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Aziz · Saif   Investor Research
Report 17 · Automotive · Mobility

Used-EV Marketplace & Battery Health Certification
Solving the #1 friction in used-EV resale: battery uncertainty

Region: Europe · UK · GCC pilot Stage: Series A Ask: $10M (Series A)

Investor Dashboard

Key financial KPIs at a glance — % against revenues in QuickBooks-statement style.

Y1 Revenue
$4.2M
Initial scale
Y3 Revenue
$22M
↑ Year-3 target
Y5 Revenue
$85M
↑ Year-5 target
Gross Margin
64%
% vs Revenue
EBITDA Margin
10%
% vs Revenue
CAC Payback
9 mo
Time to recoup
LTV / CAC
3.8x
Unit economics
Capital Ask
$10M
Series A

Revenue Mix · % of Top Line

Cost Structure · % of Operating Cost

Use of Funds · % of $10M Raise

Problem & Solution

Solving the #1 friction in used-EV resale: battery uncertainty

The Problem

Used EVs are projected to be 40% of European car transactions by 2028, but the market is broken — buyers won't pay without verified battery health, sellers can't extract fair value, and dealers refuse trade-ins they can't price. Result: $14B/yr of EV value is stranded annually as cars sit on lots or sell at deep discounts.

Our Solution

A two-sided marketplace combining (1) a proprietary 12-minute battery health certification (89% accuracy vs OEM data, no dealer integration required), and (2) a transparent C2C/B2C marketplace where buyers see verified battery scores, range estimates, and 5-year residual value forecasts.

Market Opportunity

$180B Used-EV Market by 2030 addressable today

European used-EV transactions growing 65% YoY through 2028 · structurally underserved

Battery cert: $89 per scan (consumer) or $39 (dealer wholesale). Marketplace: 2.5% transaction fee on cars sold + $199 listing premium. Future: warranty insurance product (15% gross margin).

Financial Statements · % vs Revenue

QuickBooks-style readout — every line shown as percentage of its parent total.

Revenue Mix

Revenue Stream% of RevenueShare
Battery Certifications45.0%45%
Marketplace Transaction Fees30.0%30%
Listing & Premium Subscriptions15.0%15%
Warranty / Insurance10.0%10%
Total Revenue100.0%100%

Cost Structure

Cost Line% of CostShare
Engineering & Battery AI30.0%30%
Marketing & Acquisition25.0%25%
Dealer Partnerships & Ops18.0%18%
Cloud & Data12.0%12%
Customer Support8.0%8%
G&A7.0%7%
Total Operating Cost100.0%100%

Use of Funds — $10M Raise

Allocation% of RaiseShare
European Expansion (FR · IT · ES)35.0%35%
Engineering & AI Accuracy25.0%25%
Dealer Network Build-Out20.0%20%
Marketing & Brand15.0%15%
Compliance & Legal5.0%5%
Total Use of Funds100.0%100%

Traction & Proof Points

Moat & Exit Strategy

Defensible Moat

Battery cert dataset is the largest non-OEM in Europe — accuracy compounds with every scan. Two-sided marketplace network effects: more verified cars → more buyers → more dealers → more cars. OEM partnership pipeline as automakers see the cert standardizing the used market.

Exit Path

Strategic acquisition by a used-car marketplace (Auto Trader, Cazoo successor, AutoScout24) or OEM seeking aftermarket data, or IPO at €500M+ revenue within 6–8 years.

Key Risks