GarantiBil went bankrupt.

Sweden 04 August 2017
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GarantiBil, a Stockholm, Sweden-based company providing a platform for selling and buying used cars, went bankrupt.

The company, founded in 2012 and led by CEO Patrick Juthberg, was funded by institutional and strategic investors, including Bonnier, Speed Ventures, Industrifonden or Vostok New Ventures. The outside capital raised was in excess of $6M.