Shopicar
- Company typePrivate
- Founded2019
- HeadquartersLaval, Canada
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
Shopicar firmographics
Firmographics- Name
- Shopicar
- Legal name
- Shopicar
- Website
- https://shopicar.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Shopicar industry classification
Industry- Product category
- Online Automotive Marketplace
- NAICS
- General Merchandise Retailers (455)
- SIC
- Retail-Nonstore Retailers (5960)
- akta.pro primary industry
- General Merchandise Online Retailers (CRAFADAA)
Keywords
Where Shopicar is headquartered
LocationHeadquarters
- HQ city
- Laval
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Shopicar business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Vehicle Purchase and Resale: Shopicar purchases vehicles from sellers at negotiated instant-offer prices and resells them through their online marketplace/platform, generating revenue through the margin between purchase price and resale value. The platform facilitates both the buying and selling sides of the transaction.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Shopicar product offering
Product offeringCore offering
Shopicar is an online automotive marketplace in Canada that enables vehicle owners to receive instant market-based valuations and sell their cars through a fully online, self-serve process with secure pickup and fast payment within 1-5 days. The company also operates a Buy Online platform where consumers can browse and purchase vehicles from Shopicar's inventory of 1,890+ used and new cars, with financing options starting at 5.99% weekly for 84 months.
Product overview
Shopicar is an online car buying and selling platform operating in Canada, comprising three integrated services: the Sell My Car service (primary revenue driver) enables vehicle owners to receive instant market-based valuations and sell their cars through a fully online process with secure pickup and payment; the Buy Online platform allows consumers to browse and purchase vehicles from Shopicar's inventory of 1,890+ used and new cars with financing options; and the Inventory Search tool provides searchable catalog functionality with extensive filtering capabilities. The company generates revenue through vehicle trade-in/purchase margins and sales, supporting transactions within 1-5 days with Canada-wide pickup and financing rates starting at 5.99%.
Differentiator
Problem solved
Functional benefit
Products and services
- Shopicar Sell My Car
Quantifiable outcome
- Transaction completion within 1-5 days
- +2 more outcomes
Companies that use Shopicar
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Shopicar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Shopicar partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights5 records
Shopicar competitors and assessment
Company assessmentDirect peers
- Clutch: Canadian online used car retailer offering a 100% online purchase and delivery experience with financing. Operates in the same Canadian instant-offer + inventory-led marketplace category as Shopicar, with overlapping target customers and similar PLG motion.
- Canada Drives: Canadian online car-buying service that provides instant cash offers for used vehicles and home pickup. Direct competitor to Shopicar on the sell side, operating in Western and Eastern Canada with similar instant-valuation, no-negotiation positioning.
Broad incumbents
- CarMax: Largest US used car retailer with omnichannel (online appraisal, in-store inspection, delivery). Comparable business model of buying direct from consumer and reselling at retail with markup, though US-focused and significantly larger scale.
- Carvana: Pure-play online used car retailer known for car-vending machines and home delivery. Highly comparable inventory-led, online-first model to Shopicar's buy-side offering, though operating at vastly greater scale in the US.
- Vroom: US online used car marketplace with home delivery and financing. Operates an inventory-led model similar to Shopicar's Buy Online platform and competes in the same conceptual category (online-only used car retail).
- Kavak: LATAM-headquartered used car marketplace that buys and resells vehicles online with financing. Closest geographic analogue to a PLG, inventory-led online used car retailer at meaningful scale outside the US/Canada.
- AutoTrader.ca: Canada's largest online automotive marketplace (classifieds model rather than inventory-led). Competes for the same buyer attention as Shopicar's inventory and serves as an alternative channel for sellers Shopicar targets.
- carsales.com: Australia's largest online automotive marketplace with classifieds plus dealer and inspection services. Compares to Shopicar as a national online auto platform, though classifieds-led rather than inventory-led.
Emerging players
- Peddle: US-based instant-offer used car buyer with home pickup, focused on the sell side. Direct comparable to Shopicar's Sell My Car product, though narrower (no buy-side inventory platform) and US-only.
Regional players
- Kijiji Autos (eBay): Canadian online classifieds platform with strong auto vertical, owned by eBay. Overlaps with Shopicar as a destination for Canadian car buyers and sellers, though operating a listings model rather than direct purchase/resale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Shopicar social profiles
Digital presenceShopicar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shopicar leadership team
Management profileNumber of profiles
Profiles1 record
Shopicar funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shopicar M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shopicar
What does Shopicar do?
Shopicar is an online automotive marketplace in Canada that enables vehicle owners to receive instant market-based valuations and sell their cars through a fully online, self-serve process with secure pickup and fast payment within 1-5 days. The company also operates a Buy Online platform where consumers can browse and purchase vehicles from Shopicar's inventory of 1,890+ used and new cars, with financing options starting at 5.99% weekly for 84 months.
Is Shopicar a public or private company?
Shopicar is a private company. It is classified as unknown and is currently operating.
When was Shopicar founded?
Shopicar was founded in 2019. It employs 11 to 50 people.
Where is Shopicar based?
Shopicar is headquartered in Laval, Canada, in the North America region.
How does Shopicar make money?
One revenue line is on record: vehicle Purchase and Resale.
Who are Shopicar's main competitors?
Direct peers on record are Clutch and Canada Drives. Broad incumbents are CarMax, Carvana, Vroom, Kavak, AutoTrader.ca and carsales.com. Peddle is listed as an emerging player. Kijiji Autos (eBay) is listed as a regional player.
Does Shopicar have an API?
No public API is recorded for Shopicar.
What industry is Shopicar in?
Shopicar's product category is Online Automotive Marketplace. Its primary akta.pro industry code is CRAFADAA, General Merchandise Online Retailers. Its NAICS code is 455 and its SIC code is 5960.