CarExpert co-founder Paul Maric has taken out the prestigious Entrepreneur of the Year award at this week’s 2023 CommBank Young Hero Awards.
CarExpert.com.au was nominated in the “Startup of the Year” and “Entrepreneur of the Year” categories at the 2023 CommBank Young Hero Awards.
The awards recognise achievements in the small business space and reflect the tenacity and strength of the teams that drive startups with entrants aged 35 and under eligible to enter.
The win comes on the back of CarExpert surpassing 4.0 million Australian visits within a 28-day period (as of 19th of May) for the very first time, putting it ahead of competitors according to industry analytics tool SimilarWeb.
Australia’s leading new-car only marketplace has increased its audience reach substantially since the beginning of 2023 as it continues to invest in content, people, technology, product, and culture.
“I’m genuinely humbled to be awarded Entrepreneur of the Year. None of this would be possible without our incredible staff and founding team. Our team works relentlessly to be the best and I can’t thank them enough for all the hard work they do and the belief they have in our vision,” said Paul Maric.
CarExpert co-founder Alborz Fallah said: “Paul has been instrumental to the success of CarExpert with our YouTube channel having more subscribers and more monthly views than any of our competitors. His tenacity and our whole team’s willingness to persist, get up when knocked down and continue to fight for our success every single day, is why we are here today, and this award recognises the whole business.”
The award comes on the back of Alborz Fallah and Paul Maric being named in the top 100 Young Entrepreneurs in Australia late last year (position 49).
Significant investment in new people, technology, product, and culture now sees CarExpert.com.au employ 47 full time staff across Brisbane, Melbourne, and Sydney with dozens of additional hires yet to come. The business has also seen revenue more than triple from the same period last year.
CarExpert is founded by Alborz Fallah, Paul Maric, and Anthony Crawford, the founders behind CarAdvice (now Drive). It’s led by CEO Damon Rielly, the previous CEO of ASX listed iCar Asia which sold last year for more than $200 million USD.
CarExpert is backed by significant investment from the likes of Seven West Ventures, in addition to a multi-billion dollar Asian-based corporation, and Australian billionaire and one of Australia’s largest car collectors, Laurence Escalante.
The CarExpert board consists of high-profile entrepreneurs and auto industry experts including the likes of Nikki Warburton.
* Figures from SimilarWeb.com