The Venture Codex Logo

The Venture Codex

AutoBinck Group

Stadsplateau 11, Utrecht, 3521AZ, The Netherlands

Overview

AutoBinck is built upon more than a century of experience in the automotive industry, having started in 1907 by selling Mercedes cars from an ‘Auto-Palace’ showroom in The Hague. Today the company is a leader in vehicle distribution, car retail, vehicle leasing, fleet management and related financial and mobility services and the distribution and sales of parts and accessories. Many of these activities operate from property owned by the in-house real estate division of the company. New forms of mobility, including charging infrastructure for electric cars, represent a significant area of investment for AutoBinck.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Automotive
Visit website

Investment portfolio

  • SnappCar

    Participated · Equity · Jun 2017

    SnappCar operates a peer-to-peer car‑sharing platform that lets private owners share vehicles via an app, aiming to make sharing easy, reliable and fun. The company reports more than 250,000 customers sharing over 30,000 cars and is available in the Netherlands, Denmark and Sweden. Founded in 2011 and headquartered in Utrecht, SnappCar also has offices in Stockholm and Copenhagen. SnappCar’s stated ambition is to reduce car ownership by 5 million vehicles in Europe by 2022 and to free parking space while cutting CO2. The company plans to expand geographically within Europe and to further improve its platform and services, including introducing keyless technology to allow app-based car access. SnappCar emphasizes reducing inefficiency—citing that the average car is idling 23 hours per day—as part of its social and environmental mission.

Team

No current team members are available.