Cartlow Overview
- Year Founded
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2019
- Status
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Acquired/Merged
- Employees
-
131
- Latest Deal Type
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M&A
Cartlow General Information
Description
Operator of a re-commerce platform intended to buy used and aged products and resell them as refurbished products at affordable prices. The company inspects, tests, certifies, and assigns a condition to all its used products and also offers them pre-owned and refurbished as clearance products through its e-commerce platform, enabling buyers and sellers to get suitable deals and prices on used products.
Contact Information
Website
www.cartlow.com(Operating Subsidiary)
Corporate Office
- DIP2 Warehouse 1
- Dubai United Arab Emirates
Corporate Office
- DIP2 Warehouse 1
- Dubai United Arab Emirates
Cartlow Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 24-Mar-2025 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 15-Jun-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 19-Nov-2020 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 30-Mar-2020 | $408K | $408K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
Cartlow Comparisons
Industry
Financing
Details
Cartlow Competitors (6)
One of Cartlow’s 6 competitors is Quikr, a Formerly VC-backed company based in Bangalore, India.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Quikr | Formerly VC-backed | Bangalore, India | ||||
| Grupo OLX | Corporation | Rio de Janeiro, Brazil | ||||
| The List (Dubai) | Venture Capital-Backed | Dubai, United Arab Emirates | ||||
| Noon E Commerce Solutions | Private Equity-Backed | Riyadh, Saudi Arabia | ||||
| Trocafone | Venture Capital-Backed | Sao Paulo, Brazil |
Cartlow Signals
Cartlow Former Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alsulaiman Group | Holding Company | Minority | ||
| Arzan Venture Capital | Corporate Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| AstroLabs | Accelerator/Incubator | |||
| Cedar Mundi Ventures | Venture Capital | Minority |
Cartlow Acquisitions (1)
Cartlow’s most recent deal was a Merger/Acquisition with Melltoo. The deal was made on 15-Aug-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Melltoo | 15-Aug-2022 | Merger/Acquisition | Information Services (B2C) |
Cartlow FAQs
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When was Cartlow founded?
Cartlow was founded in 2019.
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Where is Cartlow headquartered?
Cartlow is headquartered in Dubai, United Arab Emirates.
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What is the size of Cartlow?
Cartlow has 131 total employees.
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What industry is Cartlow in?
Cartlow’s primary industry is Internet Retail.
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Is Cartlow a private or public company?
Cartlow is a Private company.
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What is Cartlow’s current revenue?
The current revenue for Cartlow is .
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How much funding has Cartlow raised over time?
Cartlow has raised $20.4M.
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Who are Cartlow’s investors?
Alsulaiman Group, Arzan Venture Capital, , AstroLabs, and Cedar Mundi Ventures are 5 of 7 investors who have invested in Cartlow.
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Who are Cartlow’s competitors?
Quikr, Grupo OLX, The List (Dubai), Noon E Commerce Solutions, and Trocafone are some of the 6 competitors of Cartlow.
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When was Cartlow acquired?
Cartlow was acquired on 24-Mar-2025.
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Who acquired Cartlow?
Cartlow was acquired by Basatne.
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