Carro

Carro

Private
SingaporeMobility, Transportation & Logisticshttps://carro.co/

Last Round

Series C

Extension

Dec 10, 2024

Est. Valuation

$1.1B

Total Funding Raised

$710.11M

Company Overview

Carro is an automotive technology company that operates an online marketplace for buying and selling used cars, also providing financing, insurance, and after-sales services.

Sector

Mobility, Transportation & Logistics

Verticals

E-commerce, Lending & Credit, Subscription Commerce, InsurTech

Business Model

B2C

Customer Profile

Marketplace Commission, Payment Processing Fee, Subscription SaaS, Services & Consulting

AI Layer

Non-AI

Keywords

used car marketplaceonline automotive marketplaceonline car dealershipcertified pre-owned carsautomotive financingautomotive fintechfull-stack automotivecar subscriptionwholesale marketplacecar refurbishmentafter-sales servicingcar leasingvehicle inspectionB2B automotivecar insurance

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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Carro 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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Carro Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series C ExtensionDec 10, 2024
DebtJun 20, 2024
VC RoundApr 15, 2024
Series C ExtensionDec 15, 2021
Series C ExtensionNov 25, 2021
Series C Extension
Sep 17, 2021

Key People

Founding team and executive leadership

Aaron Tan

CEO

Executive Team

Bryan Tan

President And CEO, Carro Indonesia, Group Chief Scientist, Chief Data Scientist, Director Of Intellectual Property

Executive Team

Fong Hon Sum

Chief Executive Officer International Marketplace

Executive Team

Paing Pyi Ko

Group CTO

Executive Team

Carro Investors

Notable investors and investment history

InvestorRounds
MS&AD VenturesSeries B Extension
SoftBank Investment AdvisersSeries C
TemasekSeries C Extension
Mirae AssetSeries C Extension
Golden Gate VenturesSeries B, Series A, Series A Extension, Series B Extension
B Capital GroupSeries B Extension, Series B
Simon James MoranSeries C Extension

Carro Filings

SEC and related filings with document metadata.

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Carro Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersSingapore
Employee Range1,243
Year Founded2015
Last FundingDec 10, 2024

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