BacklotCars Overview

  • Founded
  • 2014
Founded
  • Status
  • Acquired/​Merged
  • Employees
  • 189
Employees
  • Latest Deal Type
  • M&A
  • Latest Deal Amount
  • $425M
Latest Deal Amount
  • Investors
  • 1

BacklotCars General Information

Description

Operator of an online marketplace intended to make wholesale automotive deals simple and transparent. The company's marketplace provides inspections, transportation, and inventory finance services eliminating the need to hold physical auctions and go direct to their end-market, enabling auto dealers and car companies to transact and liquidate inventory.

Contact Information

Website
www.backlotcars.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Automotive
Other Industries
Other Commercial Services
Parent Company
KAR Global
Primary Office
  • 1100 Main Street
  • Suite 1500
  • Kansas City, MO 64105
  • United States
+1 (855) 000-0000
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BacklotCars Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 12-Nov-2020 $425M 0000 00000 Completed Generating Revenue
7. Later Stage VC (Series B) 15-Apr-2019 0000 0000 00000 Completed Generating Revenue
6. Secondary Transaction - Private 0000 Completed Generating Revenue
5. Early Stage VC (Series A) 07-Dec-2018 0000 0000 0000 Completed Generating Revenue
4. Seed Round 01-May-2017 000 000 Completed Generating Revenue
3. Angel (individual) 27-Oct-2015 000 000 000.00 Completed Generating Revenue
2. Accelerator/Incubator 24-Apr-2015 Completed Generating Revenue
1. Accelerator/Incubator 22-Jan-2015 Completed Generating Revenue
To view BacklotCars’s complete valuation and funding history, request access »

BacklotCars Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A2 0,000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A1 8,679,084 $0.000010 $0.92 $0.92 1x $0.92 20.59%
Seed 7,009,025 $0.000010 $0.78 $0.78 1x $0.78 16.63%
To view BacklotCars’s complete cap table history, request access »

BacklotCars Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of an online marketplace intended to make wholesale automotive deals simple and transparent. The company's mark
Automotive
Kansas City, MO
189 As of 2020
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0000 0000-00-00
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00000 0000000000 00000000
Carmel, IN
00000 As of 0000
00000
0.000 0000-00-00
000000000000 00000

0000000

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0000000000
Atlanta, GA
00000 As of 0000
000000&0
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BacklotCars Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ADESA Private Equity-Backed Carmel, IN 00000 00000 000000000000 00000
0000000 Corporate Backed or Acquired Atlanta, GA 00000 000000&0
000 00000000 Venture Capital-Backed Buffalo, NY 0000 00000 00000000000 00000
00000000 00 000 Corporation Macclesfield, United Kingdom
00000000 Formerly Angel backed Toronto, Canada 000 0000 00000000000 0000
To view BacklotCars’s complete competitors history, request access »

BacklotCars Executive Team (7)

Name Title Board Seat Contact Info
Justin Davis Co-Founder & Chief Executive Officer
Josh Parsons Co-Founder & Chief Operating Officer
Fabricio Solanes Co-Founder & Chief Technology Officer
Aaron McKee Chief Revenue Officer
Ryan Davis Co-Founder
You’re viewing 5 of 7 executive team members. Get the full list »

BacklotCars Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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BacklotCars Former Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
500 Startups Venture Capital Minority 000 0000 000000 0
Arjun Sethi Angel (individual) Minority 000 0000 000000 0
Chaifetz Group Family Office Minority 000 0000 000000 0
Charles Seely Angel (individual) Minority 000 0000 000000 0
David McClure Angel (individual) Minority 000 0000 000000 0
You’re viewing 5 of 18 investors. Get the full list »

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