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Carro

Carro

Private
SingaporeConsumer & Commercehttps://carro.co/

Last Round

Strategic

Sep 17, 2025

Est. Valuation

$1.5B

Total Funding Raised

$998.61M

Momentum

Top 25%

of companies Caplight tracks

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

Consumer & Commerce

Verticals

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

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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Track how buyer interest and sentiment changes over time.

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
Series C ExtensionDec 10, 2024
DebtJun 20, 2024
Growth EquityApr 15, 2024
Series C ExtensionDec 15, 2021
Series C Extension
Nov 25, 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

Carro investors
InvestorRounds
MS&AD VenturesVC Round, Series B Extension
SoftBank Investment AdvisersSeries C
Shinhan Venture InvestmentSeries C Extension
TemasekSeries C, Series C Extension
Mirae AssetSeries C, Series C Extension
Golden Gate VenturesSeries B, Series A, VC Round, Series B Extension
B Capital GroupSeries B Extension, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 6, 2026

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

  • Sep 17, 2025

    $60M raised with cj-fund-co leading.

Carro Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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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 Range1,336
Year Founded2015
Last FundingSep 17, 2025

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