Romanian platform where new car buyers can compare offers from car dealers all over the country, AutoVantage is raising €150,000 at a €2,000,000 valuation. The startup has now got listed on Rōnin, the investment platform that supports entrepreneurs finance their business ideas. Via Ronin, interested investors will be able to pre-register to get exclusive priority access for 48 hours and be the first to invest in the company’s development plans.
Pincu Ionescu, CEO at AutoVantage said: “Our mission is to bring transparency in the car buying process, helping customers find the best offer for them by negotiating with dealerships all over Romania on their behalf, while at the same time we qualify them as customers and save dealers 90% of the time and energy they invest in making a sale. With AutoVantage, you will be able to buy a new car from the comfort of your own home while we do all the work, and for car dealers we bring paying customers right at their doorstep, all hassle free.”
Ronin aims to facilitate the connection between entrepreneurs and retail investors and to allow anyone to become an investor in AutoVantage, or any other listed projects, with a minimum contribution of €100. “Through our medium, anyone who wants support the startup to accelerate their growth plans, from sophisticated and experienced investors to loyal customers willing to invest in their favorite brand or just any person looking for a great investment opportunity,” said Bogdan Almasi, CEO at Rōnin.
Another company currently listed on Rōnin, StockBinder, has already reached the minimum investment target of €300,000 and is still live for another 7 days for anyone interested to invest. The company facilitates the rapid integration between online stores, suppliers, and manufacturers, aiming for a new funding round to fully automate the process and support the company’s international expansion.