Caramel Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 19

Employees

  • Latest Deal Type
  • M&A

Caramel General Information

Description

Operator of an online checkout platform intended to facilitate buying and selling of cars. The company's platform offers various services including verification, ownership transfer, payment, auto financing, vehicle protection, insurance and delivery, enabling buyers to have simple and secure digital transactions and find the right seller.

Contact Information

Website
www.drivecaramel.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 16350 Ventura Boulevard, Encino
  • Suite D513
  • Los Angeles, CA 91436
  • United States
+1 (800)
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Automotive
Parent Company
eBay
Vertical(s)
Mobility Tech
Corporate Office
  • 16350 Ventura Boulevard, Encino
  • Suite D513
  • Los Angeles, CA 91436
  • United States
+1 (800)

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Caramel Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 06-Feb-2025 Completed Generating Revenue
3. Early Stage VC (Series A1) 22-Jul-2024 Completed Generating Revenue
2. Early Stage VC (Series A2) 17-Nov-2023 $7M $19M Completed Generating Revenue
1. Seed Round 29-Dec-2021 $12M $12M Completed Generating Revenue
To view Caramel’s complete valuation and funding history, request access »

Caramel Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series A1
Series A2
Seed 7,058,813 $0.000100 $0.14 $1.7 $1.7 1x $1.7 23.12%
To view Caramel’s complete cap table history, request access »

Caramel 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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Caramel Former Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
Audeo Ventures Venture Capital Minority
FJ Labs Venture Capital Minority
FirstMark Capital Venture Capital Minority
Hearst Communications Corporation Minority
Hearst Ventures Corporate Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

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Caramel FAQs

  • When was Caramel founded?

    Caramel was founded in 2021.

  • Where is Caramel headquartered?

    Caramel is headquartered in Los Angeles, CA.

  • What is the size of Caramel?

    Caramel has 19 total employees.

  • What industry is Caramel in?

    Caramel’s primary industry is Business/Productivity Software.

  • Is Caramel a private or public company?

    Caramel is a Private company.

  • What is Caramel’s current revenue?

    The current revenue for Caramel is .

  • How much funding has Caramel raised over time?

    Caramel has raised $40.4M.

  • Who are Caramel’s investors?

    Audeo Ventures, FJ Labs, FirstMark Capital, Hearst Communications, and Hearst Ventures are 5 of 9 investors who have invested in Caramel.

  • When was Caramel acquired?

    Caramel was acquired on 06-Feb-2025.

  • Who acquired Caramel?

    Caramel was acquired by eBay.

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