CARPROOF

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

CARPROOF Vehicle History Reports 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[13]
2012 Canada's 50 Best Managed Companies[14]
London, Ontario's Large Business of the Year[15]
Deloitte’s Technology Fast 50TM[16]
Deloitte’s Technology Fast 500TM[17]
2013 Canada's 50 Best Managed Companies[18]
Deloitte’s Technology Fast 50TM[19]
Deloitte’s Technology Fast 500TM[20]
2014 Canada’s 50 Best Managed Companies[21]

See also

References

  1. ↑ http://www.lfpress.com/money/businessmonday/2012/03/11/19489061.html
  2. ↑ http://www.newswire.ca/en/story/1452235/carproof-names-ed-woiteshek-ceo-paul-antony-to-continue-as-chairman
  3. ↑ https://www.carproof.com/docs/default-source/press-releases---english/carproof-reveals-next-generation-vehicle-valuation-tool-at-client-advisory-board-meeting.pdf?sfvrsn=10
  4. ↑ "Lucrative local firm sold for $650M". The London Free Press. Retrieved 2015-12-31.
  5. ↑ http://www.carproof.com/order
  6. ↑ http://www.carproof.com/order
  7. ↑ http://www.newswire.ca/en/story/1103269/carproof-launches-a-game-changing-fraud-screening-tool-for-vehicle-insurance
  8. ↑ http://caasco.com/membership-savings/caa-savings-rewards/index.jsp#carproof
  9. ↑ http://www.pehub.com/2013/08/19/hellman-friedman-buys-minority-stake-carproof/
  10. ↑ http://www.deloitte.com/view/en_ca/ca/0596813796104210VgnVCM100000ba42f00aRCRD.htm
  11. ↑ http://www.deloitte.com/view/en_ca/ca/89b73e963203b210VgnVCM2000001b56f00aRCRD.htm
  12. ↑ http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_Deloitte%202011%20Technology%20Fast%20500%E2%84%A2.pdf
  13. ↑ http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_Deloitte%202011%20Technology%20Fast%20500%E2%84%A2.pdf
  14. ↑ http://www.deloitte.com/view/en_CA/ca/pressroom/ca-pressreleases-en/492a63797be95310VgnVCM2000001b56f00aRCRD.htm
  15. ↑ http://www.lfpress.com/news/london/2012/03/21/19533386.html
  16. ↑ http://www.deloitte.com/assets/Dcom-Canada/Local%20Assets/Documents/TMT/ca_en_tmt_Fast%2050%20Winners%20list_032713.pdf
  17. ↑ https://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_020713.pdf
  18. ↑ https://www.canadas50best.com/en/meetourwinners/Pages/2012winners.aspx
  19. ↑ http://www.deloitte.com/assets/dcom-canada/local%20assets/images/infographics/technology-fast-50-winners/
  20. ↑ http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_110713.pdf
  21. ↑ https://www.canadas50best.com/en/meetourwinners/Pages/Requal.aspx

External links

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