Autoquake is an e-commerce company remarketing used cars on behalf of the UK corporate fleet and leasing companies direct to consumers.
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 UK’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.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 9, 2010 | Series Unknown | £6M | 1 | — | — | Detail |
Mar 8, 2010 | Debt Financing | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Kreos Capital | — | Series Unknown |