Domestic service for the sale of cars received $ 40 million investment

The company CarPrice.ru , which is engaged in online valuation and sale of used cars, received $ 40 million investment. According to the company's management, this is a record-size investment transaction in 2015. Baring Vostok Private Equity Fund V, Almaz Capital and other investors have invested in the online service, Lenta reports . The company's co-founder, Eduard Gurinovich, said that an investment of this size is necessary for the service due to certain features of the business model and the growing popularity of the company.

“The CarPrice team plans to invest in more aggressive regional expansion. By the end of August, we plan to open 15 offices in Moscow, more than 30 throughout Russia by the end of the year. We need a large number of physical offices that car owners can quickly come to, since the main advantage of CarPrice is comfort and speed of sale, ”commented Gurinovich.

Interestingly, the service was created only last year. Among the other proposals of the company are an online appraisal of the car, an inspection and payment of money by the service, followed by an auction among car dealers.