Founded in 2014, CarPrice is a technology startup based in Moscow, known for its robust online auction platform that efficiently facilitates transactions between private car sellers and professional buyers. CarPrice innovative platform ensures a transparent, secure, and efficient marketplace, enhancing liquidity in the used car market across Russia. For Sellers: CarPrice simplifies the car selling process. Sellers can easily bring their cars for a comprehensive evaluation, including a legal check and standardized technical inspection. The detailed report is then uploaded to their auction platform, where registered buyers place competitive bids. Sellers are presented with the highest bid and can choose to accept or reject the offer without any obligation. For Buyers: CarPrice provides a reliable and continuous source of varied inventory, making it a preferred buying channel for professional buyers. Access to the platform and transaction facilitation comes with a minimal fee, ensuring a high-quality buying experience. CarPrice has been recognized for its innovative approach, including the development of a new C2B2C tool that assists customers in purchasing cars for resale. In 2024, Forbes ranked CarPrice as the 15th most valuable internet company in Russia, a testament to their impact and success in the digital marketplace. "At CarPrice, we are committed to bringing transparency to the Russian automobile market. It's a challenging journey, but we have started by revolutionizing the car selling process. Our goal is to ensure that every transaction is clear, fair, and beneficial for all parties involved." Matthieu Lannegrand CarPrice CEO
2014
CarPrice raised undisclosed on February 23, 2020