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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

Momentum

Top 50%

of companies Caplight tracks

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, Mobile Commerce, Digital Advertising

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

Historical view of private secondary pricing and transaction trends.

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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
Mercari
76%
Alibaba Group Holding Limited
75%
Sea Limited
73%

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

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

    Partnered with SPX Express Private Limited to expand delivery network.

Carousell Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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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 Range23
Year Founded2012
Last FundingSep 4, 2023

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