Carsome Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
1,719
- Latest Deal Type
-
Later Stage VC
- Investors
-
46
Carsome General Information
Description
Operator of an online car-selling platform intended to connect customers to used car dealers. The company's platform offers a range of services that include car inspection, ownership transfer to financing as well as offers a curated selection of cars to individuals who wish to buy pre-owned cars, enabling customers to sell cars within a day with no fee and no hassle.
Contact Information
Website
www.carsome.myCorporate Office
- Level 9, KYM Tower
- Number 8, Jalan PJU 7/6, Mutiara Damansara
- Petaling Jaya, Selangor 47800
- Malaysia
Corporate Office
- Level 9, KYM Tower
- Number 8, Jalan PJU 7/6, Mutiara Damansara
- Petaling Jaya, Selangor 47800
- Malaysia
Carsome Timeline
Carsome Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC | 06-Feb-2025 | Completed | Profitable | |||
| 14. Debt - General | 16-Jul-2024 | Completed | Profitable | |||
| 13. Secondary Transaction - Private | Completed | Profitable | ||||
| 12. Later Stage VC | 19-Jun-2023 | Completed | Profitable | |||
| 11. Later Stage VC (Series E) | 10-Jan-2022 | Completed | Generating Revenue | |||
| 10. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 9. Later Stage VC (Series D) | 12-May-2021 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C) | 11-Dec-2019 | Completed | Generating Revenue | |||
| 7. Early Stage VC (Series B) | 01-May-2019 | $22.4M | $57.9M | Completed | Generating Revenue | |
| 6. Accelerator/Incubator | 01-Jan-2019 | $35.5M | Completed | Generating Revenue |
Carsome Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D2 | ||||||||
| Series D | ||||||||
| Series C | ||||||||
| Series B | ||||||||
| Series A2 | ||||||||
| Series A | 3,118,188 | $0.61 | $0.61 | 1x | $0.61 | 5.46% | ||
| Seed | 1,153,975 | $0.12 | $0.12 | 1x | $0.12 | 2.02% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Carsome Comparisons
Industry
Financing
Details
Carsome Competitors (6)
One of Carsome’s 6 competitors is Carmudi Indonesia, a Formerly VC-backed company based in Jakarta, Indonesia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Carmudi Indonesia | Formerly VC-backed | Jakarta, Indonesia | ||||
| Cars24 | Venture Capital-Backed | Gurugram, India | ||||
| Carro (Automotive) | Venture Capital-Backed | Singapore, Singapore | ||||
| Moladin | Venture Capital-Backed | Jakarta, Indonesia | ||||
| Otoplus | Venture Capital-Backed | Istanbul, Turkey |
Carsome Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Carsome Investors (46)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Jaccs | Corporation | Minority | ||
| Seacliff Partners | Venture Capital | Minority | ||
| Sunway iLabs | Accelerator/Incubator | Minority | ||
| 65 Equity Partners | Growth/Expansion | Minority | ||
| AC Ventures | Venture Capital | Minority |
Carsome Investments & Acquisitions (5)
Carsome’s most recent deal was a Early Stage VC with WYZauto for . The deal was made on 05-Apr-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| WYZauto | 05-Apr-2024 | Early Stage VC | Automotive | ||
| WapCar AutoFun | 05-May-2022 | Merger/Acquisition | Information Services (B2C) | ||
| CarTimes Group | 16-Mar-2022 | Merger/Acquisition | Automotive | ||
| iCar Asia | 31-Jul-2021 | Merger/Acquisition | Media and Information Services (B2B) | ||
| Universal Collection | 06-Jul-2021 | Merger/Acquisition | Automotive |
Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| WapCar AutoFun | Kuala Lumpur, Malaysia | 2019 | |
| iCar Asia | Kuala Lumpur, Malaysia | 2012 | |
| CarTimes Group | Singapore, Singapore | 2001 |
Carsome FAQs
-
When was Carsome founded?
Carsome was founded in 2015.
-
Where is Carsome headquartered?
Carsome is headquartered in Petaling Jaya, Malaysia.
-
What is the size of Carsome?
Carsome has 1,719 total employees.
-
What industry is Carsome in?
Carsome’s primary industry is Automotive.
-
Is Carsome a private or public company?
Carsome is a Private company.
-
What is Carsome’s current revenue?
The current revenue for Carsome is .
-
How much funding has Carsome raised over time?
Carsome has raised $492M.
-
Who are Carsome’s investors?
Jaccs, Seacliff Partners, Sunway iLabs, 65 Equity Partners, and AC Ventures are 5 of 46 investors who have invested in Carsome.
-
Who are Carsome’s competitors?
Carmudi Indonesia, Cars24, Carro (Automotive), Moladin, and Otoplus are some of the 6 competitors of Carsome.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
