CARiD Overview
- Year Founded
-
2008
- Status
-
Acquired/Merged
- Employees
-
98
- Latest Deal Type
-
M&A
- Financing Rounds
-
3
- Investments
-
1
CARiD General Information
Description
Provider of an e-commerce platform for automotive parts and accessories intended to serve vehicle owners and professional mechanics. The company utilizes AI-based fitment technology and a light-asset distribution network to offer aftermarket parts, original equipment components, custom wheels, and styling accessories, enabling automotive enthusiasts to source compatible vehicle parts and coordinate professional installation services through a centralized digital storefront.
Contact Information
Website
www.carid.com(Operating Subsidiary)
Corporate Office
- 1 Corporate Drive
- Cranbury, NJ 08512
- United States
Corporate Office
- 1 Corporate Drive
- Cranbury, NJ 08512
- United States
CARiD Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
CARiD Comparisons
Industry
Financing
Details
CARiD Competitors (12)
One of CARiD’s 12 competitors is CarParts.com, a Formerly PE-Backed company based in Torrance, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| CarParts.com | Formerly PE-Backed | Torrance, CA | ||||
| Discount Tire | Private Debt Financed | Scottsdale, AZ | ||||
| SimpleTire | Private Equity-Backed | Trevose, PA | ||||
| Big O Tires | Private Debt Financed | Palm Beach Gardens, FL | ||||
| National Automotive Parts Association | Accelerator/Incubator Backed | Atlanta, GA |
CARiD Signals
CARiD Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
CARiD Acquisitions (1)
CARiD’s most recent deal was a Merger/Acquisition with Legacy Acquisition. The deal was made on 20-Nov-2020.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Legacy Acquisition | 20-Nov-2020 | Merger/Acquisition | Special Purpose Acquisition Company (SPAC) |
CARiD FAQs
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When was CARiD founded?
CARiD was founded in 2008.
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Where is CARiD headquartered?
CARiD is headquartered in Cranbury, NJ.
-
What is the size of CARiD?
CARiD has 98 total employees.
-
What industry is CARiD in?
CARiD’s primary industry is Internet Retail.
-
Is CARiD a private or public company?
CARiD is a Private company.
-
What is the current valuation of CARiD?
The current valuation of CARiD is .
-
What is CARiD’s current revenue?
The current revenue for CARiD is .
-
Who are CARiD’s investors?
Legacy Acquisition has invested in CARiD.
-
Who are CARiD’s competitors?
CarParts.com, Discount Tire, SimpleTire, Big O Tires, and National Automotive Parts Association are some of the 12 competitors of CARiD.
-
When was CARiD acquired?
CARiD was acquired on 07-Mar-2024.
-
Who acquired CARiD?
CARiD was acquired by Fifth Star.
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