Skip to header Skip to content Skip to footer

YPOG advises Northzone on 70 million EUR Series C financing round for CarOnSale




Berlin, July 8, 2025 – YPOG has advised international venture capital fund Northzone on a 70 million EUR Series C financing round for Berlin-based startup CarOnSale. Northzone led the round as the new lead investor, alongside existing investor HV Capital. Other participants include Insight Partners, Stripes, Creandum, and former Daimler CEO Dieter Zetsche. 

Founded in 2018, CarOnSale is led by Tom Krüger, Fabian Roth, Oguz Özgüler and Maximilian Schilling and operates a digital B2B platform for the professional used car trade. The platform offers an integrated software ecosystem that connects vehicle dealers and suppliers across borders. Services include vehicle inspections, logistics solutions and payment processing, enabling faster, more efficient and more transparent transactions.  

With the new capital, CarOnSale aims to become the leading digital marketplace for B2B used car trading in Europe. The focus is on expanding into additional European markets, further developing the software offering, and strengthening the team in technology, sales and operations.  

About Northzone 

Northzone (northzone.com) is a global venture capital fund built on experience spanning multiple economic and disruptive technology cycles. Founded in 1996, Northzone has raised more than ten funds to date, with its most recent fundraise in excess of $1.2 billion and has invested in more than 175 companies, including category-defining businesses such as Trustpilot, Spotify, Klarna, iZettle, Kahoot!, Personio, TrueLayer, Spring Health, and Zopa.

Northzone is a full-stack investor from Seed to Growth stage, with transatlantic hubs out of London, New York, Amsterdam, Berlin, Stockholm and Oslo.

 

Team  

Dr. Benjamin Ullrich (Co-Lead, Transactions), Partner, Berlin 
Dr. Frederik Gärtner (Transactions), Partner, Berlin 
Jörg Schrade (Tax), Partner, Munich 
Tobias Lovett (Co-Lead, Transactions), Associated Partner, Berlin 
Anna Eickmeier (IP/IT/Data Protection), Senior Associate, Berlin 
Benjamin Müller (Transactions), Senior Associate, Berlin  
Farina Weber (Transactions), Associate, Berlin 
Dr. Christoph Cordes (IP/IT/Data Protection), Associate, Berlin 
Ninetta Kleindienst (Tax), Associate, Munich 

 

 

About us

YPOG stands for You + Partners of Gamechangers. As a leading law and tax firm, YPOG supports founders, investors, companies and funds in Germany and internationally in bringing visionary ideas to life in the tech ecosystem and dynamic future markets.
YPOG advises on the structuring of venture capital and private equity funds, financing rounds and complex transactions, as well as on regulatory and tax matters relating to digital assets and financial innovation. As a strategic partner, YPOG develops practical solutions of the highest legal standard. 
The firm combines legal and tax expertise with legal tech, digital workflows and AI-based systems to provide efficient and scalable advice.
YPOG and its professionals are regularly recognised by JUVE, Chambers and Partners, The Legal 500, Best Lawyers and Leaders League. More than 380 lawyers, tax advisers, tax specialists, one notary and business professionals work for YPOG across its offices in Berlin, Cologne, Hamburg and Munich. 

Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog