AutoUncle

AutoUncle is a web search engine founded in 2010 by the two brothers Johan and Niels Kristian.
The valuation technology
AutoUncles business is centered on a valuation technology for used cars, that differs from many other existing used car valuation technologies. The algorithm calculates the cars price statistically based on current market for the particular car. This is different from many other technologies which is typically based on a depreciation model based on the cars sales price "as new", deprecated by age, milage, and wear. The valuation technology has proven to be accurate enough to be used by the Danish TAX authority ()
The name
AutoUncle’s name is a concatenation of "Auto" and "Uncle". The first part references the fact, that AutoUncle is a vertical search engine for cars. The second part of the word Uncle symbolizes the notion of a "helping uncle (relative)" that would guide you in the process of buying a used car. Together they also references the idea of AutoUncle being an "auto"-mated Uncle. A computer that helps you in an unbiased way, stripped from feelings and precautions.
The logo
The logo resebles the front of a car mixed with the notion of a smiling face.
History
AutoUncle was founded in 2010 by the two brother Johan and Niels Kristian. The idea sprung out of their interest for both cars and statistics. AutoUncle was meant to be the a help for the consumer ″clear the way through the used-car jungle″ as the companys tagline says. AutoUncle participated in Startupbootcamp in Copenhagen back in 2010. AutoUncle has received several rounds of funding. The first was an angel funding back in 2011
Countries
* Denmark (2010)
* Sweden (2011)
* Germany (2012)
* Italy (2012)
* Autstria (2012)
* Poland (2013)
* Spain (2013)
* Portugal (2013)
* Finland (2014)
* Romania (2015)

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See Also

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