RRR.lt operates an online platform for the sale of used car parts and provides a continuously improved software package that helps sellers manage stock and sell pre-inspected parts. Buyers access a single online store that in fact connects many warehouses across Lithuania. The company launched its business four years ago and serves both domestic and international customers; about 40% of orders are delivered to foreign countries and products are ordered to nearly all continents. RRR.lt plans to use new funding to expand into new markets and raise its profile in Europe, with initial efforts in Latvia, Poland, France and other European countries. The company emphasizes sustainable consumption by promoting reuse of high-quality auto parts to reduce demand for new parts and mitigate environmental pollution. The investment will support market expansion and sustainability outreach.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2020