SpotAWheel, a digital auto dealer operating in Poland and Greece, has snagged €10 million ($11.9 million U.S.) in debt and equity funding.
The round was led by VentureFriends. Existing investor Velocity Partners and U.S.-based FJ Labs also participated in the funding round.
SpotAWheel will use the investment to further expand across Europe, build up tech infrastructure and increase its workforce. Germany is the first upcoming market in the company’s list of 25 prospective destinations, according to media reports.
SpotAWheel was founded in 2016 as a spin-off of used-car inspection service SpotMechanic.gr. The Athens-based auto dealer offers both b-to-c and c-to-b sales with end-to-end online transactions. It has raised $23 million so far, according to CrunchBase.