Carousell Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
-
1,062
- Latest Deal Type
-
Series C
- Latest Deal Amount
-
$124M
- Investors
-
31
Carousell General Information
Description
Operator of an online marketplace intended to simplify the process of buying and selling. The company's platform offers person-to-person buying and selling of products such as fashion items, home and living, mobile, and electronics among others simply by snapping a photo and posting a description of unused and second hand clutter easily with free listings, enabling users to find great deals while fostering a community-driven approach.
Contact Information
Website
www.carousell.sgCorporate Office
- 71 Ayer Rajah Crescent
- Suite 02-18
- Singapore, 139951
- Singapore
Corporate Office
- 71 Ayer Rajah Crescent
- Suite 02-18
- Singapore, 139951
- Singapore
Carousell Timeline
Carousell Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Later Stage VC (Series C) | 28-Aug-2023 | $124M | Completed | Generating Revenue | ||
| 13. PIPE | 07-Jan-2022 | Cancelled | Generating Revenue | |||
| 12. Later Stage VC | 11-Nov-2021 | Completed | Generating Revenue | |||
| 11. Reverse Merger | 28-Jun-2021 | Cancelled | Generating Revenue | |||
| 10. Later Stage VC | 15-Sep-2020 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 20-Dec-2019 | Completed | Generating Revenue | |||
| 8. Later Stage VC (Series C2) | 21-Nov-2019 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 10-Apr-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C1) | 31-Aug-2018 | $102M | $158M | Completed | Generating Revenue | |
| 5. Later Stage VC (Series C) | 31-Aug-2017 | $14.5M | $56.3M | Completed | Generating Revenue |
Carousell Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C4 | ||||||||
| Series C3 | ||||||||
| Series C2 | ||||||||
| Series C1 | ||||||||
| Series C | ||||||||
| Series B | 529,160 | $11.05 | $11.05 | 1x | $11.05 | 0.85% | ||
| Series A | 4,176,908 | $1.13 | $1.13 | 1x | $1.13 | 6.7% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Carousell Comparisons
Industry
Financing
Details
Carousell Competitors (11)
One of Carousell’s 11 competitors is OfferUp, a Venture Capital-Backed company based in Bellevue, WA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| OfferUp | Venture Capital-Backed | Bellevue, WA | ||||
| Letgo | Formerly VC-backed | Istanbul, Turkey | ||||
| Listia | Venture Capital-Backed | Santa Clara, CA | ||||
| Wallapop | Venture Capital-Backed | Barcelona, Spain | ||||
| Vestiaire Collective | Venture Capital-Backed | Paris, France |
Carousell Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Carousell Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Carousell Investors (31)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 500 TukTuks | Venture Capital | Minority | ||
| Mirae Asset Capital | Venture Capital | Minority | ||
| STIC Investments | PE/Buyout | Minority | ||
| Heliconia Capital | PE/Buyout | Minority | ||
| Angel (individual) | Minority |
Carousell Acquisitions (11)
Carousell’s most recent deal was a Merger/Acquisition with LuxLexicon. The deal was made on 01-Apr-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| LuxLexicon | 01-Apr-2024 | Merger/Acquisition | Luxury Goods | ||
| Laku6 | 26-Jul-2022 | Merger/Acquisition | Specialty Retail | ||
| Refash | 30-Jun-2022 | Merger/Acquisition | Internet Retail | ||
| OX Street | 18-Oct-2021 | Merger/Acquisition | Specialty Retail | ||
| Mudah.my | 21-Nov-2019 | Merger/Acquisition | Electronics (B2C) |
Carousell Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Refash | Singapore, Singapore | 2016 | |
| LuxLexicon | Singapore | 2016 | |
| OneShift (Automotive) | Singapore, Singapore | 2005 |
Carousell FAQs
-
When was Carousell founded?
Carousell was founded in 2012.
-
Where is Carousell headquartered?
Carousell is headquartered in Singapore, Singapore.
-
What is the size of Carousell?
Carousell has 1,062 total employees.
-
What industry is Carousell in?
Carousell’s primary industry is Information Services (B2C).
-
Is Carousell a private or public company?
Carousell is a Private company.
-
What is the current valuation of Carousell?
The current valuation of Carousell is .
-
What is Carousell’s current revenue?
The current revenue for Carousell is .
-
How much funding has Carousell raised over time?
Carousell has raised $809M.
-
Who are Carousell’s investors?
500 TukTuks, Mirae Asset Capital, STIC Investments, Heliconia Capital, and are 5 of 31 investors who have invested in Carousell.
-
Who are Carousell’s competitors?
OfferUp, Letgo, Listia, Wallapop, and Vestiaire Collective are some of the 11 competitors of Carousell.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
