AutoVisual up to 1.5 million euros with the Group the Argus

The startup, expert in the big data car, to conduct a fund-raising of 1.5 million euros from the Group’s Argus, a reference to the valuation automotive

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Paris, 15 June 2017 – a year and A half after its creation, AutoVisual, the young shoot, which reinvents the search of vehicles of opportunity (VOS), announced a fundraising of € 1.5 million that will allow it to accelerate its development.

With over 100,000 new ads that are referenced each day, AutoVisual is the search engine used car the most comprehensive in the market. The website wants to distinguish itself by its technological breakthroughs in the field of data analysis. Today the perimeter of the startup extends over a major part of western Europe (Spain, Portugal, Italy, Germany, the Benelux countries, the netherlands and Switzerland) as well as Morocco.

This significant participation of the Group, the Argus will, in particular, allow the company to finance its growth, accelerate its international deployment and to develop new tools and innovative services.

“We offer features that do not exist elsewhere, and make it easier to actually search for used cars,” says Anthony Piombino, operations director, and statistician.

“We have the ambition to make AutoVisual the indispensable tool of small traders and mechanics-repairers who seek to develop their business of selling used vehicles. Our promise is simple : to save time, buy/sell at fair prices and improve stock turnover “, welcomes Guillaume Juhel, responsible for the Marketing of AutoVisual.

The investment in AutoVisual just reinforce the pole’s Big Data Group Argus, and is part of its strategy of international development.

Jean-Pierre Gauthier, director general of the group, says, ” This investment is the opportunity for the Argus to develop new solutions, always more precise, and innovative, while meeting the expectations of our international customers “.

Established in 2015, AutoVisual reference on a single interface all used cars for sale by individuals and professionals. Two young French engineers are at the origin of this startup, which is based on a unique technology, providing access in a few clicks to the european market.

AutoVisual in a few numbers, it is :
– A presence in 9 countries
– 41 internet sites referenced
– 90 million ads referenced
– 100,000 new ads every day

Founded in 1927, the group Argus is a reference in the sector of automobile distribution. Known to all for its magazine and its baseline score (the famous Cote Argus, Argus accompanies professionals in the management of their activities automobiles. Its strategy of expansion and diversification has allowed us to develop a complete offer of services according to five strategic directions : Information & News, Data & Values, management Software, Leads & Acquisition, and Consulting & Recruitment.

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