartered in New York. The company specializes in financial advisory services focused on refinancing auto loans. It aims to address financial inequality by helping customers secure competitive interest rates and favorable monthly payments for their car loans. By providing tailored refinancing options, Upfront enables individuals to reduce their interest rates and manage their repayment plans more flexibly, ultimately allowing them to pay fair amounts on their loans.

InstaCarro

Seed Round in 2022
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

Spotawheel

Series B in 2022
Spotawheel is a tech-driven used car dealership founded in 2015 and headquartered in Nea Ionia, Greece. The company operates an online platform aimed at enhancing transparency in the second-hand car market, currently serving customers in Greece and Poland. Spotawheel offers a comprehensive inventory of fully inspected used cars available for sale or subscription leasing. The platform utilizes predictive analytics to monitor and report on vehicle conditions, ensuring customer trust and informed purchasing decisions. Additionally, Spotawheel provides a variety of add-on services, including financing, insurance, warranties, and after-sales support, facilitating a seamless experience for those looking to buy functioning automobiles.

Nexu

Series A in 2022
Nexu operates a digital financing platform tailored for car dealerships. It employs artificial intelligence and automated statistical algorithms to facilitate real-time, paperless automotive loans for customers. The platform connects individuals seeking credit with financial institutions, streamlining the loan search process and enabling users to review offers at no cost.

Caramel

Seed Round in 2021
Caramel is an online platform designed to simplify and secure the buying and selling of cars, catering primarily to private party transactions and independent dealers. The platform offers a comprehensive range of services, including verification of vehicles, ownership transfer, payment processing, auto financing, vehicle protection, insurance, and delivery options. By streamlining these processes, Caramel enables buyers and sellers to engage in efficient digital transactions while ensuring safety and transparency in car sales.

Clutch

Series B in 2021
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Alephee

Pre Seed Round in 2021
Aleph is a company that provides a cloud-based platform designed to streamline e-commerce operations for brands, particularly in the Aftermarket Automotive industry. By enabling brands to connect with resellers, Aleph offers a centralized solution that standardizes distributor catalogs and facilitates inventory sharing across multiple online marketplaces, including Mercado Libre, Amazon, and Shopee. This integration allows companies to optimize logistics costs, enhance visibility into their online sales, and improve market share. The platform automates the supply process and ensures that stock levels and pricing are updated in real-time, thereby supporting businesses in maximizing revenue through efficient e-commerce practices.

InstaCarro

Series B in 2021
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

Spinny

Series D in 2021
Spinny is a technology-driven platform focused on the buying and selling of used cars, founded in 2015 and headquartered in Gurgaon, Haryana, India. The company aims to simplify the used car market by providing a trustworthy and hassle-free transaction experience. Spinny operates on a full-stack business model, ensuring value and transparency for its customers. Its platform features a selection of handpicked pre-owned vehicles, complete with detailed information, test drive options, and a five-day money-back guarantee. This approach allows car owners to list their vehicles while enabling potential buyers to navigate the purchasing process with ease and confidence.

Auro Travel

Convertible Note in 2021
Auro Travel is the largest provider of private vehicle services in Spain, specializing in offering a car service with a driver that is legal, professional, and discreet. The company focuses on delivering a personalized experience, adapting to the unique needs of each client. Auro Travel operates a ride-hailing platform that facilitates comfortable and reliable transportation for individuals, as well as tailored services for businesses and special events. Clients can conveniently book rides through an online tool or mobile application, ensuring affordable and accessible transportation options. With a commitment to professionalism and discretion, Auro Travel guarantees a seamless and satisfactory service.

OpenSooq

Venture Round in 2021
OpenSooq is an online classified platform that facilitates the trade of property, cars, products, and services across the Middle East and North Africa region. It enables sellers to list their offerings directly to millions of users without the need for intermediaries, fostering a direct connection between buyers and sellers. The platform features a diverse range of categories, including automotive, real estate, and electronics, allowing users to easily browse and access a variety of goods and services. By aggregating multiple marketplace offerings, OpenSooq enhances the user experience, making it straightforward for individuals to engage in commerce within their local communities.

Nextcar

Pre Seed Round in 2021
NextCar provides car rentals. It has small, mid-sized, and full-size cars, SUVs, waggons, vans, and other vehicles. Outside of the main areas, they offer pick-up service.

Clutch

Series A in 2021
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Kyte

Seed Round in 2021
Kyte is a technology and operations company founded in San Francisco in 2019 by Francesco Wiedemann, Ludwig Schoenack, and Nikolaus Volk. The company specializes in providing on-demand car rentals, delivering vehicles directly to customers' locations for various durations, ranging from a day to several months. Operating in over ten cities across the United States, Kyte is rapidly expanding its services. The platform not only facilitates convenient car delivery but also includes additional offerings such as car cleaning and refueling, allowing customers to enjoy the benefits of transportation without the commitment of owning a personal vehicle.

CarOnSale

Series A in 2020
CarOnSale is a digital marketplace designed to facilitate the buying and selling of used cars. The company specializes in providing a comprehensive car auction platform that streamlines the lease-return and trade-in processes for vehicles. By serving as an intermediary between car dealerships and traders, CarOnSale offers a full-stack solution that includes pricing, auction services, logistics, and financial technology products. The platform is focused on simplifying the vehicle remarketing operations, ensuring that clients receive detailed vehicle descriptions and condition reports to enhance the marketing of used cars. Through its personalized approach, CarOnSale aims to make the trading of used vehicles both convenient and profitable for its customers.

Vamos

Seed Round in 2020
Vamos Motor Company, S.L. is an online car rental service founded in 2019 and based in Madrid, Spain. The company aims to transform the traditional car ownership experience by leveraging technology and prioritizing customer satisfaction. Vamos offers a platform that allows consumers to rent vehicles online, providing home delivery and a fixed monthly fee that covers all maintenance costs. This model facilitates a convenient car-as-a-service experience for both consumers and sellers, streamlining the process of accessing vehicles without the burdens of ownership.

Spotawheel

Venture Round in 2020
Spotawheel is a tech-driven used car dealership founded in 2015 and headquartered in Nea Ionia, Greece. The company operates an online platform aimed at enhancing transparency in the second-hand car market, currently serving customers in Greece and Poland. Spotawheel offers a comprehensive inventory of fully inspected used cars available for sale or subscription leasing. The platform utilizes predictive analytics to monitor and report on vehicle conditions, ensuring customer trust and informed purchasing decisions. Additionally, Spotawheel provides a variety of add-on services, including financing, insurance, warranties, and after-sales support, facilitating a seamless experience for those looking to buy functioning automobiles.

InstaCarro

Series A in 2020
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

Auro Travel

Series A in 2020
Auro Travel is the largest provider of private vehicle services in Spain, specializing in offering a car service with a driver that is legal, professional, and discreet. The company focuses on delivering a personalized experience, adapting to the unique needs of each client. Auro Travel operates a ride-hailing platform that facilitates comfortable and reliable transportation for individuals, as well as tailored services for businesses and special events. Clients can conveniently book rides through an online tool or mobile application, ensuring affordable and accessible transportation options. With a commitment to professionalism and discretion, Auro Travel guarantees a seamless and satisfactory service.

Clutch

Seed Round in 2020
Clutch is a technology company focused on transforming the car buying experience by offering a fully online platform for purchasing high-quality certified vehicles. Through its website, customers can easily browse a diverse inventory of second-hand cars, select their preferred vehicle, and benefit from convenient at-home delivery. By eliminating traditional showrooms and commissioned salespeople, Clutch simplifies the purchasing process and provides competitive pricing. The company aims to enhance customer satisfaction by delivering a seamless and enjoyable car buying journey while also positively impacting the communities it serves.

Spotawheel

Series A in 2020
Spotawheel is a tech-driven used car dealership founded in 2015 and headquartered in Nea Ionia, Greece. The company operates an online platform aimed at enhancing transparency in the second-hand car market, currently serving customers in Greece and Poland. Spotawheel offers a comprehensive inventory of fully inspected used cars available for sale or subscription leasing. The platform utilizes predictive analytics to monitor and report on vehicle conditions, ensuring customer trust and informed purchasing decisions. Additionally, Spotawheel provides a variety of add-on services, including financing, insurance, warranties, and after-sales support, facilitating a seamless experience for those looking to buy functioning automobiles.

Auro Travel

Venture Round in 2019
Auro Travel is the largest provider of private vehicle services in Spain, specializing in offering a car service with a driver that is legal, professional, and discreet. The company focuses on delivering a personalized experience, adapting to the unique needs of each client. Auro Travel operates a ride-hailing platform that facilitates comfortable and reliable transportation for individuals, as well as tailored services for businesses and special events. Clients can conveniently book rides through an online tool or mobile application, ensuring affordable and accessible transportation options. With a commitment to professionalism and discretion, Auro Travel guarantees a seamless and satisfactory service.

InstaCarro

Series A in 2019
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

Parts Market

Seed Round in 2019
Parts Market is an online marketplace that specializes in connecting automotive professionals and private buyers with licensed auto dismantlers to source high-quality used and remanufactured OEM parts. The platform facilitates transactions between body shops, mechanics, and dismantlers, ensuring a standardized service and warranty experience. By focusing on reliability and customer service, Parts Market enables its users to access competitively priced automotive parts while promoting sustainability through the reuse of automotive components.

Alephee

Seed Round in 2019
Aleph is a company that provides a cloud-based platform designed to streamline e-commerce operations for brands, particularly in the Aftermarket Automotive industry. By enabling brands to connect with resellers, Aleph offers a centralized solution that standardizes distributor catalogs and facilitates inventory sharing across multiple online marketplaces, including Mercado Libre, Amazon, and Shopee. This integration allows companies to optimize logistics costs, enhance visibility into their online sales, and improve market share. The platform automates the supply process and ensures that stock levels and pricing are updated in real-time, thereby supporting businesses in maximizing revenue through efficient e-commerce practices.

InstaCarro

Series A in 2018
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

InstaCarro

Series A in 2017
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

Fair

Seed Round in 2017
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.

Instamotor

Seed Round in 2017
Instamotor is a mobile marketplace designed for buying and selling used cars, prioritizing safety and transparency in private-party transactions. The platform allows users to list, browse, and complete transactions without any associated fees. To enhance security, Instamotor pre-screens each vehicle to minimize the risk of fraud and protect buyers from scams. Additionally, the company offers integrated financing options for customers with varying credit profiles, providing real-time credit prequalification and fixed pricing. This approach simplifies the vehicle purchasing process, enabling buyers to access personalized monthly and down payment plans while avoiding the lengthy experience typically associated with dealerships.

OpenSooq

Seed Round in 2017
OpenSooq is an online classified platform that facilitates the trade of property, cars, products, and services across the Middle East and North Africa region. It enables sellers to list their offerings directly to millions of users without the need for intermediaries, fostering a direct connection between buyers and sellers. The platform features a diverse range of categories, including automotive, real estate, and electronics, allowing users to easily browse and access a variety of goods and services. By aggregating multiple marketplace offerings, OpenSooq enhances the user experience, making it straightforward for individuals to engage in commerce within their local communities.

caroobi

Series A in 2017
Caroobi GmbH, established in 2015 and headquartered in Berlin, Germany, operates as an integrated marketplace for automotive aftersales services. The company specializes in streamlining the repair experience for customers by offering a wide range of car repair services and replacement parts through its network of workshops. These services include transmission repair, engine and cylinder head gasket replacement, motor services, inspection and quality checks, gear repair, turbocharger and coupling changes, timing belt and chain replacement, and car wrapping. Caroobi also provides auto parts such as engine exchange parts, transmission replacement parts, and turbocharger exchange parts. The company's platform enables users to book these services at transparent and fixed prices, aiming to revolutionize the automotive aftersales industry across Europe and beyond. As of June 15, 2020, Caroobi operates as a subsidiary of Deutsches Werkstattnetz GmbH.

ServX

Convertible Note in 2017
ServX is an Indian network of automobile workshops that simplifies the maintenance experience for vehicle owners. It helps users identify and select the most suitable authorized service providers in their vicinity. The platform facilitates the entire process, allowing customers to book appointments and track the maintenance status in real time. By connecting automobile owners with reliable workshops, ServX aims to enhance convenience and ensure quality service in vehicle maintenance.

Bulk MRO Industrial Supply

Seed Round in 2017
Bulk MRO Industrial Supply Pvt. Ltd. is a Mumbai-based distributor of maintenance, repair, and operations products. Established in 2016, the company offers a wide range of items including abrasives, adhesives, cleaning equipment, electrical and electronic products, fasteners, hand tools, and safety products. Serving various sectors such as automobile, chemical, FMCG, hospitality, manufacturing, mining, oil and gas, pharmaceuticals, and power, Bulk MRO acts as a global B2B platform for large corporations and government customers across North America, Europe, India, the Middle East, and Africa. The company positions itself as a one-stop shop for millions of products sourced from thousands of manufacturers.

Fair

Seed Round in 2017
Fair is a car leasing company headquartered in Santa Monica, California, founded in 2016. The company has developed a mobile application that facilitates vehicle leasing services, allowing users to shop for, get approved for, and pay for a car directly from their smartphones using only a driver's license and a bank account. Fair's platform offers customers the flexibility to choose their desired vehicle, select mileage options, and manage payments all within the app. This innovative approach embodies the car-as-a-service (CaaS) model, providing individuals with the freedom to drive the car they want for as long as they wish, while also allowing them the option to return the vehicle at any time without the long-term commitments typically associated with traditional vehicle financing or leasing.

OpenSooq

Convertible Note in 2016
OpenSooq is an online classified platform that facilitates the trade of property, cars, products, and services across the Middle East and North Africa region. It enables sellers to list their offerings directly to millions of users without the need for intermediaries, fostering a direct connection between buyers and sellers. The platform features a diverse range of categories, including automotive, real estate, and electronics, allowing users to easily browse and access a variety of goods and services. By aggregating multiple marketplace offerings, OpenSooq enhances the user experience, making it straightforward for individuals to engage in commerce within their local communities.

InstaCarro

Seed Round in 2016
InstaCarro is an online platform based in São Paulo, Brazil, that facilitates the buying and selling of used cars. Established in July 2015 by Diego Fischer and Luca Cafici, the company provides individuals looking to sell their vehicles with the convenience of online quotes, competitive pricing, and immediate payment following inspection. For buyers, InstaCarro offers access to a comprehensive inventory of previously inspected cars, ensuring transparency through detailed photos and condition reports. Additionally, the platform guarantees an immediate return if a purchased vehicle does not meet the described conditions, thereby enhancing consumer confidence and enabling more affordable options in the used car market.

caroobi

Seed Round in 2016
Caroobi GmbH, established in 2015 and headquartered in Berlin, Germany, operates as an integrated marketplace for automotive aftersales services. The company specializes in streamlining the repair experience for customers by offering a wide range of car repair services and replacement parts through its network of workshops. These services include transmission repair, engine and cylinder head gasket replacement, motor services, inspection and quality checks, gear repair, turbocharger and coupling changes, timing belt and chain replacement, and car wrapping. Caroobi also provides auto parts such as engine exchange parts, transmission replacement parts, and turbocharger exchange parts. The company's platform enables users to book these services at transparent and fixed prices, aiming to revolutionize the automotive aftersales industry across Europe and beyond. As of June 15, 2020, Caroobi operates as a subsidiary of Deutsches Werkstattnetz GmbH.

Panjo

Series A in 2015
Panjo operates as a global online marketplace dedicated to connecting enthusiasts of automobiles, sports, and hobbies. It caters to the underserved market of approximately 350 million worldwide enthusiasts who annually spend around $15 billion on products, parts, and accessories within their respective communities. Panjo aims to streamline this process by providing a secure, efficient platform for peer-to-peer transactions, reducing administrative overhead and eliminating traditional hassles associated with such exchanges.

AutoFi

Seed Round in 2015
AutoFi, Inc. is a San Francisco-based company that operates an online auto finance platform aimed at simplifying the vehicle purchasing and financing process for consumers. Founded in 2015, AutoFi provides an e-commerce software solution that enables first-time car buyers to complete the entire car buying experience online. The platform seamlessly connects customers of auto dealerships to a network of lenders, allowing for an automated application and approval process. Users can select financing and leasing terms, estimate trade-in values, choose rebates, and schedule appointments, all within a mobile-first environment. By delivering instant, customized financing decisions, AutoFi enhances the vehicle buying experience, making it efficient and hassle-free for consumers.

Breeze

Seed Round in 2014
Breeze Labs, Inc. is an online platform that allows users to earn income through on-demand car services. Founded in 2013 and based in San Francisco, the company initially focused on providing fleet management technology to modernize car ownership, making it more flexible and accessible. Although Breeze launched its services in 2014 and expanded its operations to several major cities, including Los Angeles, Seattle, Chicago, Washington, and Boston, it suspended operations as of July 2016 and is no longer accepting new customers for its leasing platform.

Roadster

Seed Round in 2014
Roadster is a developer of an automotive e-commerce platform designed to streamline the car buying process for modern dealerships. Its proprietary technology enables dealerships to create digital storefronts that integrate online and in-store experiences. By providing real-time access to car pricing, trade-in values, and payment options, Roadster facilitates a hassle-free buying experience for consumers. The platform enhances customer satisfaction and improves sales close rates while significantly reducing the time required for the sales process. Additionally, Roadster offers solutions for inventory merchandising, financing, leasing, incentives, trade-ins, service plans, and accessories, positioning itself as a comprehensive commerce solution for automotive dealers.

Parts Market

Seed Round in 2014
Parts Market is an online marketplace that specializes in connecting automotive professionals and private buyers with licensed auto dismantlers to source high-quality used and remanufactured OEM parts. The platform facilitates transactions between body shops, mechanics, and dismantlers, ensuring a standardized service and warranty experience. By focusing on reliability and customer service, Parts Market enables its users to access competitively priced automotive parts while promoting sustainability through the reuse of automotive components.

Wunder Mobility

Seed Round in 2013
Wunder Mobility is a provider of software and hardware solutions focused on vehicle sharing and carpooling. The company offers a highly customizable software platform that facilitates vehicle sharing, enabling users to access transportation options efficiently. Additionally, Wunder Mobility has developed a sharing-ready vehicle program through collaborations with manufacturers. The platform also includes community-based services that assist commuters in booking available seats in neighbors' cars, aiming to reduce traffic congestion. This service allows passengers to obtain rides at a cost comparable to public transportation while enabling drivers to recoup expenses associated with their trips. Overall, Wunder Mobility is dedicated to enhancing shared mobility solutions.
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