Instamotion Series B
We're investing in Instamotion
“ “Our mission is to enable a new way of buying a car by building a compelling end-to-end experience for our users and offering car purchase as an all-round service. To make this possible, we are consistently digitizing all processes along the car buying value chain”. Dr. Nikola Dešković CEO
We are excited to be investing in Instamotion through their €24 million Series B led by G+J Digital Ventures with existing investors, Earlybird and THI Investments.
Including financing with instant commitment, insurance, registration, and delivery to the user’s own door, Instamotion enables a completely digital experience of purchasing a car.
In just 15 minutes, a user can choose his or her own car from a selection of more than 30,000 immediately available, expert-approved, pre-owned cars and buy or finance them directly.
All vehicles are a maximum of 5 years old and have run less than 100,000 km. The purchase is worry-free for the customer: the buyer receives a 14 -day right of return and a 12-month all-inclusive Allianz guarantee, including a Europe-wide Roadside Assistance from Allianz, who is also a shareholder in Instamotion.
Dr. Nikola Dešković and the talented InstaMotion team have a deep understanding and exciting vision around the future of this market. Instamotion represents the next chapter in car buying, and the team has created a fantastic product focused on great customer experience.
We are excited to support their ambition that Instamotion is the future of car buying in Europe.