Carsome Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 1,888

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 39

Carsome General Information

Description

Operator of an online car-selling platform intended to connect customers to used car dealers. The company 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.my
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Corporate Office
  • Level 9, KYM Tower
  • Number 8, Jalan PJU 7/6, Mutiara Damansara
  • Petaling Jaya, Selangor 47800
  • Malaysia

Carsome Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Carsome Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Secondary Transaction - Private 00000 Completed Generating Revenue
12. Later Stage VC 19-Jun-2023 00000 Completed Profitable
11. Later Stage VC (Series E) 10-Jan-2022 00000 00000 00.00 Completed Generating Revenue
10. Secondary Transaction - Private 00000 Completed Generating Revenue
9. Later Stage VC (Series D2) 01-Sep-2021 00000 00000 00.000 Completed Generating Revenue
8. Later Stage VC (Series D) 12-May-2021 000.00 00000 00000 Completed Generating Revenue
7. Later Stage VC (Series C) 17-Sep-2020 0000 000.00 00000 Completed Generating Revenue
6. Later Stage VC (Series B) 01-May-2019 000.00 000.00 00000 Completed Generating Revenue
5. Early Stage VC (Series B) 14-May-2018 $19.2M $35.5M 000.00 Completed Generating Revenue
4. Early Stage VC (Series B2) 01-Jan-2018 $8M $16.3M Completed Generating Revenue
To view Carsome’s complete valuation and funding history, request access »

Carsome Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D2 0,000,000 000.00 000.00 00 000.00 00.000
Series D 0,000,000 00.00 00.00 00 00.00 0.000
Series C 0,000,000 00.00 00.00 00 00.00 0.000
Series B 0,000,000 00.00 00.00 00 00.00 0.000
Series B 0,000,000 00.00 00.00 00 00.00 00.000
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%
To view Carsome’s complete cap table history, request access »

Carsome Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online car-selling platform intended to connect customers to used car dealers. The company offers a range
Automotive
Petaling Jaya, Malaysia
1,888 As of 2023
00000
000000 - 000 00000

000000

t ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exerci
0000000000
Gurugram, India
0000 As of 0000
00.000
00000000000 00.000

00000

dipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqu
0000000000
Singapore, Singapore
0000 As of 0000
00000
0000000000 0 00000
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Carsome Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Cars24 Venture Capital-Backed Gurugram, India 0000 00.000 00000000000 00.000
Carro Venture Capital-Backed Singapore, Singapore 0000 00000 0000000000 0 00000
Otoplus Venture Capital-Backed Istanbul, Turkey 000 0000000000 0
MyTukar Corporate Backed or Acquired Shah Alam, Malaysia 0000 0000 000000000000 0000
CarTrade Formerly PE-Backed Mumbai, India 000 00000 00000000 00000
You’re viewing 5 of 8 competitors. Get the full list »

Carsome Executive Team (15)

Name Title Board Seat Contact Info
Han Mei Chief Executive Officer at Carsome Certified & Chief Commercial Officer
Eric Cheng Co-Founder, Chief Executive Officer & Board Member
Andrew Mawikere Country Chief Executive Officer of Indonesia
Juliet Zhu President
Miguel Fernandez Group Chief Financial Officer
You’re viewing 5 of 15 executive team members. Get the full list »

Carsome Board Members (7)

Name Representing Role Since
Albert Shyy Burda Principal Investments Board Member 000 0000
Eric Cheng Carsome Co-Founder, Chief Executive Officer & Board Member 000 0000
Jiun Teoh Carsome Co-Founder, Chief Operating Officer, Chief Business Development Officer, Carsome Academy Chief Executive Officer & Board Member 000 0000
Kristian Lee Carsome Board Member 000 0000
Patrick Grove Self Co-Founder & Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Carsome Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Carsome Investors (39)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
65 Equity Partners Growth/Expansion Minority 000 0000 000000 0
E&F Private Equity PE/Buyout Minority 000 0000 000000 0
Falnas Capital Venture Capital Minority 000 0000 000000 0
Gokongwei Family Venture Capital Minority 000 0000 000000 0
JBV Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 39 investors. Get the full list »

Carsome Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
WapCar AutoFun 05-May-2022 0000000000 Information Services (B2C) 0000 0000
CarTimes Group 16-Mar-2022 0000000000 0000 Automotive 0000 0000
iCar Asia 31-Jul-2021 0000000000 00000 Media and Information Services (B2B) 0000 0000
Universal Collection 06-Jul-2021 Merger/Acquisition Automotive
To view Carsome’s complete acquisitions history, request access »

Carsome Subsidiaries (3)

Company Name Industry Location Founded
WapCar AutoFun Information Services (B2C) Kuala Lumpur, Malaysia 2019
iCar Asia Media and Information Services (B2B) Kuala Lumpur, Malaysia 0000
CarTimes Group Automotive Singapore, Singapore 0000
To view Carsome’s complete subsidiaries history, request access »

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