AutoSpot is an online automotive service platform based in Moscow, Russia, that facilitates the purchase of new cars by connecting customers directly with authorized dealers. Founded in 2013, the company operates a reverse marketplace model, aggregating offers from over 410 official dealers and enabling users to compare prices, access real-time information, and shop for vehicles without the need for traditional bargaining. This model enhances transparency in the car-buying process, allowing consumers to find better deals and special financing options, including auto loans and insurance. AutoSpot has established a significant presence in the online car sales market in Russia, holding an estimated 20.5% share of online sales and approximately 5.1% of total car sales by 2022, with monthly sales of around 1,000 new automobiles. The company continues to enhance its platform, making it more scalable and feature-rich to meet the needs of its customers.
AutoSpot
Seed Round in 2016
AutoSpot is an online automotive service platform based in Moscow, Russia, that facilitates the purchase of new cars by connecting customers directly with authorized dealers. Founded in 2013, the company operates a reverse marketplace model, aggregating offers from over 410 official dealers and enabling users to compare prices, access real-time information, and shop for vehicles without the need for traditional bargaining. This model enhances transparency in the car-buying process, allowing consumers to find better deals and special financing options, including auto loans and insurance. AutoSpot has established a significant presence in the online car sales market in Russia, holding an estimated 20.5% share of online sales and approximately 5.1% of total car sales by 2022, with monthly sales of around 1,000 new automobiles. The company continues to enhance its platform, making it more scalable and feature-rich to meet the needs of its customers.
AutoSpot
Seed Round in 2015
AutoSpot is an online automotive service platform based in Moscow, Russia, that facilitates the purchase of new cars by connecting customers directly with authorized dealers. Founded in 2013, the company operates a reverse marketplace model, aggregating offers from over 410 official dealers and enabling users to compare prices, access real-time information, and shop for vehicles without the need for traditional bargaining. This model enhances transparency in the car-buying process, allowing consumers to find better deals and special financing options, including auto loans and insurance. AutoSpot has established a significant presence in the online car sales market in Russia, holding an estimated 20.5% share of online sales and approximately 5.1% of total car sales by 2022, with monthly sales of around 1,000 new automobiles. The company continues to enhance its platform, making it more scalable and feature-rich to meet the needs of its customers.
AutoSpot
Seed Round in 2014
AutoSpot is an online automotive service platform based in Moscow, Russia, that facilitates the purchase of new cars by connecting customers directly with authorized dealers. Founded in 2013, the company operates a reverse marketplace model, aggregating offers from over 410 official dealers and enabling users to compare prices, access real-time information, and shop for vehicles without the need for traditional bargaining. This model enhances transparency in the car-buying process, allowing consumers to find better deals and special financing options, including auto loans and insurance. AutoSpot has established a significant presence in the online car sales market in Russia, holding an estimated 20.5% share of online sales and approximately 5.1% of total car sales by 2022, with monthly sales of around 1,000 new automobiles. The company continues to enhance its platform, making it more scalable and feature-rich to meet the needs of its customers.