Carro Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 500
Employees
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $6M
Latest Deal Amount
  • Investors
  • 19

Carro General Information

Description

Operator of an online car marketplace platform designed for buyers and sellers to deal directly without middlemen. The company's platform uses a mix of human expertise and proprietary pricing algorithms to inspect and evaluate vehicles, giving buyers and sellers a pricing system, transactional framework and also assists with the transfer of vehicle ownership, payments, and all other necessary paperwork, enabling users to buy and sell used cars easily.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Information Services (B2C)
Other Industries
Automotive
Application Software
Internet Retail
Primary Office
  • 26 Sin Ming Lane
  • Number 01-111
  • Singapore, 573972
  • Singapore
+65 6714 0000

Carro Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Carro Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 21-Oct-2020 $6M 00000 00000 Completed Generating Revenue
5. Debt - General 14-Oct-2020 00000 00000 Completed Generating Revenue
4. Early Stage VC (Series B) 06-Aug-2019 0000 00000 Completed Generating Revenue
3. Early Stage VC (Series A) 23-Mar-2017 0000 0000 Completed Generating Revenue
2. Early Stage VC (Series A) 13-Jun-2016 $5.3M $6.02M Completed Generating Revenue
1. Seed Round 04-Nov-2015 $716K $716K Completed Startup
To view Carro’s complete valuation and funding history, request access »

Carro Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of an online car marketplace platform designed for buyers and sellers to deal directly without middlemen. The c
Information Services (B2C)
Singapore, Singapore
500 As of 2020
00000
0000 0000-00-00
0000000000 0 00000

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0000000000
San Francisco, CA
0 As of 0000
00.000
0000000000 0 00.000

00000000

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00000000 000000
Atlanta, GA
00.000
0.00 0000-00-00
00000000000 00.000
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Carro Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Instamotor Venture Capital-Backed San Francisco, CA 0 00.000 0000000000 0 00.000
0000000000 00000 Formerly PE-Backed Atlanta, GA 00.000 00000000000 00.000
0000000 Venture Capital-Backed Santa Monica, CA 00 000 0000000000 0 000
0000000 Venture Capital-Backed Petaling Jaya, Malaysia 000 00000 00000000000 00000
0000 Private Equity-Backed Seattle, WA 00 00.000 00 000000 00.000
You’re viewing 5 of 17 competitors. Get the full list »

Carro Executive Team (7)

Name Title Board Seat Contact Info
Aaron Tan Co-Founder & Chief Executive Officer
Ernest Chew Chief Financial Officer, Executive Vice President & Managing Director
Andy Choi Chief Operating Officer
Aditya Lesmana Co-Founder & Chief Technology Officer
Manisha Seewal Group Chief Marketing Officer
You’re viewing 5 of 7 executive team members. Get the full list »

Carro Board Members (3)

Name Representing Role Since
Eduardo Saverin B Capital Group Board Member 000 0000
Eunwoo Lee SoftBank Ventures Asia Board Member 000 0000
Yinglan Tan Insignia Venture Partners Board Member 000 0000
To view Carro’s complete board members history, request access »

Carro Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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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Carro Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Alumni Ventures Group Venture Capital Minority 000 0000 000000 0
Mitsubishi Corporation Minority 000 0000 000000 0
B Capital Group Venture Capital Minority 000 0000 000000 0
EDBI Venture Capital Minority 000 0000 000000 0
Insignia Venture Partners Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 19 investors. Get the full list »

Carro Acquisitions (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 06-Aug-2019 000000000000000000 Internet Retail 00000 000
To view Carro’s complete acquisitions history, request access »

Carro Subsidiaries (1)

Company Name Industry Location Founded
00000 Internet Retail Jakarta Barat, Indonesia 0000
To view Carro’s complete subsidiaries history, request access »