Used Cars B2B Marketplace CarOnSale Bags €70 Million Series C

Led by founders Tom Krüger(CEO), Oguz Özgüler(CCO), Maximilian Schilling(COO), Fabian D. Roth(CTO), CarOnSale secures €70 million in Series C funding led by Northzone, with participation from existing investors HV Capital, Insight Partners, Stripes, and Creandum, as mentioned in tech.eu.

With the new funding, CarOnSale will accelerate European expansion, strengthen operations in core markets, enter new countries, grow its team, and enhance its digital infrastructure for seamless cross-border vehicle transactions.

CarOnSale aims to become the leading pan-European managed B2B used car marketplace, targeting 1 million annual transactions. By optimizing its platform for high-volume dealerships and offering integrated services—such as vehicle intake, logistics, fintech, and AI-driven tools—the company focuses on trust, speed, and reliability. Positioned as a partner to dealers, not a competitor, CarOnSale is building a scalable, tech-driven, and sustainable business model for the future of used car commerce.