# Online Auto Sales

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/online-auto-sales

- Industry: Internet
- Headquarters: London, UK
- Website: www.tootle.co.uk
- Total disclosed funding: $6.3M
- Latest round: Series A (Sep 27, 2017)
- Investors on record: 1

## About

Online Auto Sales Ltd is a digital platform specializing in the sale of automobiles, providing a straightforward solution for consumers and businesses to buy and sell vehicles online.Founded in 2015 and headquartered in London, UK, Online Auto Sales Ltd operates as a digital marketplace for automobiles. The company has undergone no significant pivots or changes in its business strategy since its inception. The most recent funding round occurred on September 27, 2017, when the company raised GBP 2.5 million in a Series A financing led by Salica Investments. Total amount raised to date stands at GBP 2.5 million, with 2 recorded deals.Tootle.co.uk specializes in offering a range of domain names that are easy to remember and highly brandable, catering primarily to businesses and individuals looking to establish a unique online presence. Their key offerings include domain registration and management services that enable clients to secure memorable web addresses for their digital ventures. Tootle.co.uk targets small to medium-sized enterprises, startups, and individuals, providing services that address online visibility challenges. Geographically, they serve markets in the UK, Europe, and potentially North America.Tootle.co.uk generates revenue primarily through domain registration services, alongside domain transfers and renewals. Clients can acquire domain names for a set period, with pricing plans reflecting the market value of each domain. The company may partner with web hosting providers to bundle services, which expands revenue streams. Their flagship products include premium domain names that command higher price points. Revenue from these transactions is derived from direct sales agreements between Tootle.co.uk and its clients, ensuring an efficient process for securing digital assets.Online Auto Sales Ltd plans to leverage its recent Series A funding of GBP 2.5 million, raised on September 27, 2017, to enhance its platform and expand its offerings. The company is focused on increasing its presence in the UK market while exploring opportunities in Europe and North America. Plans for upcoming product launches are in development but specific release dates have not yet been disclosed. The funding will support these initiatives and assist in enhancing service delivery and customer engagement.

## Funding rounds

- Series A, Sep 27, 2017, $3.3M — Salica Investments
- Seed, Nov 18, 2015, $3M — Salica Investments

## Investors

- Salica Investments (https://capitalatlas.ai/funds/salica-investments) — Seed, Series A