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§ Private Profile · Vancouver, BC, Canada
An online C2B marketplace simplifying used car sales for private owners, connecting them to auto dealers for fast, firm offers.
Autozen Technologies is a Vancouver, British Columbia-based enterprise that operates an online consumer-to-business marketplace connecting private car sellers directly to a network of vetted auto dealers through exclusive vehicle auctions. The platform dispatches inspectors to evaluate vehicles and manages the subsequent bidding, payment, and pickup processes. This model provides the service entirely free to consumers while generating revenue by charging transaction fees to the purchasing dealerships. The organization has raised over $9 million CAD in total seed funding, which supported a team expansion to approximately twenty employees and facilitated growth across major North American markets like Toronto, Calgary, and Seattle. This financial backing was secured from a syndicate of notable venture capital investors that includes Vanedge Capital, Anges Québec, and Pender Ventures. Autozen Technologies was officially founded in 2020 by technology entrepreneurs Olivier Vincent and Kalle Radage.
Autozen Technologies has raised $8.3M across 2 funding rounds.
Autozen Technologies has raised $8.3M in total across 2 funding rounds.
Autozen Technologies has raised $8.3M in total across 2 funding rounds.
Autozen Technologies's investors include Paul Lee, Anges Québec.
Autozen Technologies has raised $8.3M across 2 funding rounds. Most recently, it raised $5.0M Seed in June 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 22, 2022 | $5M Seed | Paul LEE | Anges Québec | Announced |
| Jan 20, 2021 | $3.3M Seed | — | — | Announced |