MintList (formerly TrafficDriven Technologies)
MintList, founded in 2020 by Mike Wood and Mehrsa Raeiszadeh, emerged as an innovative online platform aimed at transforming the car buying and selling experience. By leveraging artificial intelligence, MintList connected consumers with dealerships, facilitating seamless transactions for used vehicles.
BetaKit
In its early years, MintList achieved significant milestones. In 2021, the company secured strategic partnerships with industry leaders such as Industrial Alliance, RBC, and Carfax. This period also saw the company raise $2.1 million in a seed funding round, which was oversubscribed by 80%, and expand its team to eight employees.
New Ventures BC
The following year, MintList officially launched in British Columbia, capturing 15% of the new car dealer market in the province and achieving a 500% increase in revenue. This growth facilitated expansion into Alberta, solidifying its presence in Western Canada. By 2023, the company had secured over $3 million in additional investment, expanded its team to more than 20 employees, and achieved a 98% dealer retention rate.
New Ventures BC
Despite these accomplishments, recent developments indicate that MintList's website is no longer operational, and its contact number is inactive. The company's social media presence, such as its Instagram account, remains accessible but lacks recent updates.
As of now, there is no official statement regarding the company's current status or the reasons behind the website shutdown and communication issues. Given these circumstances, it appears that MintList may be experiencing operational challenges. For individuals seeking to buy or sell vehicles online, alternative platforms like Dealerhop, Canada Drives and Clutch continue to operate in the Canadian market, offering similar services.
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