Pickoto

Online Marketplace for Automobile Sales

Business Software
Private
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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 $500,000 across one funding round from one investor. In August 2023, Pickoto secured seed funding to advance its digital marketplace for automobile sales.

Business overview

Pickoto operates an online marketplace designed to streamline automobile sales by eliminating the need for traditional dealership visits. The company provides an intuitive platform with tailored suggestions for buyers, alongside secure payment and transaction systems to ensure a seamless experience. Pickoto primarily serves the automotive market within the Business Software sector, focusing on e-Commerce Tools and Platforms & Interfaces for both B2B and B2C customers, particularly car owners and drivers in Israel.

Strategic signal

In August 2023, Pickoto successfully raised $500,000 in seed funding. This capital injection, secured from Pango, signals investor confidence in Pickoto's model for digitizing the used car market, suggesting a strategic validation of its approach to online automobile sales and its potential for market penetration in Israel.

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Company Intelligence Q&A

When was Pickoto founded?
Pickoto was founded in January 2023.
Who are the founders of Pickoto?
Pickoto was founded by Gilad Arditi, Omer Lahat, and Yahav Winkler.
What is Pickoto's primary business model?
Pickoto operates with both B2B and B2C business models, facilitating automobile sales through its digital marketplace.
What was a significant funding event for Pickoto?
In August 2023, Pickoto raised $500,000 in a seed funding round from Pango, an Israeli mobile parking and payment solutions company.
What is Pickoto's main product?
Pickoto's main product is its digital marketplace platform, also named Pickoto, designed for online automobile sales.
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