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CarExpert wins CommBank entrepreneur of the year award

by Robert Barry
May 29, 2023
in Industry News
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CarExpert co-founder Paul Maric has taken out the Entrepreneur of the Year award at the 2023 Commonwealth Bank Young Hero Awards.

CarExpert.com.au was nominated in the “Startup of the Year” and “Entrepreneur of the Year” categories at the 2023 Commonwealth Bank Young Hero Awards.

The awards recognise achievements in the small business space and reflect the tenacity and strength of the teams that drive start-ups with entrants aged 35 years old and under eligible to enter.

The CarExpert team.

The win comes on the back of CarExpert surpassing 4 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.

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The new-car only marketplace says it 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,” Paul Maric says.

“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,” CarExpert co-founder Alborz Fallah says. 

“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 company says 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 was founded by Alborz Fallah, Paul Maric, and Anthony Crawford, the founders behind CarAdvice (now Drive). It’s led by chief executive Damon Rielly, who was the previous head of ASX listed iCar Asia.

CarExpert says it is backed by investment from 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.

Tags: Alborz FallahAnthony CrawfordCarExpertDamon RiellyLaurence EscalantePaul Maric
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Robert Barry

Robert Barry has been reporting on the Australasian automotive and transport sector since June 2003. A member of the New Zealand Motoring Writers Guild since 2005, Robert has also previously held the positions of secretary, vice-president and president. His work has appeared in newspapers, magazines, and on the web. He holds a Class 2 and a Class 4 heavy transport licence and knows his way around a manual transmission.

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