All Brands Owned by CV Group (carVertical)

Is CV Group a public company?

No. CV Group, which operates carVertical, is a privately held Lithuanian company. It does not trade on any stock exchange and is controlled by its founding team.

Who owns carVertical?

carVertical is owned and operated by CV Group, the private company its founders established in Vilnius. Co-founders Rokas Medonis, Audrius Kucinskas, Arnas Vasiliauskas, and Robertas Boravskis built the business and remain in leadership roles, with Medonis as CEO.

How does carVertical make money?

The company sells per-report vehicle history checks to consumers and subscription or API data access to businesses. It aggregates records from more than 1,000 sources including national registries, insurers, law enforcement, and classifieds, and compiles them into per-VIN reports.

What was carVertical's revenue in 2025?

Revenue reached EUR 75.8 million in 2025, up 40% from EUR 53.9 million in 2024, with net profit of EUR 13.2 million. B2B revenue grew 83% year on year.

Did carVertical do an ICO?

Yes. In January 2018 the company raised approximately EUR 16 million through an initial coin offering of the CV token to fund the build-out of its vehicle data platform. Token buyers did not receive equity, and the company has since operated on conventional revenue.

Where is CV Group based?

The company is headquartered in Vilnius, Lithuania, where the founding team is based. Its service operates in 37 markets across Europe, North America, and Oceania.