gettacar

Company Overview

Snapshot

Founded in January 2018 by Yossi Joe Levi and Jacob Levin, gettacar operates with 11–50 employees. The company has raised $49 million across three funding rounds from four investors.

Business overview

gettacar is a direct-to-the-door online platform that facilitates the trade, financing, and purchase of used cars. The company's core technology enables customers to browse a wide inventory, customize their terms, and have their chosen vehicle delivered directly to their location. gettacar primarily serves the automotive retail market, operating within the Retail Platforms sector and utilizing a web-based search engine platform to connect buyers with used cars.

Strategic signal

In May 2022, gettacar underwent a significant operational change by closing its R&D center in Rehovot, Israel, resulting in the layoff of 30 employees. This move signals a strategic restructuring and potential shift in the company's operational focus or resource allocation, which could impact its future technology development and market approach.

Company Intelligence Q&A

When was gettacar founded and by whom?

gettacar was founded in January 2018 by Yossi Joe Levi and Jacob Levin.

What was a significant operational change for gettacar in 2022?

In May 2022, gettacar closed its R&D center in Rehovot, Israel, leading to the layoff of 30 employees.

Which markets has gettacar expanded into?

In June 2020, gettacar expanded its online car buying platform to the Washington D.C. area. Earlier, in June 2019, the company expanded its services to Baltimore.

What is gettacar's total disclosed funding?

gettacar has raised a total of $49 million across three funding rounds. The latest disclosed funding was $25 million in February 2021.