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Paul Antony, the company's co-founder, recognized through his experience running a car dealership that no service existed for a cross-Canada lien search on used cars. He, along with a team of founders, created CarProof to provide Canadians who are buying or selling used cars with accurate details about a vehicle's history as well as lien ...
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Carfax, Inc. (stylized CARFAX) is an American company that provides vehicle data to individuals and businesses. Its most well-known product is the CARFAX Vehicle History Report. [ 1 ] Their other products include vehicle listings, car valuation, and buying and maintenance advice.
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Vehix, which operates the Vehix.com website, was an online automotive research and listing service owned by Comcast.The company launched in 2000 in Salt Lake City, developing partnerships with CARFAX and J. D. Power and Associates to provide broad-based, consumer-friendly comparison information about different brands and models of automobiles.
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In January 2014, Apax Partners bought the business from Guardian Media Group for £600m. [22] In March 2014, the company rebranded, and became known as Auto Trader, [23] and in March 2015, Auto Trader Group launched an initial public offering, with a market capitalisation of about £2bn and floated on the London Stock Exchange on the FTSE250. [24]
The company's initial partner was Capital One in order for its customers to arrange financing, access upfront pricing, and locate inventory online. [6] Other noted co-founders include Jim Nguyen, Oded Noy, and Bernie Brenner. [7] [8]