CarPrice CarPrice Selanikar

CarPrice was founded on July 15, 2014. This is an online auction where every used car owner can sell their car within 1.5 hours. In 2015, the company raised more than $40 million in investments, closing the most successful venture capital deal of 2015 in Russia. The company is growing rapidly: CarPrice has 34 offices in 17 cities of Russia, and a representative office in Japan (Tokyo) is open.

Company offices

The company's offices In Moscow and the Moscow region, the company is represented by 12 offices:

• 1st Mitinsky Lane, 25 (SsangYong salon, 2nd floor)
• Volgograd Ave., 32, k.7 (salon "KIA," 1st floor)
• Dubninskaya str., 83, p. 5 (salon "Ford," 2nd floor)
• Pilot Babushkin st., d.32, k.3 (shopping center "Gris," 2nd floor)
• Neman passage, 4, k.2 (, 3rd floor)
• Walnut Boulevard, 26A (tire fitting "Wheels," 2nd floor)
• Ryazan pr., vl.39A, p. 1 (entry into the territory under the barrier)
• Sevastopol Avenue, 15, k.3 (MVO store)
• Udaltsova St.., 60 (Technical Center "Lucky Car," 3rd floor)
• Enthusiasts sh., d.54, p. 1 (Furniture center "WORLD OF COMFORT")
• 2, Odintsovo Zheleznodorozhny str.
• Leningradskoye sh Khimki., vl.9 (SsangYong salon, 3rd floor)

• Office in St. Petersburg: Ligovsky Prospekt, 246a (entrance from Aeronautical Street)
• Office in Voronezh: Kholzunova st., 122 (Entry from Kholzunova St.)
• Office in Kazan: Pobedy Prospekt, 157 (former Citroen dealership)
• Office in Nizhny Novgorod: * Kazanskoye shosse, d.25, k.1 (Entrance to Academic St. Near the Renault car dealership)
• Office in Perm: st. Reshetnikova, 5
• Office in Rostov-on-Don: Square of the Country of Soviets, 3 (Entry from Nansen St. Opposite the "Institute of power and Mechanical Engineering (DSTU)")
• Office in Samara: Kutyakova str., 14 (Entry from Kutyakova str.)
• Office in Ufa: st. Mendeleev, 205a

History

2021: Integration of online auctions into the CM.Expert system

On June 16, 2021, CarPrice announced the opening of quick access to auctions for car dealers connected to the DataMining platform CM.Expert. Read more here.

2020: RDIF and Baring Vostok bought shares in CarPric

On January 23, 2020, it became known about the investment in CarPrice by a consortium consisting of the Russian Direct Investment Fund (RDIF), the Baring Vostok Fund and funds from Europe and the Middle East.

About the investment in CarPrice "Vedomosti" told in the RDIF. Denis Dolmatov, general director of the online car auction, confirmed the information, but refrained from further comment. The volume of investments has not been disclosed.

It became known about investing in CarPrice by a consortium consisting of the Russian Direct Investment Fund (RDIF), the Baring Vostok fund and funds from Europe and the Middle East

CarPrice intends to spend the funds raised to accelerate business growth in the Russian regions and develop the platform for corporate clients.

In addition to CarPrice, RDIF, together with partners from France and the Middle East, is investing in the Elementaree food kit delivery service.

Investments in promising technology companies confirm the course of RDIF and partners to digitalize the Russian economy, says RDIF head Kirill Dmitriyev. - In particular, investing in the growth of the CarPrice business will allow you to move to a safer and legally protected model of car sales, ensure maximum benefits for customers and minimum costs for dealerships.

The publication cites data according to which by the beginning of 2020, more than 50,000 car dealers from all over the country are connected to the CarPrice platform, up to 400 auctions are held every day. The company has 130 retail outlets in 37 cities. According to its own data, more than 120 thousand cars have been sold since its inception.

Since its inception by the beginning of 2020, CarPrice has raised a total of $48 million (data from the Crunchbase portal). Earlier, Almaz Capital and Baring Vostok invested in the service.

According to the head of INFOLine-Analyst Mikhail Burmistrov, CarPrice by the beginning of 2020 ranks second in the used car market in Russia, second only to Rolf, and sells more than 32 thousand cars a year.^[1]

Notes