Carro

company

About

Carro is an online used car marketplace that offers a wide range of services for buying a car.

  • 251 - 500

Details

Last Funding Type
Series C
Last Funding Money Raised
$100M
Industries
Automotive,Direct Sales,E-Commerce Platforms,Marketplace
Founded date
Jan 1, 2015
Number Of Employee
251 - 500
Operating Status
Active

Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform.

The company was founded in 2015 and is headquartered in Singapore.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$222.90M
Carro has raised a total of $222.90M in funding over 2 rounds. Their latest funding was raised on Dec 20, 2021 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 20, 2021 Series C $15.60M 2 Celestial Sage International Detail
Nov 30, 2021 Series C $100M 1 Detail
Mar 19, 2019 Series B $30M 1 Detail
May 14, 2018 Series B $60M 1 Detail
Mar 22, 2017 Series A $12M 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Carro has made 1 investments. Their most recent investment was on Sep 19, 2019, when myTukar.com raised $30M.
Date Company Name
Round Money Raised Industry Lead Investor
Sep 19, 2019 myTukar.com
Corporate Round $30M Automotive

Investors

Number of Lead Investors
Number of Investors
1
4
Carro is funded by 4 investors. Celestial Sage International and Aldama Investments are the most recent investors.
Investor Name Lead Investor Funding Round
Celestial Sage International Yes Series C
Aldama Investments Series C
Greater Honour International Series C
Golden Gate Ventures Series B