The people
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About
Mike Wood spent his career in dealerships and wrote the business plan three years before meeting Mehrsa Raeiszadeh at a car rally in 2019. They launched in 2020. Because the sale runs through a dealer, a seller can apply the vehicle as a trade-in and pay sales tax only on the difference. The company raised a $2.1M seed in 2021 and a $3M+ round in 2023.
Backers
Creative Destruction Lab SuperSession, New Ventures BC, angel investors
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Quick answers
What does MintList do?
It lets a consumer list a used vehicle and have dealers bid on it, rather than the consumer shopping dealer to dealer.
Who founded MintList?
Mike Wood, a career auto retailer, and Mehrsa Raeiszadeh, a Georgia Tech chemical engineering PhD. They met at a car rally in 2019 and launched in 2020.
What has MintList won?
First place in the 2021 New Ventures BC competition, Car Buying App of the Year from AutoTech Breakthrough, and a Stevie for Tech Startup of the Year (Software).