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
Kontakt
About us
YPOG stands for You + Partners of Gamechangers – forward-thinking legal and tax advice. Supporting companies that are focused on emerging technologies, YPOG embraces change as an opportunity to develop cutting-edge solutions. The YPOG team offers comprehensive expertise in the areas of Funds, Tax, Transactions, Corporate, Banking, Regulatory + Finance, IP/IT/Data Protection, Litigation, and Corporate Crime + Compliance + Investigations. YPOG is one of the leading law firms in Germany for venture capital, private equity, fund structuring, and the implementation of distributed ledger technology (DLT) in financial services. Both the firm and its partners are regularly recognized by renowned national and international publications such as JUVE, Best Lawyers, Chambers and Partners, Leaders League, and Legal 500. YPOG is home to more than 150 experienced attorneys, tax advisors and tax specialists as well as a notary, working across offices in Berlin, Hamburg, Cologne, and Munich.
Further information: www.ypog.law/en/ and www.linkedin.com/company/ypog