AutoUncle
| File:AutoUncle logo.png | |
| Private limited company | |
| ISIN | 🆔 |
| Industry | Search Engine |
| Founded 📆 | 2010 |
| Founder 👔 | |
| Headquarters 🏙️ | Aarhus, Denmark |
Area served 🗺️ | |
Key people | Johan Frederik Schjødt, Niels Kristian Schjødt (Founder CEO) |
| Products 📟 | Search Engine, Car price valuations |
| Revenue🤑 | Not disclosed |
| Members | |
Number of employees | 15 [1] |
| 🌐 Website | autouncle.com/ |
| 📇 Address | |
| 📞 telephone | |
AutoUncle is a web search engine founded in 2010 by the two brothers Johan and Niels Kristian.[2]
The valuation technology
AutoUncle’s business is centered on a valuation technology for used cars that differs from many other existing used car valuation technologies. The algorithm calculates the car’s price statistically based on the current market for the particular car.[3] This is different from many other technologies which are typically based on a depreciation model based on the car’s sales price "as new", depreciated by age, mileage, and wear. The valuation technology has proven to be accurate enough to be used by the Danish TAX authority (SKAT (tax agency))[4]
The name
AutoUncle’s name is a concatenation of "Auto" and "Uncle". The first part references the fact that AutoUncle is a vertical search engine for cars. The second part of the word Uncle symbolizes the notion of a "helping uncle (relative)" that would guide you in the process of buying a used car. Together they also reference the idea of AutoUncle being an "auto"-mated Uncle. A computer that helps you in an unbiased way, stripped from feelings and precautions.
The logo
The logo resembles the front of a car mixed with the notion of a smiling face.
History
AutoUncle was founded in 2010 by the two brothers Johan and Niels Kristian. The idea sprung out of their interest for both cars and statistics. AutoUncle was meant to be a help for the consumer “to clear the way through the used-car jungle” as the company’s tagline says. AutoUncle participated in Startupbootcamp in Copenhagen back in 2010. AutoUncle has received several rounds of funding. The first was angel funding back in 2011[5]
Countries
- Denmark (2010)
- Sweden (2011)
- Germany (2012)
- Italy (2012)
- Austria (2012)
- Poland (2013)
- Spain (2013)
- Portugal (2013)
- Finland (2014)
- Romania (2015)
References
- ↑ "AutoUncle's About Us". Retrieved 2015-06-03.
- ↑ "AutoUncle". Det Centrale Virksomhedsregister. Central Business Register. Retrieved 2015-06-03.
- ↑ "About the valuation algorithm". AutoUncle.com. Retrieved 2015-06-03.
- ↑ "SKAT.dk". SKAT.dk. Retrieved 2015-06-03.
- ↑ "Techcrunch article". Techcrunch.com. Retrieved 2015-06-03.
Further reading
After AutoUncle was launched, AutoUncle received a lot of public attention due to its disruptive approach to creating fairness and transparency in the used car market. Some of the most noteworthy are:
- Søgemaskine viser den rigtige pris på brugtbilen? (Danish)
- Wieviel ist mein Auto noch wert? (German)
- Gebrauchtwagen-Ranking: Die zehn größten Ladenhüter (German)
- Nuova anzi usata, l’auto che tira ancora segreti e numeri di un mercato mai in crisi (Italian)
External links
This article "AutoUncle" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
