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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
Social
X
Email ID
*****@hey.car
Phone Number
+49 **********
Part Of
Key Metrics
Founded Year
2017
Location
Berlin, Germany
Stage
Acquired
Latest Funding Round
Ranked
Annual Revenue
€0 - €1M as on Dec 31, 2018
Employee Count
73 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Renault Group (Sep 14, 2021)

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
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HeyCar's founders and board of directors

Founder? Claim Profile
The founders of HeyCar is Markus Kroger.
Here are the details of HeyCar's key team members:

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

HeyCar's employee count trend

HeyCar has 73 employees as of Sep 26. Here is HeyCar's employee count trend over the years:
Employee count trend for HeyCar
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
72/100
2nd
Logo for Carwow
Carwow
2010, London (United Kingdom), Series E
Online marketplace to buy new cars
$178M
70/100
3rd
Logo for AutoScout24
AutoScout24
1998, Grunwald (Germany), Acquired
Operator of an online platform for buying and selling automobiles
-
-
70/100
4th
Logo for HeyCar
HeyCar
2017, Berlin (Germany), Acquired
Online B2C listing platform for used cars
-
63/100
5th
Logo for Mobile.de
Mobile.de
1996, Berlin (Germany), Unfunded
A rich used vehicle listing portal
-
-
57/100
6th
Logo for InstaMotion
InstaMotion
2015, Grunwald (Germany), Series B
Online B2C marketplace for buying & selling pre-owned cars
$36.6M
46/100
7th
Logo for Pkwde
Pkwde
2007, Cologne (Germany), Funding Raised
Online and app based platform to sell or buy second hand vehicles
-
40/100
8th
Logo for Auto.de
Auto.de
2009, Leipzig (Germany), Unfunded
Online listing platform for buying/selling of used/new cars
-
-
38/100
9th
Logo for AUTOHUS
AUTOHUS
1996, Gyhum (Germany), Unfunded
App based dealer of second hand vehicles
-
-
38/100
10th
Logo for Carmato
Carmato
2016, Bonn (Germany), Funding Raised
Online B2C marketplace for buying/selling of used/new cars
-
37/100
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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

lockFilter this list
•
Mercedes-Benz sells its stake in HeyCarAIM Group•Aug 09, 2023•Mercedes-Benz, HeyCar
•
HeyCar restructuring business, announces layoffsAIM Group•Jan 31, 2023•HeyCar
•
HeyCar halts Netherlands rollout, gets new CEOAIM Group•Jan 11, 2023•HeyCar
•
CEO Reinhard Schmidt leaves HeyCar GermanyAIM Group•Oct 19, 2022•HeyCar
•
HeyCar signs deal with Autovia’s BuyaCarAIM Group•Jul 11, 2022•HeyCar, Autovia
•
HeyCar losses continue in Germany and U.K.AIM Group•May 09, 2022•HeyCar
•
HeyCar appoints Chris Wood to lead e-commerceAIM Group•Feb 18, 2022•HeyCar
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