Vinn Auto operates an internet‑focused used‑car marketplace that matches shoppers with dealerships while not owning inventory, allowing capital efficiency. The company charges participating dealerships roughly 2–4% per transaction depending on vehicle price. Between Q2 2020 and Q2 2021 Vinn reported a 1400% increase in customers and 800% revenue growth; about 40,000 potential customers have interacted with the platform and 20–25% of those have gone on to purchase. Vinn expected its revenue to reach seven figures in 2021. The founding team plans to expand further within Canada and ultimately into the U.S. and to use new capital to launch a peer‑to‑peer car‑selling option to compete with listings on Facebook and Craigslist.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2021