When was GoBid founded?

GoBid was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is GoBid located?

GoBid is headquartered in Johannesburg, South Africa.

How many employees does GoBid have?

As of Sep 30, 2026, the latest employee count at GoBid is 195.

Is GoBid a funded company?

GoBid is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Mar 2021.

When was the latest funding round of GoBid?

GoBid's latest funding was a $***** Series B round on Mar 2021, with participation from 1 investor.

Where does GoBid rank among its competitors?

GoBid ranks 4th amongst 14 active competitors, of which 2 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was GoBid, which secured an undisclosed amount in Mar, 2021.

Who are the top competitors of GoBid?

GoBid's top competitors include BuyCentre, We Buy Cars and Getworth. Among them, GoBid secured the most recent funding round in March, 2021.

GoBid - 2026 Company Profile, Funding & Competitors

GoBid is a series B company based in Johannesburg (South Africa), founded in 2021. It operates as an Online auction-based marketplace for used & accident cars. GoBid has raised an undisclosed amount in funding. The company has 14 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like BuyCentre, We Buy Cars and Getworth.

Company Details

Online auction-based marketplace for used & accident cars. Buyers can find the cars, view details, log in with their account & place a bid on the cars & buy them via the platform. Car owners can advertise their cars on the platform.

Website: gobid.co.za
Social
Email ID: *****@gobid.co.za
Phone Number: +27 **********

Key Metrics

Founded Year

2021

Location

Johannesburg, South Africa

Stage

Series B

Latest Funding Round

Series B, Mar 2021, $*****

Investors

Fledge Capital & 2 more

Ranked

4^th among 14 active competitors

Employee Count

195 as on Sep 30, 2026

Similar Companies

Motorway & 18 more

View GoBid's full profile

GoBid has raised funding over 1 round. Its latest funding round was a Series B round on Mar 2021 for $*****. 1 investor participated in its latest round. GoBid has 3 institutional investors.

Here is the list of recent funding rounds of GoBid:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 2021	2970754	Series B	3275471	4034979	9569608	8329986

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View details of GoBid's funding rounds and investors

GoBid's employee count trend

GoBid has 195 employees as of Sep 26. Here is GoBid's employee count trend over the years:

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Top competitors of GoBid include BuyCentre, We Buy Cars and Getworth. Here is the list of Top 10 competitors of GoBid, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BuyCentre 2016, Sandton (South Africa), Unfunded	Online outright buyer of used cars	-	-	39/100
2nd	We Buy Cars 2001, Pretoria (South Africa), Public	Online C2B car buying platform	-	Fledge Capital	38/100
3rd	Getworth 2016, Cape Town (South Africa), Acquired	Online P2P marketplace to buy & sell cars	$743K	-	36/100
4th	GoBid 2021, Johannesburg (South Africa), Series B	Online auction-based marketplace for used & accident cars	-	Fledge Capital, Chase & Willow Capital & 1 others	34/100
5th	Weelee 2016, South Africa, Unfunded	Online C2B portal to sell cars	-	-	33/100
6th	CarZar 2016, Cape Town (South Africa), Seed	Online C2B platform to sell cars	-	VNV Global, Silvertree Holding	32/100
7th	TradersOnline auction 2007, Johannesburg (South Africa), Unfunded	B2B marketplace for automotive dealers	-	-	24/100
8th	Cars2Cash 2016, Johannesburg (South Africa), Unfunded	Outright buyers for second hand cars	-	-	24/100
9th	WeBuyYourCar 2016, Cape Town (South Africa), Unfunded	Online portal for users to sell their cars	-	-	24/100
10th	HiCarByeCar 2016, Johannesburg (South Africa), Deadpooled	Online C2B platform to sell cars	-	-	18/100