Neostar Platform: 35 Million Kuna Put into Croatian Startup’s Idea

Lauren Simmonds

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As Poslovni Dnevnik writes, the Croatian Neostar platform is a new platform for selling, buying and maintaining vehicles. Namely, used vehicles can be advertised and sold free of charge for all legal and natural persons, and customers get a transparent insight into the condition of the vehicle, because the innovative Neostar platform inspects as many as sixty key points, and there is additional security when making a purchase because all of the listed vehicles have either factory or Neostar platform warranty.

Behind the domestic Neostar platform is the Croatian startup Neostar d.o.o., and more than 35 million kuna has been invested in its very development. The long-term goal of the Neostar platform is to attract new investors and investments in order to enable further development of the platform as well as make confident steps into other markets.

“The automotive industry as a whole, and thus the car trade globally, isn’t among the leaders when it comes to digital transformation, but we can say that it’s even actually lagging behind in this area.

According to previous experience with online sales of new and used vehicles, we’ve seen room for the consolidation and digitalisation of services not only locally but also globally. That is why we launched the startup Neostar which based in Croatia, but has global ambitions. We see the launch of the Neostar platform on the Croatian market as just the very first step. According to the innovation we’re bringing to this market segment, we can say that we’re a kind of AirBnb for used vehicles,” said Dimitrije Trbovic, President of the Management Board of Neostar.

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