news July 7th, 2016 ASV adds a new investment in its early

AXA STRATEGIC VENTURES
PRESS RELEASE
PARIS, 7 JULY 2016
AXA Strategic Ventures invests in Autolina.ch AG, a car trading
platform in Switzerland.
AXA Strategic Ventures (ASV) adds today a new company in its Early Stage portfolio in Europe: Autolina.ch, a
Swiss start-up that developed an automated B2B, B2C and C2B technology dedicated to car dealers.
The investment will allow Autolina.ch to develop new products and services as part of a mobility ecosystem and
accelerate its commercial development in Switzerland and outside of its domestic market.
There are approximately 1 million cars advertised, bought and sold in Switzerland every year. 70% to 80% of them are sold
or procured online, making Internet the most used sales channel. AXA Winterthur wants to position itself on this market by
creating a major mobility ecosystem.
Autolina.ch AG, founded in 2015 in Switzerland, is one of the first strategic partners to build this ecosystem. Indeed, the
founders of the company have been in this business for many years and have built a strong network in this country.
Moreover, the online platform is a significant lead generator as it generates high user traffic. It offers at this stage four types
of services: a B2C marketplace on which car dealers can sell the exact type of cars desired by the customer; a C2B business
through which individual customers can sell their car to car dealers on an auction basis; a B2B exchange market to ease the
exchanges between car dealers; a job marketplace on which car dealers can post their job offers.
Part of the funds will be allocated to extend Autolina’s activities. The platform is an important pillar to build the future
ecosystem. Besides that, autolina.ch as a cooperation partner is involved in building and operating the new “DriveAgain”
service. It is an online garage service, which provides quotes for repairs based on specification put in by the customer.
DriveAgain is a good opportunity to ease the process for customers but also lower the cost of auto repair and car insurance.
“Following last year's successful market launch of Autolina.ch, our next goals are to achieve a lasting market presence in
Switzerland in addition to expanding abroad. The investment by AXA Strategic Ventures offers us valuable support in
implementing these plans, commented Ibrahim Yildiz, CEO Autolina.ch. We are convinced that, with AXA Group, we have
found the right partner, and we are looking forward to working together to further develop Autolina.ch.”
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“We mainly want to invest in Autolina.ch in order to develop a build-up around car ecosystems in services that we can scale
outside Switzerland throughout Europe, said Minh Q.Tran, General Partner, AXA Strategic Ventures. We also look for startups dealing with garage owners, spare parts, telematics, … Autolina.ch represents for us the perfect platform to grow other
services. ”
About Autolina.ch AG
Autolina.ch was founded in 2015. Specialized in car trading, the platform gives car dealers the possibility to sell and buy
vehicles. Benefiting from a good network in Switzerland, it eases the car selling or exchange processes and can provide
adequate specialists in automobile business. Autolina.ch carries online vehicle advertisements offering exclusive functions.
From its current total of 115,000 ads, Autolina.ch aims to become the biggest portal for vehicle advertisements within the
next 12 months.
For more information: www.autolina.ch, / contact : [email protected]
ABOUT AXA STRATEGIC VENTURES
AXA Strategic Ventures (ASV) is the venture capital business of AXA, the leading global insurer. ASV has a €230m fund and can invest up to €15m ($17m)
equity across both seed and growth capital. Sectors of focus are those relevant to the insurance and asset management industries such as enterprise
technologies, fintech as well as consumer technologies and marketplaces in travel, health, auto or property related businesses. North America, Europe and the
Middle East are the initial focus geographies with local teams in San Francisco, New York, London and Paris.
More information about AXA Strategic Ventures: http://www.axastrategicventures.com and https://www.youtube.com/watch?v=zsxI0JKQJnk
THIS PRESS RELEASE IS AVAILABLE ON THE AXA GROUP WEBSITE
www.axa.com
AXA Strategic Ventures:
Sébastien Loubry: [email protected]
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