- Acquired by Car Shop on September 5, 2011
- Total Equity Funding
- $53.62M in 6 Rounds from 3 Investors
- London, England
- Autoquake is an e-commerce company remarketing used cars on behalf of the UK corporate fleet and leasing companies direct to consumers.
- Fredrik Skantze
- E-Commerce, Internet, Retail, Insurance, Automotive
Autoquake.com is an e-commerce company that remarkets used cars on behalf of UK corporate fleet and leasing companies direct to consumers.
Autoquake.com is the UKâ€™s leading online used car retailer and offers consumers the ability to browse and buy cars online through its website www.autoquake.com. Cars are offered at low prices with no sales people involved in the buying process. Each car goes through a 141 point inspection, is described with 40+ high resolution pictures and comes with a 7 day money back guarantee. The website provides all the information required for the customer to make an informed purchase decision from the comfort of their home. Autoquake.com also provides transparent, hassle free finance and optional home delivery.
Autoquake.com sells cars on behalf of large fleet and leasing companies. The ex-company cars are taken directly from the UK fleet operators, prepared to retail condition and sold via the Autoquake.com website. Because Autoquake.com takes out a step in the value chain, it can provide higher returns for fleets whilst still saving consumers money. Autoquake.com does this using sophisticated internet marketing tools and pricing and yield management technology adopted from other industries such as the travel industry. The company is funded by leading venture capital companies Accel Partners and Highland Capital Partners.
Funding Rounds (7) - $53.62MUpdate
|Date||Amount / Round||Valuation||Lead Investor||Investors|
|Mar, 2010||£6M / Undisclosed||—||—||3|
|Mar, 2010||£6M / Undisclosed||—||—||2|
|Mar, 2010||undisclosed amount / Debt Financing||—||—||1|
|Apr, 2009||£4M / Series C||—||Highland Capital Partners||1|
|May, 2008||$11.89M / Series B||—||—||2|
|Apr, 2008||£6M / Series B||—||Highland Capital Partners||1|
|Jul, 2006||$6M / Series A||—||Accel Partners||1|
|Accel Partners||Series A (Lead)|
|Highland Capital Partners||Series B (Lead)|
|Series C (Lead)|
|Kreos Capital||Debt Financing||-|
Current Team (7)Update
Board Members and Advisors (4)Update
|May 10, 2011||whatcar.com - The Car Shop buys Autoquake assets|
|May 9, 2011||am-online.com - The Car Shop acquires Autoquake assets|
|Mar 10, 2010||TechCrunch - Autoquake Gets Another 6m Investment From Its Backers|
|Mar 9, 2010||TechCrunch - Autoquake Gets Another Â£6m Investment From Its Backers|
|Mar 8, 2010||sourcewire.com - Autoquake.com secures additional 6m investment|
|Mar 8, 2010||sourcewire.com - Autoquake raises 0 in debt_financing round|
|Mar 8, 2010||TechCrunch - Autoquake secures another £6m investment from backers|
|Jun 2, 2009||thetimes.co.uk - Business|
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259-269 Old Marylebone Road
London, England NW1 5RA