Expansion in European markets fuels carVertical results in 2025 – what’s next?

2025 marked a strong year for carVertical, with revenue growing by 40% and reaching €75.8 million, up from €53.9 million in 2024.

Our performance was driven by expansion into new markets, continuous product development, and growing demand for data-driven solutions among both consumers and businesses. As the role of data in the used car market continues to grow, we’re scaling our operations to meet that demand.

Scaling beyond borders

carVertical’s growth is the result of steady expansion across multiple regions. In recent years, we strengthened our position in Central Europe, with Poland becoming one of the fastest-growing markets. At the same time, we continued expanding in Western Europe, including France, Germany, Italy, and the United Kingdom.

carVertical is also active in Nordic countries, adapting our solutions to local market needs.

Across many of these regions, growth ranged from 40% to 256%, highlighting strong demand in very different markets.

In 2025, we entered 6 new markets: Ireland, Austria, Moldova, New Zealand, Bosnia and Herzegovina, and the Netherlands.

Car reports are getting smarter – here’s how

Vehicle history reports are no longer just about checking past records. Today, buyers expect tools that help them understand and evaluate a car before making a decision.

These improvements were introduced as part of last year’s product updates, significantly expanding what a vehicle history report can offer. Today, carVertical reports include:

• insights into previous owners’ driving habits
• a detailed overview of how a car’s price has changed over time
• forecasts of future vehicle value
• mileage prediction, estimating the car’s likely current mileage

The driving habits feature, for example, highlights periods when a car was used more intensively. This helps buyers understand not just how far a vehicle has traveled, but how it has actually been used.

As the market evolves, access to high-quality data is becoming critical.

In 2025, carVertical surpassed a key milestone, reaching over 1,000 global data sources, including registries, law enforcement databases, financial institutions, and classifieds platforms.

This allows us to provide more accurate and detailed insights, helping reduce fraud risks and improve transparency in the used car market.

Strong B2B growth reflects industry demand

The shift toward data-driven decisions is especially visible in the B2B segment. carVertical’s B2B revenue has grown rapidly, increasing by 47% in 2023, 101% in 2024, and 83% in 2025.

Across different markets, growth has been particularly strong, often reaching triple-digit increases. In some cases, it exceeded 300% and even 900%, showing how quickly businesses are adopting data solutions.

This growth is further supported by a significant number of partnerships we signed across multiple markets, helping integrate vehicle data directly into business operations.

As carVertical continues expanding and improving its products, vehicle history reports are likely to become even more detailed and predictive. The goal remains the same: help buyers and businesses avoid bad deals and make better decisions in an increasingly complex market.