Company Overview
Snapshot
Founded in January 2023 by Gilad Arditi, Omer Lahat, and Yahav Winkler, Pickoto operates with 1–10 employees. The company has raised $500K across one funding round. In August 2023, Pickoto secured seed funding to advance its online car listing platform.
Business overview
Pickoto has developed a streamlined digital marketplace for automobile sales, aiming to eliminate the need for traditional dealership visits. The company's core technology focuses on an intuitive platform design and tailored suggestions to empower buyers, supported by secure payment and transaction systems for a seamless experience. Pickoto primarily serves the automotive market, operating within the Business Software sector, specifically e-Commerce Tools and Sales & Marketing Solutions, with a focus on consumers in the transportation and mobility segments, including car owners and drivers.
Strategic signal
In August 2023, Pickoto secured $500K in seed funding, highlighting investor confidence in its model for disrupting traditional car sales. This capital infusion signals a strategic validation of Pickoto's approach to creating a digital-first car marketplace, positioning it for further development and market penetration in the online automobile sales sector.
Company Intelligence Q&A
- When was Pickoto founded and by whom?
- Pickoto was founded in January 2023 by Gilad Arditi, Omer Lahat, and Yahav Winkler.
- What is Pickoto's primary business model?
- Pickoto operates an online marketplace for automobile sales, serving both B2B and B2C segments by connecting buyers and sellers directly.
- What significant funding did Pickoto receive in 2023?
- In August 2023, Pickoto raised $500K in seed funding for its new car listing platform.
- Which investor participated in Pickoto's August 2023 funding round?
- Pango participated in Pickoto's seed funding round in August 2023, which raised $500K for its new car listing platform.
- What is Pickoto's primary geographic market?
- Pickoto's primary geographic market is Israel.