Spotawheel

Spotawheel is a European used car platform founded in 2016 and based in Athens, Greece. The company operates with a tech-driven, fully online approach to enhance the buying and selling of used cars in countries like Greece, Poland, Germany, and Romania, with plans for further expansion in Central and Eastern Europe. Spotawheel focuses on providing thoroughly inspected, high-quality vehicles to build trust and transparency in the used car market. Its proprietary algorithm and predictive analytics technology help evaluate and source vehicles effectively, ensuring customers receive reliable, certified cars with detailed inspection reports and a 5-year warranty. The platform offers a seamless online car buying experience, allowing customers to browse a wide selection of pre-inspected cars, complete purchases online, and have vehicles delivered to their homes. Additionally, Spotawheel provides financial plans and personalized recommendations to enhance customer satisfaction. With a commitment to transparency and technology, Spotawheel has experienced significant growth, raising over €130 million in funding and employing over 250 people.

Automotive Greece Founded 2015 ~3 employees Private · Series B

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Employees
3
0% in the 3 months to Jun 2025
Revenue / employee
$70M
Revenue ~$210M
Total funding
$146M
Last round Series B, Apr 2022
12-month attrition
12.5%
Tech: 0%
H1B sponsor
NA
Open jobs
6
Last 30 days

Funding

  • Apr 2022 · Series B · $117M · VentureFriends, Adevinta Ventures, UNIQA Ventures GmbH
  • Sep 2020 · Venture · $11.9M · VentureFriends, Velocity Partners, FJ Labs
  • Sep 2019 · Seed · $2.4M · Velocity.Partners, VentureFriends
  • Jul 2019 · $5.6M · VentureFriends, Velocity Partners
  • Jul 2019 · Venture · $5.6M · VentureFriends, Velocity Partners
  • Jun 2018 · $3.5M
  • Jun 2016 · Seed · $300K

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Spotawheel FAQ

How many employees does Spotawheel have?

Spotawheel has about 3 employees, unchanged over the 3 months to Jun 2025.

What is Spotawheel's revenue per employee?

Spotawheel makes about $70M in revenue per employee, based on $210M annual revenue and 3 employees.

How much funding has Spotawheel raised?

Spotawheel has raised $146.06M in total funding; its latest round was Series B in Apr 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.