Cardino Revolutionizes the Used EV Market with €4M Seed Funding
June 12, 2024, 9:36 pm
Cardino, a Berlin-based company specializing in the used electric vehicle (EV) market, recently secured €4M in Seed funding. Founded by Henrik Sachs and Lukasz Pajak, Cardino aims to transform the way used EVs are bought and sold through its innovative digital platform.
The funding round, supported by angel investors and key figures from platforms like Rosberg Ventures and Vinted.com, will fuel Cardino's expansion efforts and enhance its business reach. The company's platform streamlines the sales process by providing comprehensive used EV profiles and enabling direct bidding, resulting in competitive prices for buyers and seamless transactions for sellers.
Cardino's unique approach includes managing all aspects of the transaction, from valuation to logistics and payment processing. Sellers benefit from a hassle-free experience, with the vehicle collected and delivered across Europe within seven days. The platform also ensures quality assurance by screening sellers and inspecting vehicle condition, history, and battery reports.
With plans to expand consumer services to France and introduce new features like an online battery range check, Cardino is poised to set new benchmarks in the EV market. The company's commitment to sustainability and innovation has garnered significant investor interest, with notable figures like Nico Rosberg expressing excitement about Cardino's impact on the industry.
As Cardino continues to revolutionize the used EV marketplace, its dedication to efficiency, transparency, and sustainability remains unwavering. The company's rapid growth and impressive GMV figures underscore its position as a trailblazer in the evolving landscape of electric vehicles. With a focus on driving positive change in the automotive sector, Cardino is poised to lead the way towards a more sustainable future for the used car market.
The funding round, supported by angel investors and key figures from platforms like Rosberg Ventures and Vinted.com, will fuel Cardino's expansion efforts and enhance its business reach. The company's platform streamlines the sales process by providing comprehensive used EV profiles and enabling direct bidding, resulting in competitive prices for buyers and seamless transactions for sellers.
Cardino's unique approach includes managing all aspects of the transaction, from valuation to logistics and payment processing. Sellers benefit from a hassle-free experience, with the vehicle collected and delivered across Europe within seven days. The platform also ensures quality assurance by screening sellers and inspecting vehicle condition, history, and battery reports.
With plans to expand consumer services to France and introduce new features like an online battery range check, Cardino is poised to set new benchmarks in the EV market. The company's commitment to sustainability and innovation has garnered significant investor interest, with notable figures like Nico Rosberg expressing excitement about Cardino's impact on the industry.
As Cardino continues to revolutionize the used EV marketplace, its dedication to efficiency, transparency, and sustainability remains unwavering. The company's rapid growth and impressive GMV figures underscore its position as a trailblazer in the evolving landscape of electric vehicles. With a focus on driving positive change in the automotive sector, Cardino is poised to lead the way towards a more sustainable future for the used car market.