Instacarro Serviços de Intermediação e Comércio de Veículos Ltda

Based in Brazil, Instacarro offers a digital platform for buying and selling used vehicles, facilitating a seamless transaction process for car owners and buyers alike. Instacarro specializes in the digital automotive marketplace, connecting sellers with buyers through an efficient online interface. Founded in 2015 in Sao Paulo, Brazil, they have completed 9 deals, with their most recent in June 2022 during a SERIES B funding round, raising BRL 115. 000 mn from investors including Acurio Ventures and FJ Labs.

The company was co-founded by Luca Cafici and Onil Pereyra, with Cafici also serving as the CEO. Instacarro specializes in the digital automotive marketplace, providing a platform that facilitates the buying and selling of used vehicles. Their primary service allows users to sell their cars quickly and efficiently by connecting them with potential buyers through a streamlined online interface. This platform addresses common pain points in the used car market, such as pricing transparency and the hassle of traditional selling methods.

Instacarro's target clientele includes individual car owners looking to sell their vehicles as well as potential buyers seeking reliable options in the used car segment, serving major urban areas across Brazil where demand for used vehicles is high. Instacarro's revenue model is primarily based on transaction fees associated with the sales facilitated through their platform. When a vehicle is sold, a percentage of the sale price is collected as a commission, serving as a direct revenue stream for the company. This transactional structure allows Instacarro to maintain a scalable business model, catering to both individual sellers and dealership partners.

They may also explore subscription services for dealerships seeking enhanced visibility and access to a larger customer base. In June 2022, Instacarro Serviços de Intermediação e Comércio de Veículos Ltda raised BRL 115. 000 mn in SERIES B funding, which will support their plans for future growth. The company is currently designing new features for their platform to enhance user experience and streamline transactions further.

Additionally, they are targeting expansion into other major urban areas within Brazil by the end of 2023, aiming to increase their market reach and customer base.