CARS45
Cars45 buys, sells, prices, and rates the condition of pre-owned autos. The Cars45 process begins online, where owners enter their vehicle information for a free quote. They can then schedule an appointment at one of the company’s 13 inspection centers in Nigeria. After a multi-point evaluation including engine, brakes, tires, and a road-test, Cars45 makes an offer. If accepted, the company commits to wire payment to the owner’s bank account within 45 minutes. After pricing and creating a digital service history, Cars45 offers the autos it acquires to a private network of buyers.
CARS45
Industry:
Automotive E-Commerce E-Commerce Platforms
Founded:
2016-01-01
Address:
Lagos, Lagos, Nigeria
Country:
Nigeria
Website Url:
http://www.cars45.com
Total Employee:
251+
Status:
Active
Contact:
+2348139840160
Total Funding:
5 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Domain Not Resolving Amazon Cloudflare Person Schema Cloudflare Network Error Logging Cloudflare SSL Amazon Virginia Region Twemoji
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Current Employees Featured
Iyamu Mohammed Co-Founder/ VP Trading @ Cars45
Co-Founder/ VP Trading
Etop Ikpe Co-Founder and CEO @ Cars45
Co-Founder and CEO
Founder
Investors List
New Enterprise Associates
New Enterprise Associates investment in Series A - Cars45
Balderton Capital
Balderton Capital investment in Series A - Cars45
TPG Growth
TPG Growth investment in Series A - Cars45
EchoVC Partners
EchoVC Partners investment in Series A - Cars45
Frontier Car Group
Frontier Car Group investment in Series A - Cars45
Official Site Inspections
http://www.cars45.com Semrush global rank: 1.88 M Semrush visits lastest month: 11.69 K
- Host name: 104.26.6.248
- IP address: 104.26.6.248
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago
More informations about "Cars45"
Cars45 - Crunchbase Company Profile & Funding
May 1, 2017 Cars45 buys, sells, prices, and rates the condition of pre-owned autos. The Cars45 process begins online, where owners enter their vehicle information for a free quote. They can …See details»
Cars45 Company Profile 2024: Valuation, Investors, Acquisition
Cars45 General Information Description. Operator of an online platform created to change the way people buy and sell cars in Nigeria. The company's platform offers multi-point automotive …See details»
Cars45: the innovative Nigerian e-commerce startup - CA Global
Cars45 is a Nigerian vehicle e-commerce startup that is changing Nigeria’s car industry. The startup has managed to raise US$5 million in funding to grow its platform, which buys, sells, …See details»
OLX Group explains why it acquired Cars45 - Vanguard News
Nov 6, 2020 Mr Ganguly Soumobroto, Chief Executive Officer (CEO) of Cars45, on Friday said the company acquired Nigeria’s largest online used cars market to upscale the business to an …See details»
Cars45 Company Profile - Office Locations, Competitors ... - Craft
Jun 28, 2021 Cars45. Cars45 Summary. Company Summary. Overview. Cars45 is a car buying service. It also operates as a car auction service provider. The company conducts car …See details»
Jiji acquires Cars45 - 2021-06-28 - Crunchbase
Jun 28, 2021 Cars45 Cars45 buys, sells, prices, and rates the condition of pre-owned autos. Acquiring Organization: Jiji Jiji is an online marketplace that enables buyers and sellers to …See details»
Jiji acquires Cars45 as it looks to build a future outside classifieds
Jun 28, 2021 In 2017, Cars45 raised $5 million from Frontier Car Group (FCG), the Berlin-based company that builds used-car marketplaces focusing on emerging markets. This made FCG …See details»
Cars45 CEO Explains Why Company Was Acquired by OLX, and …
Jun 30, 2021 Cars45 withstanding industry challenges. Meanwhile, Legit.ng had previously reported that Cars45 is facing several challenges in the automotive industry, but the company …See details»
Nigeria’s Cars45 closes $5M round to digitize Africa’s used autos ...
May 1, 2017 Africa’s startup boom is moving into the used-vehicle space. Nigeria based Cars45.com raised a $5 million Series A round from the Frontier Cars Group, a holding …See details»
Jiji acquires Cars45 to create a new automotive retail experience …
Jun 28, 2021 Cars45 has been acquired at different times within the past three years. In 2017, Cars45 raised $5 million from Frontier Car Group (FCG), the Berlin-based company that builds …See details»
Jiji Changes Cars45 Brand Name to Jiji Cars
Mar 18, 2022 Kindly share this postJiji, Nigeria’s online Marketplace, which acquired Cars45, the online car auction service, has announced that it is changing the Cars45 brand name to Jiji …See details»
Cars45 - Company Profile - Tracxn
Oct 24, 2024 Cars45 ranks 2nd among 7 active competitors. 1 of its competitors is funded while 1 has exited. Overall, Cars45 and its competitors have raised over $21.9M in funding across 3 …See details»
Why Cars45 merger with Jiji is big deal for Nigeria’s auto industry
Jul 1, 2021 Cars45, on the other hand, offers a strong transaction side in terms of bookings and inspections for closing transactions. Yuliy Shenfeld, Director, Africa, Jiji, said the plan is to …See details»
Cars45, Jiji merge to create dominant auto marketplace for Africa
Jul 1, 2021 Jiji also has presence in the Ugandan and Tanzanian markets. Sources from both Cars45 and Jiji said the merger of operations promises a new level of trade experience for …See details»
New App Helps You Buy, Sell Used Car in Less Than an Hour
May 5, 2017 A group of African tech entrepreneurs have launched a new app, Cars45.com, to help Nigerians buy and sell used cars with the click of a button. The Nigerian-based Cars45 …See details»
Why Jiji Rebranded Cars45’s Name to Jiji Cars - SiliconNigeria
Mar 19, 2022 Jiji, Nigeria’s biggest online Marketplace, which acquired Cars45, the online car auction service, has announced that it is changing the Cars45 brand name to Jiji Cars. Recall …See details»
Cars45 Company and Investment Profile | MAGNiTT
Cars45 has 200 funding rounds worth 200. Orange Corner Innovation Fund (OCIF) United Arab Emirates (UAE) $9.5M - $18.2M. Valuation Estimate. $100K. Amount. Undisclosed. Round. …See details»
Cars45 inspects 40,000 vehicles in 2019 - Businessday NG
Dec 18, 2019 Meanwhile, Autopreneur’s platform network of Cars45 has empowered thousands of entrepreneurs nationwide in the automotive value chain through the Autopreneur recently …See details»
CARS45: A Comprehensive Overview of the Pros and Cons
Oct 14, 2023 CARS45’s physical inspection centers and the associated operational costs may potentially lead to higher overhead, which could affect the offers made to sellers. Limited …See details»
We want to be giant of auto industry in Africa, says Duru, Cars45
The Head of Cars45 Market Place, Patricia Duru has highlighted the corporate objectives of the frontline Nigerian automotive industry player, saying that the ultimate goal of the company was …See details»