BalCar Overview
BalCar provides online car inspections. It aims to mitigate the risk of buying a used car with costly hidden problems and help customers purchase a car with confidence.
Cumulative Funding Raised Over Time ($)
$4.5MFeb 2021
Latest News
growth-negative
בעיות ישנות בעטיפה חדשה: מה תוקע את השינוי בשוק המכוניות המשומשות?
The article discusses the challenges in the used car market in Israel. Despite the entry of new players, such as Zapp, there is still a significant information gap in the market. The article highlights the difficulties faced by consumers in making informed purchasing decisions due to the lack of reliable information. The high prices, lack of promotions and discounts, and long waiting times do not deter Israelis from buying new cars. The article suggests that buying a new car is one of the worst economic decisions one can make, but Israelis are still queuing up to purchase new cars. The article raises concerns about the state of the used car market and the lack of transparency in the industry.
Customers
growth-positive
הסטארט-אפ שיבדוק בשבילכם - מה מצבו האמיתי של הרכב המשומש?
A new startup in Israel, בלק"ר, is offering a service similar to Carfax in the United States. For a fee, the company will provide a report on the history of a used car and its previous owners. The company uses business intelligence, big data, and artificial intelligence to compile these reports. This service aims to provide transparency and assurance to potential buyers of used cars.
Customers
| Sector | Retail Platforms |
Funding
| Total funding | $4.5M |
| Last funding | $4.5M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 0 |
Team Members
3
Employees: 1-10
Web & Social Links
| Website | balcar.co.il |
| Careers | Careers page |
Locations
HaTidhar Street 15, Ra'anana, Israel
Photos & Videos
No files yet
BalCar Business
Business models
B2C
Product stage
Released
Employees
1-10
Sector
Retail PlatformsGoodsTarget Customer
ConsumersTransportation & MobilityCar OwnersCore Technology
Platforms & InterfacesWebTags (2)
transportationmarketplaceBalCar Financials
$4.5M
Total funding
Undisclosed
Capital raised
$4.5M
Last funding
Seed
Funding stage
1
Total rounds
0
Investors
Cumulative Funding Raised Over Time ($)
$4.5MFeb 2021
Private Equity Funding
Seed
Feb 2021
$4.5M
BalCar Lifecycle
Cumulative Funding Raised Over Time
$4.5MFeb 2021
All Events
Seed
Feb 2021
$4.5M
BalCar News
2 articles
growth-negative
בעיות ישנות בעטיפה חדשה: מה תוקע את השינוי בשוק המכוניות המשומשות?
The article discusses the challenges in the used car market in Israel. Despite the entry of new players, such as Zapp, there is still a significant information gap in the market. The article highlights the difficulties faced by consumers in making informed purchasing decisions due to the lack of reliable information. The high prices, lack of promotions and discounts, and long waiting times do not deter Israelis from buying new cars. The article suggests that buying a new car is one of the worst economic decisions one can make, but Israelis are still queuing up to purchase new cars. The article raises concerns about the state of the used car market and the lack of transparency in the industry.
Customers
growth-positive
הסטארט-אפ שיבדוק בשבילכם - מה מצבו האמיתי של הרכב המשומש?
A new startup in Israel, בלק"ר, is offering a service similar to Carfax in the United States. For a fee, the company will provide a report on the history of a used car and its previous owners. The company uses business intelligence, big data, and artificial intelligence to compile these reports. This service aims to provide transparency and assurance to potential buyers of used cars.
Customers
BalCar Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 2 |
| Team members | 3 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 8 classification IDs that could be used for matching.
BalCar Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 81/100 |
| Missing | tags, description, video or image, markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 516214673 |
| Creator | Eliran Chayo |
| Creator email | eliranchayo3@gmail.com |
| Last updater | Eliran Chayo |
| Updater email | eliranchayo3@gmail.com |
| Last update | 2021-10-24T00:00:00.000Z |
| Created | 2021-10-24T00:00:00.000Z |
| Claimed | Yes |