MintList is a Vancouver-based technology company founded in 2020 by Mike Wood and Mehrsa Raeiszadeh. The company operates an AI-powered online marketplace that facilitates buying, selling, and trading vehicles. Its platform connects individual car owners with dealerships through a competitive auction model, allowing consumers to receive multiple offers within 30 minutes and providing dealers access to vetted inventory.
The flagship offering includes an AI-driven valuation and auction platform that generates real-time vehicle valuations and markets cars to dealerships. MintList also offers trade-in solutions, enabling sellers to apply auction proceeds toward purchasing another vehicle from any dealer on the platform. Additionally, the company provides dealer tools that automate inventory acquisition and enhance sales processes.
MintList has experienced significant growth, expanding its team and securing $2.76 million in seed funding in 2022. The company serves individual car owners and automotive retailers across Canada, the US, and UK markets, positioning itself within the global used car market valued over $1 trillion.