Neha Patil (Editor)

CarProof

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Website
  
carproof.com

Headquarters
  
London

Founded
  
2000

CarProof httpslh3googleusercontentcom9gBMzfEp314AAA

Industry
  
Information Technology Services

Products
  
Vehicle history reports

Profiles

Vehicle history report carproof com the canadian alternative to carfax 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.

Contents

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. The President and CEO of CarProof is Ed Woiteshek. Recent news releases indicate that CarProof is creating and launching new products and is poised to become a multi-product company. In December 2015, CarProof was purchased by IHS Inc for 650 million.

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.

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.

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

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.

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.

References

CarProof Wikipedia