Garantibil

​Garantibil grows together with new strategic investors

Pressmeddelande   •   Maj 17, 2016 09:14 CEST

Through an issue of new capital, Garantibil receives new funding to secure continued growth in their Swedish operations and expand into international markets. Leading investors in the funding round are Naspers and Vostok New Ventures, followed by a group of private investors including Crister Kaiser, formerly of Kaiser Bil AB.

- We are very pleased with the confidence we’ve received from our new investors. For the company it means a lot of know-how, financial strength and ability to recruit the right expertise to accelerate our international expansion, says Garantibil CEO Patrick Juthberg. 

Naspers is a leading ecommerce investor in numerous markets and recently took a majority stake in Avito and the app Letgo amongst others. Vostok New Ventures is an investment company with a special focus on online marketplaces and businesses with strong network effects. Vostok New Ventures previous investments include Avito, the leading online classifieds platform in Russia, BlaBlaCar, the world’s largest long-distance ride sharing community, Delivery Hero which is the parent company of Online Pizza, and Wallapop which recently announced a merger of its US operations with Naspers-backed Letgo in the US market. 

- Together with our other investors, Naspers and Vostok New Ventures bring us a deep knowledge of all aspects of our industry. With their network and expertise this gives us the resources and knowledge for continued expansion and access to many of the markets that are important to us, says Patrick Juthberg. 

The other investors are Garantibils founder, IT- entrepreneurs and angel investors. This group includes Crister Kaiser, former owner of Kaiser Bil AB, which was the distributor for Lexus in Stockholm and Malmö.

- I know how important service and customer satisfaction are since my time with Lexus. Garantibils way to facilitate for buyers and sellers to safely find each other at a good price is the future of the car market, says Crister Kaiser. - 

The new issue of capital amounts to a total of USD 4.5 million and will support Garantibil’s continued growth in Sweden and strengthen the Company’s efforts to expand into new international markets. 

More information will be presented continuously on our website and in our pressroom. 

For more information:

Naspers: www.naspers.com

Meloy Horn, Head of Investor Relations. +27 (0)21 406 2121 

Vostok New Ventures: www.vostoknewventures.com 

Björn von Sivers, Head of Investor Relations. +46 8 545 015 50 

Crister Kaiser +46-708-32 94 57 

Garantibil: www.garantibil.se

Patrick Juthberg, CEO +46 736 31 73 43

Garantibil är det nya sättet att sälja och köpa begagnad bil i Sverige. Vi hjälper privatpersoner att sälja och köpa begagnad bil på ett tryggt sätt. Alla bilar testas noggrant av erfarna och opartiska bilprovare. Vidare värderas och förädlas alla bilar med 2 års begagnad- bilgaranti samt 2 månaders helförsäkring. Köpesumman deponeras alltid på ett klientmedelskonto hos Nordea tills köpeavtalet är signerat och klart. Det är säkrare att köpa begagnad bil på e-handelsplatsen garantibil.se och därför också lättare att sälja sin bil där.

Garantibil Sverige AB grundades 2012 och har huvudkontor i Stockholm.