Auto1 Group GmbH announced that it has received €360 million in series E round of funding led by new investor Princeville Global in beginning of the year 2017. The company issued equity and debt in the transaction. The transaction involved participation from investors including Baillie Gifford & Co. ,DST Global, and Target Global. As a part of the round, Emmanuel DeSousa, Managing Partner of Princeville Global joined the company’s board of directors. The lenders JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS), Barclays PLC (LSE:BARC), Citigroup Inc. (NYSE:C), BNP Paribas SA (ENXTPA:BNP), and BHF-Bank Aktiengesellschaft also participated. The funding was raised at post money valuation of €2.5 billion. The company reported revenue of €1.5 billion for the year ending on December 31, 2016. Princeville Global invested €75 million in the transaction.