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Carro

Carro

Private
SingaporeFinTechhttps://carro.co/

Last Round

Strategic

Sep 17, 2025

Est. Valuation

$1.5B

Total Funding Raised

$744.52M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Carro is an automotive technology company that operates a digital marketplace for buying, selling, and managing new and used vehicles, while providing integrated financing, insurance, and after-sales services.

Sector

FinTech

Verticals

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

Business Model

B2C

Customer Profile

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

AI Layer

Application

Keywords

used car marketplaceonline automotive marketplaceautomotive financingcar platformcar subscription servicecar insuranceafter-sales serviceB2B automotive marketplacedealer financingnew car salesauthorized dealercar maintenanceauto techcar leasingAI pricing

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 Comparables

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

Carro comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Carsome
88%
Kavak
83%
CARS24
80%

Carro Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicSep 17, 2025
StrategicApr 15, 2024
Series C ExtensionNov 25, 2021
Series CJun 15, 2021
DebtOct 14, 2020
Series B Extension
Feb 1, 2020

Key People

Founding team and executive leadership

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

Yip Luke

Chief Operating Officer Hong Kong

Executive Team

Carro Investors

Notable investors and investment history

Carro investors
InvestorRounds
MS&AD VenturesSeries B Extension, Debt
SoftBank Investment AdvisersSeries C
B Capital GroupSeries B Extension, Series B
TemasekSeries C, Series C Extension
Mirae AssetSeries C Extension
Golden Gate VenturesSeries A, Series B Extension, Series B, Series C, Series A Extension
B Capital GroupSeries B Extension, Series C, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 13, 2026

    Open roles increased to 353, doubling the trailing average.

  • Jul 6, 2026

    Open roles increased from 0 to 352, representing 28% of headcount.

Carro Filings

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

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Frequently Asked Questions

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

Is CARRO a public or private company?

CARRO is a private company.

What is the current stock price of CARRO?

CARRO is a private company with no public stock price. No recent secondary market data is available.

How much is CARRO worth (valuation)?

CARRO's valuation is estimated at $1.5B based on funding round data.

Can I buy CARRO stock?

CARRO shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was CARRO's last funding round?

CARRO's most recent funding round was Series D on April 15, 2024.

Who are the main investors in CARRO?

Key investors in CARRO include SoftBank Investment Advisers, B Capital Group, B Capital Group, SoftBank Group, EDBI.

Will CARRO IPO soon?

No public IPO plans have been announced for CARRO.

How can I track CARRO secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor CARRO's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSingapore
Employee Range1,364
Year Founded2015
Last FundingSep 17, 2025

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