CarProof

CarProof
Industry Information Technology Services
Founded 2000
Headquarters London, Ontario, Canada
Products Vehicle history reports
Website carproof.com

CarProof Vehicle History Reports (stylized CARPROOF) is a Canadian provider of vehicle history reports used by consumers and businesses when purchasing pre-owned vehicles.

History

CarProof was created in 2000 and is based in London, Ontario. Paul Antony, the co-founder and Chairman of the Board at CarProof, recognized through his experience running a car dealership that no service existed for a cross-Canada lien search on used cars. He, along with a team of founders, created CarProof to provide Canadians who are buying or selling used cars with accurate details about a vehicle’s history as well as lien information.[1] The President and CEO of CarProof is Ed Woiteshek.[2] Recent news releases indicate that CarProof is creating and launching new products and is poised to become a multi-product company.[3] In December 2015, CarProof was purchased by IHS Inc for 650 million.[4]

Product and services

CarProof offers two different vehicle history reports, which are available in French and English: CarProof Verified and CarProof Claims.

CarProof Verified is the most comprehensive report available in Canada. It includes: accident data, unfixed safety recalls, import and export data, registration and branding information, full U.S. history and lien information. [5]

CarProof Claims is a good choice for consumers that already know the vehicle’s lien information. This report does not include lien information but does include: accident data, unfixed safety recalls, import and export data, registration and branding info and full U.S. history. [6]

Beginning in 2013, CarProof has also been working on expanding into the insurance and claims industry to provide services and products to these sectors.[7]

Partners

In addition to being used by consumers, CarProof is also a resource for Canadian car dealers, major car manufacturers, lenders and insurers, provincial governments, auto auctions, law enforcement agencies and the Canadian Automobile Association.[8]

In August 2013, CarProof announced that it sold a minority stake to Hellman & Friedman, a San Francisco-based private equity investment firm. As a result of this partnership, CarProof plans to grow the company and continue expansion plans into new markets.[9]

Awards

Year Award
2009 Deloitte’s Technology Fast 50TM[10]
2010 Deloitte’s Technology Fast 50TM[11]
2011 Deloitte’s Technology Fast 50TM[6][12]
Deloitte’s Technology Fast 500TM[12]
2012 Canada's 50 Best Managed Companies[13]
London, Ontario's Large Business of the Year[14]
Deloitte’s Technology Fast 50TM[15]
Deloitte’s Technology Fast 500TM[16]
2013 Canada's 50 Best Managed Companies[17]
Deloitte’s Technology Fast 50TM[18]
Deloitte’s Technology Fast 500TM[19]
2014 Canada’s 50 Best Managed Companies[20]

See also

References

  1. "Automobile reporting firm born from fraud case | The London Free Press". Lfpress.com. Retrieved 2016-10-24.
  2. "CarProof Names Ed Woiteshek CEO, Paul Antony to continue as Chairman". Newswire.ca. 2014-11-25. Retrieved 2016-10-24.
  3. "Archived copy" (PDF). Archived from the original (PDF) on 2015-01-12. Retrieved 2015-01-12.
  4. "Lucrative local firm sold for $650M". The London Free Press. Retrieved 2015-12-31.
  5. "Order a Vehicle History Report". Carproof. Retrieved 2016-10-24.
  6. "Order a Vehicle History Report". Carproof. Retrieved 2016-10-24.
  7. "CarProof Launches a Game-Changing Fraud Screening Tool for Vehicle Insurance". Newswire.ca. 2013-01-23. Retrieved 2016-10-24.
  8. "CAA Benefits & Rewards | CAA Dollars - CAA South Central Ontario". Caasco.com. Retrieved 2016-10-24.
  9. Beltran, Luisa (2013-08-19). "Hellman & Friedman Buys Minority Stake in CarProof". PE Hub. Retrieved 2016-10-24.
  10. 1 2
  11. "Archived copy". Archived from the original on 2014-02-26. Retrieved 2012-04-13.
  12. "Celebrating city's best | The London Free Press". Lfpress.com. Retrieved 2016-10-24.
  13. "Archived copy" (PDF). Archived from the original (PDF) on 2013-08-19. Retrieved 2013-11-21.
  14. "Archived copy" (PDF). Archived from the original (PDF) on 2013-08-12. Retrieved 2013-11-21.
  15. "Archived copy". Archived from the original on 2014-06-19. Retrieved 2014-05-01.
  16. "Archived copy". Archived from the original on 2014-10-06. Retrieved 2013-11-19.
  17. "Archived copy" (PDF). Archived from the original (PDF) on 2014-10-03. Retrieved 2014-08-26.
  18. "Archived copy". Archived from the original on 2014-06-18. Retrieved 2008-08-19.

External links

This article is issued from Wikipedia - version of the 11/14/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.