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Carousell

Carousell

Private
SingaporeConsumer & Commercehttps://www.carousell.sg

Last Round

Series E

Extension

Sep 4, 2023

Est. Valuation

$1.11B

Total Funding Raised

$375.6M

Momentum Score

25 /100

Company Overview

Carousell is a marketplace company that simplifies buying and selling by allowing users to easily list unused and secondhand items, such as fashion, home goods, and electronics, through a simple photo and description process.

Sector

Consumer & Commerce

Verticals

Circular Economy, Mobile Commerce, User-Generated Content, Digital Advertising, Real Estate Marketplaces

Business Model

B2C

Customer Profile

Freemium, Usage-Based SaaS, Subscription SaaS, Marketplace Commission, Payment Processing Fee

AI Layer

Application

Keywords

secondhand marketplacerecommerce platformonline classifiedsC2C marketplaceclassifieds appmobile marketplaceluxury resalesecondhand fashionpre-loved itemsseller toolscertified secondhandin-app advertisingsecure paymentscircular economydirect buyback

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Carousell Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Carousell Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series E ExtensionSep 4, 2023
Series E ExtensionNov 11, 2021
Series ESep 15, 2021
Series DSep 15, 2020
M&ANov 21, 2019
Series C Extension
Apr 10, 2019

Key People

Founding team and executive leadership

Quek Siu Rui

Co-founder and CEO

Founding Team

Carousell Investors

Notable investors and investment history

InvestorRounds
NaspersSeries C Extension
Golden Gate VenturesSeed, Series A, Series C, Series B
500 GlobalSeries A, Seed, Series C, Series B
EDBISeries C
NH Investment & SecuritiesSeries D
Rakuten CapitalSeries A, Seed, Series C
Rakuten VenturesSeries A, Seed, Series C, Series B

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

    Partnered with SPX Express Private Limited to expand delivery network.

Carousell Filings

SEC and related filings with document metadata.

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Carousell Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSingapore
Employee Range22
Year Founded2012
Last FundingSep 4, 2023

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