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DateInvestorsAmountRound

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Corporate spinout

€400m

Valuation: €2.5b

Buyout
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Acquisition
Total Funding-

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CarNext.com is a pan-European digital marketplace specializing in high-quality used cars. The platform allows customers to buy, finance, or subscribe to a wide range of used vehicles online. CarNext.com serves both B2C (business-to-consumer) and B2B (business-to-business) markets. For B2C customers, the company offers a seamless online experience to purchase, finance, or subscribe to used cars, catering to the growing demand for online car buying. For B2B clients, CarNext.com operates an online auction platform for professional buyers and provides remarketing services for a network of trusted third parties. The company aims to achieve net zero emissions from its total fleet by 2030, reflecting its commitment to sustainability. CarNext.com generates revenue through car sales, financing options, subscription services, and B2B auction fees. The business model focuses on leveraging digital channels to provide a comprehensive and convenient car buying experience.

Keywords: used cars, digital marketplace, online auction, car finance, car subscription, B2C, B2B, sustainability, net zero emissions, remarketing services.