Carro Overview

  • Founded
  • 2015

Founded
  • Status
  • Private

  • Employees
  • 2,000

Employees
  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $25M

  • Investors
  • 38

Carro General Information

Description

Operator of an online car marketplace intended 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, and transactional framework and also assisting with the transfer of vehicle ownership, payments, and all other necessary paperwork, enabling users to buy and sell used cars easily.

Contact Information

Website
www.carro.sg
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Other Services (B2C Non-Financial)
Application Software
Primary Office
  • Carro Lounge 28 Sin Ming Lane
  • Suite 01-134
  • Singapore, 573972
  • Singapore
+65 6714 0000

Carro Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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Carro Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 06-Jun-2022 $25M 00000 Completed Generating Revenue
10. Debt - General 01-Jan-2022 00000 00000 Completed Generating Revenue
9. Later Stage VC (Series C1) 20-Dec-2021 00000 00000 Completed Generating Revenue
8. Secondary Transaction - Private 01-Jun-2021 000 00000 Completed Generating Revenue
7. Later Stage VC (Series C) 05-Apr-2021 00000 00000 000 Completed Generating Revenue
6. Later Stage VC 21-Oct-2020 0000 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 $12M $18M Completed Generating Revenue
2. Early Stage VC (Series A) 13-Jun-2016 $5.3M $6.02M Completed Generating Revenue
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 intended for buyers and sellers to deal directly without middlemen. The company's
Automotive
Singapore, Singapore
2,000 As of 2022
00000
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0000000000
Nashville, TN
000 As of 0000
000.00
0000000 0000 000.00

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0000000000
Petaling Jaya, Malaysia
0000 As of 0000
00000
0000000000 0 00000
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Carro Competitors (13)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CarSaver Private Equity-Backed Nashville, TN 000 000.00 0000000 0000 000.00
0000000 Venture Capital-Backed Petaling Jaya, Malaysia 0000 00000 0000000000 0 00000
0000000 Venture Capital-Backed Santa Monica, CA 00 000 0000000000 0 000
0000000000 00000 Formerly PE-Backed Atlanta, GA 00.000 00000000000 00.000
00000000000 Corporation Victoria, Canada
You’re viewing 5 of 13 competitors. Get the full list »

Carro Executive Team (11)

Name Title Board Seat Contact Info
Annop Kettratad Chief Branding Officer & Co-Chief Executive Officer
Aaron Tan Co-Founder, Chief Executive Officer & Board Member
Jeremy Ong Co-Chief Executive Officer
Ernest Chew Chief Financial Officer, Executive Vice President & Managing Director
Zi Chua Chief Operating Officer
You’re viewing 5 of 11 executive team members. Get the full list »

Carro Board Members (7)

Name Representing Role Since
Aaron Tan Carro Co-Founder, Chief Executive Officer & Board Member 000 0000
Aditya Lesmana Carro Co-Founder, Chief Technology Officer & Board Member 000 0000
Eduardo Saverin B Capital Group Board Member 000 0000
Eunwoo Lee SoftBank Ventures Asia Board Member 000 0000
Kelvin Chng Carro Co-Founder, Head of Data Science & Board Member 000 0000
You’re viewing 5 of 7 board members. Get the full list »

Carro 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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Carro Investors (38)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
MPM Group Other Minority 000 0000 000000 0
Aldama Investments Venture Capital Minority 000 0000 000000 0
Anderson Investments Other Minority 000 0000 000000 0
Celestial Sage International Venture Capital Minority 000 0000 000000 0
Elang Mahkota Teknologi Corporation Minority 000 0000 000000 0
You’re viewing 5 of 38 investors. Get the full list »

Carro Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 00000 20-Sep-2022 00000 0000 Road 00000 000
00000 0000000 06-Jun-2022 0000000000 000.00 Automotive
0000 00000 25-Feb-2022 000000000 National Banks 000000 00
0000000 19-Sep-2019 000000000 0000 Other Services (B2C Non-Financial) 00000 000
Jualo 06-Aug-2019 Merger/Acquisition Other Services (B2C Non-Financial) 00000 000
To view Carro’s complete investments and acquisitions history, request access »

Carro Subsidiaries (2)

Company Name Industry Location Founded
Jualo Other Services (B2C Non-Financial) Jakarta Barat, Indonesia 2013
00000 0000000000 0 Automotive Surabaya, Indonesia 0000
To view Carro’s complete subsidiaries history, request access »