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Carousell

Carousell

Private
SingaporeConsumer & Commercehttps://carousell.sg

Last Round

Series E

Extension

Sep 4, 2023

Est. Valuation

$1.11B

Total Funding Raised

$195.65M

Company Overview

Carousell is an e-commerce company that operates a multi-category classifieds and recommerce marketplace platform for buying and selling new and secondhand goods.

Sector

Consumer & Commerce

Verticals

E-commerce, Circular Economy, Digital Advertising, Mobile Commerce

Business Model

B2B

Customer Profile

Marketplace Commission, Freemium, Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

classifieds marketplacerecommercesecondhand marketplaceC2C marketplacemobile marketplaceluxury authenticationpre-owned luxuryB2C marketplaceonline thrift storeresale platformlisting automationescrow servicesseller toolsmarketplace advertisingthrift app

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Carousell Comparables

Compare Carousell with similar companies based on industry and business-model similarity.

Carousell comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
OfferUp
79%
Saltside Technologies
78%
Mercari
76%

Carousell Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series E ExtensionSep 4, 2023
M&AJul 26, 2022
Series E ExtensionNov 11, 2021
VC RoundSep 15, 2021
VC RoundSep 15, 2020
M&A
Nov 21, 2019

Key People

Founding team and executive leadership

carousell chi sin lo

Chief Executive Officer

Executive Team

Fynn Fauvet

Management Associate Strategic Projects CEO Founders Office

Founding Team

Gaurav Bhasin

Group Head Autos, Chief Sustainability Officer, CEO Malaysia

Executive Team

Quek Siu Rui

Co-founder and CEO

Founding Team

Carousell Investors

Notable investors and investment history

Carousell investors
InvestorRounds
STIC InvestmentsVC Round
NaspersCorporate Funding
Mirae AssetVC Round
Peak XV PartnersSeries C, Series B, Series A
Golden Gate VenturesSeed, Series A, Series C, Series B
500 GlobalSeries A, Seed, Series C, Series B
EDBISeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 22, 2026

    Grew 16% QoQ, from 19 to 22 employees.

  • Apr 3, 2026

    Collaborating with SPX Express Private Limited on delivery services.

Recent news

Latest coverage and updates

  • attends_eventSep 29, 2026

    Carousell Group attends event Retail Asia Summit 2026.

  • recognized_asSep 15, 2026

    Carousell Group recognized as Best in Pillar - Social Impact of Design in the Design Power Index (DPI) Singapore 2026 on Jul 1st '26.

  • launchesSep 8, 2026

    Carousell Group launches consumer car auction.

Carousell Filings

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Carousell filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Carousell's valuation, stock price, and market status.

Is Carousell a public or private company?

Carousell is a private company.

What is the current stock price of Carousell?

Carousell is a private company, so its shares have no public market price. Caplight tracks Carousell's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Carousell worth (valuation)?

Carousell's valuation is estimated at $1.1B based on funding round data.

Can I buy Carousell stock?

Carousell shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Carousell's last funding round?

Carousell's most recent funding round was Series E Extension on September 4, 2023.

Who are the main investors in Carousell?

Key investors in Carousell include STIC Investments, Naspers, Peak XV Partners, EDBI, Rakuten Capital.

Will Carousell IPO soon?

No public IPO plans have been announced for Carousell.

How can I track Carousell secondary market activity?

Caplight tracks bids, offers, and trades in Carousell's shares on secondary markets.

Firmographic Details

HeadquartersSingapore
Employee Range23
Year Founded2012
Last FundingSep 4, 2023

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