CarExpert

CarExpert is an Australian website that provides automotive-related news and car reviews.

History

CarExpert was founded by Anthony Crawford, Alborz Fallah, and Paul Maric as a news publication. They previously founded a similar website named CarAdvice, which was acquired by Nine Entertainment for $30 million. It uses a reverse subscription model in which it charges the car manufacturer for the people that read its car reviews.
In 2021, Channel Seven acquired a minority stake on the website for $4 million. In the same year, CarExpert received the website of the year award. CarExpert also opened its first retail store in 2021.
In 2022, it received $10 million in investment and acquired Price My Car. The website is in process to be publicly listed.
In October 2022, CarExpert announced an investment by gaming billionaire, Laurence Escalante, and also announced an expansion of its operations into Western Australia. Since its foundation, it was mostly active on the East Coast of Australia.
In October 2023, CarExpert announced the results of another $3 million capital raise, valuing the company at $50 million with a $15 million yearly revenue. Investors in this round included gaming billionaire Laurence Escalante and Kerry Stokes' Seven West Media.

Awards and recognition

2021 and 2022: Website of the year
2023: Paul Maric: Commonwealth Bank, Entrepreneur of the Year