CarSwitch Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Private

  • Employees
  • 111

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $7M

  • Investors
  • 7

CarSwitch General Information

Description

Operator of an online car marketplace intended to assist in the transaction of used cars. The company's marketplace inspects, warrants, photographs, advertises, collects calls, filters prospective buyers, attends test drives, and handles paperwork, enabling car owners to easily buy old cars and avail insurance, financing, and transfer ownership.

Contact Information

Website
www.carswitch.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Jumeirah Lake Towers Unit 2204
  • Cluster O
  • Dubai
  • Dubai United Arab Emirates
+971 04
Primary Industry
Automotive
Other Industries
Media and Information Services (B2B)
Information Services (B2C)
Application Software
Vertical(s)
Mobility Tech, SaaS, E-Commerce, Mobile
Corporate Office
  • Jumeirah Lake Towers Unit 2204
  • Cluster O
  • Dubai
  • Dubai United Arab Emirates
+971 04

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CarSwitch Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Early Stage VC (Series A) 01-Jan-2020 $7M Completed Generating Revenue
3. Accelerator/Incubator 01-Jan-2019 Completed Generating Revenue
2. Seed Round 01-Jan-2019 $1M $3.3M Completed Generating Revenue
1. Seed Round 27-Feb-2018 $2.3M $2.3M Completed Generating Revenue
To view CarSwitch’s complete valuation and funding history, request access »

CarSwitch Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online car marketplace intended to assist in the transaction of used cars. The company's marketplace insp
Automotive
Dubai, United Arab Emirates
111 As of 2026

Moscow, Russia
 

Bellevue, WA
 
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CarSwitch Competitors (2)

One of CarSwitch’s 2 competitors is KEH eCommerce, a Private Equity-Backed company based in Moscow, Russia.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
KEH eCommerce Private Equity-Backed Moscow, Russia
OfferUp Venture Capital-Backed Bellevue, WA
You’re viewing 2 of 2 competitors. Get the full list »

CarSwitch Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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CarSwitch Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds
Aran Ventures Venture Capital Minority
B&Y Venture Partners Venture Capital Minority
500 Global Accelerator/Incubator Minority
EQ2 Ventures Venture Capital Minority
Mohammed Bin Rashid Innovation Fund Accelerator/Incubator
You’re viewing 5 of 7 investors. Get the full list »

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CarSwitch FAQs

  • When was CarSwitch founded?

    CarSwitch was founded in 2016.

  • Where is CarSwitch headquartered?

    CarSwitch is headquartered in Dubai, United Arab Emirates.

  • What is the size of CarSwitch?

    CarSwitch has 111 total employees.

  • What industry is CarSwitch in?

    CarSwitch’s primary industry is Automotive.

  • Is CarSwitch a private or public company?

    CarSwitch is a Private company.

  • What is CarSwitch’s current revenue?

    The current revenue for CarSwitch is .

  • How much funding has CarSwitch raised over time?

    CarSwitch has raised $10.3M.

  • Who are CarSwitch’s investors?

    Aran Ventures, B&Y Venture Partners, 500 Global, EQ2 Ventures, and Mohammed Bin Rashid Innovation Fund are 5 of 7 investors who have invested in CarSwitch.

  • Who are CarSwitch’s competitors?

    KEH eCommerce and OfferUp are competitors of CarSwitch.

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