On June 21, 2022, Autozen announced it had secured $5.1 million in its seed financing round, which was led by Vanedge Capital with participation from Anges Québec. With this all-equity, all-primary capital financing, Autozen plans to expand across North America and enter into new markets in Toronto, Calgary, Edmonton, and the Greater Seattle Area in the United States.
Autozen, founded in 2020, is a Vancouver-based start-up that provides an online marketplace for cars designed to enable vendors to sell their vehicles.
Osler, Hoskin & Harcourt LLP advised Autozen with a team consisting of Justin Young, Sylvia Rowat (Emerging and High Growth Companies), and Ian Morrison (Corporate).