Zoooom is a peer‑to‑peer car marketplace that connects verified buyers and sellers directly, eliminating dealer markups and broker fees. Every user undergoes bank‑grade KYC, and each listing includes a VIN‑verified digital garage with service history, recall alerts, and OCR‑processed receipts, enabling transparent transactions backed by escrow and pre‑approved financing. The platform also offers tools such as automatic NHTSA recall notifications and a searchable network of certified mechanics.
Funding
Funding not disclosed
Founders
Product
Problem
Buyers and sellers in the used‑car market often face hidden risks such as odometer fraud, undisclosed damage, and inflated dealer markups, while private‑party transactions lack reliable verification and streamlined payment processes.
Solution
Zoooom provides a peer‑to‑peer car marketplace that connects only bank‑grade KYC‑verified buyers and sellers, ensuring each participant’s identity is verified before any communication. Every listing includes a VIN‑validated service history stored in a free digital garage, giving buyers full visibility into maintenance, repairs, and safety‑recall alerts. Transactions are secured with escrow that releases funds only after the title transfer is confirmed, and the platform offers pre‑approved peer‑to‑peer financing to accelerate deal closure. By removing dealers, consignment fees, and broker margins, Zoooom lets sellers retain more proceeds and buyers avoid dealer markups, typically completing sales in about a week.
Target Audience
Primary users are private car owners looking to sell or buy used vehicles, including individuals with single cars, small fleets, or project cars, who want a secure, fee‑transparent transaction experience.
Features
- Bank‑grade KYC identity verification for all users to prevent fraud
- VIN‑based vehicle decoding and service‑history aggregation in a free digital garage
- OCR‑driven receipt and invoice upload that automatically matches documents to mileage
- Automatic daily NHTSA recall alerts linked to each vehicle’s VIN
- Escrow‑backed payment flow that disburses funds only after title transfer verification
- Flat $100 transaction fee (instead of percentage‑based dealer fees)
- Integrated peer‑to‑peer auto financing with pre‑approved lender partners
- Marketplace tools such as wishlists, side‑by‑side comparisons, and certified‑mechanic referrals