AutoUncle

AutoUncle is a digital platform focused on simplifying the buying and selling of pre-owned electric vehicles across Europe, aggregating listings to enhance the user experience. Founded in 2010 by Johan Schjødt, Jonas Bylov, and Niels Schjødt, AutoUncle operates from its headquarters in Aarhus, Denmark. The company specializes in the automotive sector, particularly in used electric vehicles, and has not undergone any significant pivots since its inception. As of January 20, 2015, AutoUncle secured DKK 4.

95 million in Series A funding from NorthCap Partners, which constitutes the total amount raised. AutoUncle offers a comprehensive platform for buying and selling used electric vehicles, aggregating over 10 million listings from nearly 3,000 European websites. Its user-friendly interface features price comparisons and detailed guides, serving individual buyers, dealerships, and automotive retailers across several countries including Denmark, Sweden, Germany, Italy, and Spain. The platform particularly focuses on electric vehicles, catering to the growing demand for sustainable transportation.

In 2023, AutoUncle reported an EBITDA of DKK 653,850. 90. The company generates revenue through advertising partnerships and transaction fees associated with vehicle sales facilitated by its platform. Collaborations with verified dealers for enhanced listing visibility form a core aspect of its operational model, alongside premium services for users seeking personalized assistance.

AutoUncle plans to utilize its recent Series A funding of DKK 4. 95 million to enhance its platform and expand its services. Although the specific products slated for release or the targeted geographic regions for expansion have yet to be disclosed, the company aims to solidify its presence in the electric vehicle market and broaden its user base across Europe.