Pittsburgh-based startup AutoRef.com, which is something like a CarWoo for used vehicles, has raised $850,000 in seed funding. The round was led by an interesting, strategic investor: the large European online car marketplace, AutoScout24, which is owned by Deutsche Telekom.
T-Venture, the venture arm of Deutsche Telekom, also participated in the round alongside Innovation Works, plus local… → Read More
Buying a car is usually a pretty awful experience. Browsing may be fun, but once it comes time to sign on the dotted line you end up having to do a lot of research, a lot of paperwork, and it’s expensive to boot.
This is what makes services like CarFax so disruptive. And today, a brand new partnership between AOL Autos and CarWoo! should also simplify the process of finding the right car for… → Read More
Buying a car doesn’t have to be such a nightmare, after all.
That’s the promise of CarWoo, a startup that looks to take the stressful negotiation tactics and pushy salespeople out of the equation, allowing consumers to buy their car online with a relatively small amount of hassle. Today the company is announcing that it’s closed a new $6 million funding round led by Interwest Partners, Comcast… → Read More
YC-funded CarWoo is announcing its Version 2 launch today. In the same space as TrueCar, CarWoo is a reverse auction marketplace for cars i.e. it makes car dealers bid for your business and focuses on covering all aspects of car buying transactions up to purchase. In the true spirit of a marketplace, Carwoo says it saves consumers an average of $3763 by making dealers compete against each… → Read More
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