Caronsale gets $60 million

According to a media report, the investors are the capital companies Stripes and HV Capital. A former DAX board member is also invested.

The New York-based venture capital firm Stripes and the Munich-based investor HV Capital, formerly known as Holtzbrinck Ventures, are investing in the car marketplace Caronsale. According to the website German Startups 60 million US dollars.

It is not the first major financing for the company, which once started in Nuremberg. The capital firms Insight Partners from the USA and Creandum from Sweden had previously invested around 17.5 million euros.

Caronsale was founded in 2018 by Tekin Has, Tom Krüger, Fabian Roth and Oguz Özgüler. The company positions itself as a digital marketplace for trade-ins, lease returns and used vehicles. The platform is aimed at car dealerships from all over Europe, who can sell their vehicles to used car dealers via the service.

Caronsale had already attracted attention at the end of 2019, when it became known that former Daimer CEO Dieter Zetsche had invested in the company. At that time, Caronsale was still based in Nuremberg and was much less well-known than it is today. Zetsche had already supported start-ups at Daimler: With him, the company had bought Mytaxi or launched the Moovel app, among others.