Alongside DT's T-Venture in the round was local venture capital firm Innovation Works and angel investors.

AutoRef.com, a US-based website to sell secondhand vehicles, has raised $870,000 in seed funding from a consortium led by Germany-based phone operator Deutsche Telekom’s (DT) corporate venturing unit, according to a regulatory filing.

DT owns European online car marketplace AutoScout24.

Alongside DT’s T-Venture in the round was local venture capital firm Innovation Works and angel investors.