Spotawheel - About the company
Spotawheel is a series C company based in Athens (Greece), founded in 2015 by Charis Arvanitis and Kiriakos Agadakos. It operates as an Online dealer of used cars. Spotawheel has raised $480M in funding from investors like Venture Friends, Collective Spark and Endeavor. The company has 28 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like OTOMOTO, AUTO1.com and Autovit.ro.
Company Details
Online dealer of used cars. They redesign the buying-selling process for the customers including car valuation, customer satisfaction, and more. They offer online showrooms, inspected cars, doorstep delivery, warranty services, and more. Buyers can find the cars they want to buy on the platform, go for a test drive, and buy cars online with the option of doorstep delivery.
- Website
- spotawheel.com
- Email ID
- *****@spotawheel.gr
- Phone Number
- +30 **********
Key Metrics
Founded Year
2015
Location
Athens, Greece
Stage
Series C
Total Funding
$480M in 8 rounds
Latest Funding Round
Investors
Ranked
1st among 28 active competitors
Employee Count
141 as on May 31, 2026
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Spotawheel's funding and investors
Spotawheel has raised a total funding of $480M over 8 rounds. Its first funding round was on 2016. Spotawheel has 12 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Spotawheel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 06, 2025 | 3855007 | Series C | 6940314 | 5304594 | 8934136 | 6214274 |
Nov 06, 2025 | 5130377 | Conventional Debt | 9618981 | 1037136 | 3199977 | |
Apr 26, 2022 | 5163072 | Conventional Debt | 6256194 | 1505956 | 7499713 | 2258606 |
View details of Spotawheel's funding rounds and investors
Spotawheel's founders and board of directors
Founder? Claim ProfileThe founders of Spotawheel are Charis Arvanitis and Kiriakos Agadakos. Charis Arvanitis is the CEO of Spotawheel.
Here are the details of Spotawheel's key team members:
- Charis Arvanitis: Co-Founder & CEO of Spotawheel and founder of 1 other company. Contact Info: 1 email address
- Kiriakos Agadakos: VP of Marketing & Co-Founder of Spotawheel.
View details of Spotawheel's Founder profiles and Board Members
Spotawheel's employee count trend
Spotawheel has 141 employees as of May 26. Here is Spotawheel's employee count trend over the years:
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Spotawheel's Competitors and alternates
Top competitors of Spotawheel include OTOMOTO, AUTO1.com and Autovit.ro. Here is the list of Top 10 competitors of Spotawheel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spotawheel 2015, Athens (Greece), Series C | Online dealer of used cars | $480M | 64/100 | |
2nd | Online retailer of new and used vehicles, motorcycles, and parts | - | 56/100 | ||
3rd | Provider of online platform for buying and selling used cars and dealership services | $100M | 48/100 | ||
4th | Autovit.ro 2000, Bucharest (Romania), Acquired | Online platform to buy/sell auto vehicles from dealers | - | 45/100 | |
5th | App-based listing platform for used vehicles | - | - | 43/100 | |
6th | Online automotive listing platform | - | - | 35/100 | |
7th | Online listing platform for automobiles and parts | - | - | 34/100 | |
8th | B2C marketplace for vehicles | - | - | 25/100 | |
9th | App based car listing platform | - | - | 25/100 | |
10th | Online dealer of used cars | $838K | 24/100 |
Looking for more details on Spotawheel's competitors? Click here to see the top ones
Spotawheel's Investments and acquisitions
Spotawheel has made no investments or acquisitions yet.
News related to Spotawheel
Media has covered Spotawheel for a total of 2 events in the last 1 year.
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Spotawheel Secures €300M to Accelerate Used Car SubscriptionRecurisve Media JSC•Nov 10, 2025•Spotawheel
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Spotawheel Secures €300M to Expand Used Car Sales and SubscriptionsStartup Rise EU•Nov 06, 2025•Pollen Street, Spotawheel
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TBI Bank partners with Spotawheel to help customers in Romania and Greece buy a car more easilyBusiness Review•Jul 07, 2022•TBI Bank, Spotawheel, Tbi bank
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Post-pandemic, used car platforms are booming — the latest is Spotawheel with €100MTechCrunch+•Apr 27, 2022•Spotawheel, Spotawheel
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Spotawheel leases 11,800 sqm in Bucharest-based Sema ParcProperty Forum•Apr 14, 2022•Spotawheel, Sema Parc
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