B2B Car Auction Platform CarOnSale Raises $82M in Series C Funding

CarOnSale is a B2B online auction platform for used cars, primarily serving the European market. Founded in 2018 and headquartered in Berlin, Germany, the company aims to digitize and streamline the professional used car trade.

Berlin-based B2B car auction platform CarOnSale raised $82 million in Series C funding that will be used to grow the team, invest in product development, and expand further in Europe.

FinSMEs: CarOnSale Raises €70M in Series C Funding

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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