Carasti Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
27
- Latest Deal Type
-
M&A
- (Announced)
- Investors
-
2
Carasti General Information
Description
Operator of a car subscription platform intended to offer a fleet of vehicles on a subscription basis. The company's platform provides information on registration, maintenance, and servicing costs, roadside assistance, delivery, insurance, and even fuel on longer-term mini-lease subscriptions, enabling individuals to choose, swap, upgrade, or downgrade their car for leasing as per their budgets and lifestyles.
Contact Information
Website
www.carasti.comCorporate Office
- Oxford Tower 5th Floor
- Office 503
- Dubai United Arab Emirates
Corporate Office
- Oxford Tower 5th Floor
- Office 503
- Dubai United Arab Emirates
Carasti Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 27-Jul-2026 | Announced | Generating Revenue | |||
| 4. Early Stage VC | 04-Apr-2023 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 22-Mar-2022 | Cancelled | Generating Revenue | |||
| 2. Early Stage VC | 22-Mar-2022 | $2M | $5M | Completed | Generating Revenue | |
| 1. Seed Round | 18-Apr-2021 | $3M | $3M | Completed | Generating Revenue |
VC Exit Predictor
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Carasti Comparisons
Industry
Financing
Details
Carasti Competitors (2)
One of Carasti’s 2 competitors is Invygo, a Venture Capital-Backed company based in Dubai, United Arab Emirates.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Invygo | Venture Capital-Backed | Dubai, United Arab Emirates | ||||
| SelfDrive.ae | Venture Capital-Backed | Dubai, United Arab Emirates |
Carasti Signals
Carasti Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Imena | Venture Capital | Minority | ||
| Net Ventures | Venture Capital | Minority |
Carasti Acquisitions (1)
Carasti’s most recent deal was a Merger/Acquisition with Carzuno. The deal was made on 25-Apr-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Carzuno | 25-Apr-2024 | Merger/Acquisition | Automotive |
Carasti Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Carzuno | Singapore, Singapore | 2021 |
Carasti FAQs
-
When was Carasti founded?
Carasti was founded in 2019.
-
Where is Carasti headquartered?
Carasti is headquartered in Dubai, United Arab Emirates.
-
What is the size of Carasti?
Carasti has 27 total employees.
-
What industry is Carasti in?
Carasti’s primary industry is Automotive.
-
Is Carasti a private or public company?
Carasti is a Private company.
-
What is Carasti’s current revenue?
The current revenue for Carasti is .
-
How much funding has Carasti raised over time?
Carasti has raised $5.85M.
-
Who are Carasti’s investors?
Imena and Net Ventures have invested in Carasti.
-
Who are Carasti’s competitors?
Invygo and SelfDrive.ae are competitors of Carasti.
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