Carnovo

carnovo.com ↗ ·Barcelona ·Series A

Carnovo is a Barcelona-based online marketplace where consumers configure their desired new car and receive competitive offers from a network of 70+ official dealerships across Spain, claiming average savings of around €4,000; it also lists used cars, reviews and buying guides. Co-founded in 2016/2017 within Antai Venture Builder, it raised a €6.5M round in 2020 from a mix of VC and corporate investors.

Founded
2016
Founders
4
Total funds raised
€8.5M
Rounds
2
Investors
11
Last round
Sep 2020
SectorsAutomotive Marketplace, Car Buying Comparison, E-commerce Start-up MapMarketplace & E-commerce › Automotive marketplaces

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Founders

Ferran Jover
CEO & Co-Founder
Miguel Vicente
Co-Founder (via Antai Venture Builder)
Santiago Vernetta
Co-Founder & COO

Global models 5

AUTO1 Group
Europe's largest car-buying/selling tech platform connecting consumers and dealers, the same online dealer-network model as Carnovo but at much larger scale.
$1.4BComparable
Cazoo
United Kingdom · www.cazoo.co.uk ↗
Online platform for comparing and buying cars, matching Carnovo's model of digitizing car purchase and delivery through a dealer/inventory network.
$563M (equity)Comparable
Carvana
United States · www.carvana.com ↗
Online car marketplace letting buyers browse, compare and purchase vehicles digitally, the same consumer car-buying comparison concept as Carnovo.
$300M (pre-IPO)Comparable
TrueCar
United States · www.truecar.com ↗
Near-identical model: users get upfront price quotes from a network of certified dealers for new cars, the closest functional match to Carnovo.
$270MComparable
carwow
United Kingdom · www.carwow.co.uk ↗
New-car buying comparison platform where users configure a car and receive competing offers from dealers, essentially the same model as Carnovo.
$237MComparable

In the same niche 3 others

See all in the Start-ups Map →

Notes: Most funded first

Investors 11

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Sabadell Venture Capital
www.bancsabadell.com
Led Series A 2020 Spain
SEGO Venture
www.sociosinversores.com
Led Series A 2020 Spain
Antai Ventures
www.antaivb.com
2 rounds · 2017–20 Spain
Atresmedia
www.atresmedia.com
Series A 2020 Spain
Andreas Mihalovits
Led Series A 2020 Spain Private investor
AngelGate
Led Series A 2020 Switzerland
Ithaca Investments
Led Series A 2020 Italy
Mountain Partners
Led Series A 2020 Switzerland
Led Series A 2020 Switzerland
Grupo Sorigué
Series A 2020 Spain
Media for Equity (M4E)
Seed 2017 Germany

Funding rounds 2

DateRoundAmountLead

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