Germany · Information technology & services startup

CarOnSale

CarOnSale, legally registered as Castle Tech GmbH, is a prominent pan-European digital B2B marketplace focused on the used car wholesale industry.

Funding reportedLast round: Series C

Information technology & servicesBerlin, Germany

About CarOnSale

CarOnSale, legally registered as Castle Tech GmbH, is a prominent pan-European digital B2B marketplace focused on the used car wholesale industry.

Founded in 2018 and based in Berlin, Germany, the company has quickly established itself as a leader in Germany's dealer-to-dealer sector while expanding throughout Europe. CarOnSale aims to streamline automotive wholesale by connecting professional car dealers and OEMs through a comprehensive software ecosystem. The company offers an end-to-end suite of services that includes a B2B marketplace and auction service, vehicle inspections, logistics and transportation, payment processing, market pricing algorithms, and financing solutions. CarOnSale operates on an asset-light model, facilitating transactions without owning the vehicles. Its platform is designed to enhance transparency, efficiency, and trust among users, making it a key player in the automotive wholesale market. The company targets professional used car dealers, auto dealerships, OEMs, and lease-return companies across Europe, with a goal of scaling to annual sales of 1 million used cars.

What company datasets say CarOnSale raised

Funding, as reported

Reported in all158.6Min the source's currency
Last roundSeries C
Last round size82.1M
Last round dateJul 2025

On a portfolio page

Investors who name them

Each firm lists CarOnSale on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

consumerscertified vehicle tradingtrade-insdistributioninventory managementvehicle logisticstruckvehicle inspectionutility trailerautomotive softwarevehicle procurementinformation technology & servicesautomotive data analyticslogistics & supply chainfinancial serviceslease returns

Built with from their website

Salesforce Email StudioAirtableGoogle MapsSalesforce Marketing Cloud Account EngagementDockerGitKioskedChatGPTAmazon SESGoogle Tag Manager

+8 more

Salesforce Service CloudAmazon CloudFrontTableauRESTSalesforce VisualForceSalesforce CRM AnalyticsSalesforce Marketing CloudHREF Lang

Sector
Information technology & services
Industry code
NAICS 53212, 423110, 519290, SIC 7359
Region
Berlin
Revenue
83.5M a year, as listed

Information technology & services in Germany

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