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The Silicon Review Asia

CarBlip’s Car Purchasing App Raises $2M

CarBlip’s Car Purchasing App Raises $2M

CarBlip, a new car buying app has embarked upon the journey of success by raising $2 million in a new round of financing. The investment was led by Nordic Eye Venture Capital with participation from a startup studio and seed investment firm, Science.

CarBlip, aiming to compete with Wyper, is an online platform to provide hassle-free car buying experience. “One of the main things about why we started CarBlip is we wanted to circumvent the in-person negotiation process and avoid the influx of calls that a buyer gets”, says Brian Johnson, Chief Executive officer of CarBlip.   

The users need to just download the application and search for the brands that are available in a GPS identified locations. There is provision to even submit bids on the car privately and receive counter-offers via the application. Once the online deal is done, they can head down to a dealership for purchase.

Like the old Wyper (now called Findy), CarBlip also has a tinder-like interface that lets users swipe for the car of their choice! What makes the application different is that it has the negotiation facilities with dealers. Richard Sussman, the managing partner for Nordic Eye appreciates the startup saying, “We loved the value proposition that they were signing up dealers directly.”

The investment they have received assures that the company can continue the good work for making car purchasing a picnic experience!


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