HeyCar - About the company
HeyCar is an acquired company based in Berlin (Germany), founded in 2017 by Markus Kroger. It operates as an Online B2C listing platform for used cars. HeyCar has raised an undisclosed amount in funding from Mercedes-Benz and Volkswagen Group. The company has 56 active competitors, including 5 funded and 5 that have exited. Its top competitors include companies like Copart, Carwow and AutoScout24.
Company Details
HeyCar is an online B2C listing platform for used cars. Their platform allows dealers to list their vehicles on the platform & buyers can browse & filter the listed vehicles based on vehicle type, make & model, budget, year, mileage, fuel & more. The app is available for iOS & Android devices.
- Website
- hey.car
- Email ID
- *****@hey.car
- Phone Number
- +49 **********
Key Metrics
Founded Year
2017
Location
Berlin, Germany
Stage
Acquired
Latest Funding Round
Investors
Ranked
4th among 56 active competitors
Annual Revenue
€0 - €1M as on Dec 31, 2018
Employee Count
73 as on Sep 30, 2026
Exit Details
Acquired by Renault Group (Sep 14, 2021)
Legal entities associated with HeyCar
HeyCar is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
Mobility Trader GmbH CIN: HRB183918 , Germany, Active | Dec 31, 2016 | €0 - €1M (As on Dec 31, 2018) | - |
HeyCar's acquisition details
HeyCar got acquired by Renault Group and RCI Bank on Sep 14, 2021.
Click here to take a look at HeyCar's acquisition in detail
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HeyCar's funding and investors
HeyCar has raised funding over 3 rounds. Its first funding round was on Sep 13, 2018. Its latest funding round was a Seed round on Jul 08, 2021 for $*****. 1 investor participated in its latest round. HeyCar has 4 institutional investors.
Here is the list of recent funding rounds of HeyCar:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 08, 2021 | 6633885 | Seed | 9784574 | 8024768 | 9878965 | 3165513 |
Feb 28, 2020 | 3905507 | Seed | 6395634 | 5488138 | 9256797 | 5227405 |
Sep 13, 2018 | 9979618 | Seed | 9188959 | 4772402 | 6658437 |
View details of HeyCar's funding rounds and investors
HeyCar's founders and board of directors
Founder? Claim ProfileThe founders of HeyCar is Markus Kroger.
Here are the details of HeyCar's key team members:
- Markus Kroger: Former Founder of HeyCar. They serve on the board of 1 company.
HeyCar's Board of Directors
HeyCar's board has 2 active members. Henning Osmers and Reinhard Schmidt are part of team.Here is the list of HeyCar's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
ziybgft | Team | - | Past | 5y 9m |
{tflces | Team | - | Current | 4y 6m |
ypn{kse | Team | - | Current | 1y 9m |
vowfyhb | Team | - | Past | 6y 6m |
upvwrhc | Independent board member | - | Past | 5y 2m |
jzaoxhi | Independent board member | - | Past | 8y 8m |
View details of HeyCar's Founder profiles and Board Members
HeyCar's employee count trend
HeyCar has 73 employees as of Sep 26. Here is HeyCar's employee count trend over the years:
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HeyCar's Competitors and alternates
Top competitors of HeyCar include Copart, Carwow and AutoScout24. Here is the list of Top 10 competitors of HeyCar, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Copart 1982, Dallas (United States), Public | Online marketplace for used and salvaged vehicles | $1.1M | - | 72/100 |
2nd | Carwow 2010, London (United Kingdom), Series E | Online marketplace to buy new cars | $178M | 70/100 | |
3rd | AutoScout24 1998, Grunwald (Germany), Acquired | Operator of an online platform for buying and selling automobiles | - | - | 70/100 |
4th | Online B2C listing platform for used cars | - | 63/100 | ||
5th | A rich used vehicle listing portal | - | - | 57/100 | |
6th | InstaMotion 2015, Grunwald (Germany), Series B | Online B2C marketplace for buying & selling pre-owned cars | $36.6M | 46/100 | |
7th | Online and app based platform to sell or buy second hand vehicles | - | 40/100 | ||
8th | Online listing platform for buying/selling of used/new cars | - | - | 38/100 | |
9th | App based dealer of second hand vehicles | - | - | 38/100 | |
10th | Online B2C marketplace for buying/selling of used/new cars | - | 37/100 |
Looking for more details on HeyCar's competitors? Click here to see the top ones
HeyCar's Investments and acquisitions
HeyCar has made no investments or acquisitions yet.
Reports related to HeyCar
Here is the latest report on HeyCar's sector:
News related to HeyCar
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Parkers' heycar partnership offers car buyers access to 80,000 used car adsAutomotive Management•Sep 30, 2022•HeyCar, Parkers
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