Accu-Trade

Accu-Trade

Accu-Trade is a privately held company and a provider of vehicle apparisal technology. Learn more
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DateInvestorsAmountRound

N/A

Early VC
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$65.0m

Valuation: $65.0m

Acquisition
Total Funding-

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Accu Trade operates in the automotive market, providing a comprehensive vehicle appraisal platform designed to enhance dealer profitability. The business serves auto dealers and wholesalers, offering a suite of tools that integrate acquisitions, inventory management, and disposal into a single, user-friendly mobile app. Accu Trade's platform is built on extensive data, including guidebooks, vehicle history reports, and market pricing, ensuring accurate and profitable pricing for each vehicle identification number (VIN). A standout feature is its onboard diagnostics (OBD) scanner, which syncs detailed mechanical disclosures directly into appraisals, providing transparent reporting to customers and preventing overpayment. The company generates revenue through subscriptions and transaction fees, leveraging its exclusive access to the Cars.com marketplace to connect dealers with a vast consumer audience. This integration allows dealers to acquire vehicles from consumers looking to sell or trade, with instant offers based on predefined bidding rules. Additionally, Accu Trade's VIN dow Chrome extension provides comprehensive vehicle insights during auctions, enabling confident bidding.

Keywords: vehicle appraisal, OBD scanner, auto dealers, inventory management, market pricing, VIN insights, Cars.com integration, mobile app, transparent reporting, dealer profitability.

Tech stack

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