CarOnSale secures €15 million in a round led by Insight Partners.

CarOnSale, a Berlin, Germany-based startup operating a digital marketplace for car trading, secured a capital raise of €15 million ($17.5M).

The money was raised from a range of investors led by US-based venture company Insight Venture Partners.

CarOnSale, founded in 2018 by Tekin Has, Tom Krüger, Fabian Roth and Oguz Özgüler, developed digital service throughout which the car dealerships can market their vehicles and sell them to car dealers.

CarOnSale previously raised seed funding from Creandum in 2019.