Founded Year

2015

Stage

Series D - II | Alive

Total Raised

$740.02M

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+34 points in the past 30 days

About Carro

Carro is an online used car marketplace that specializes in buying and selling vehicles. The company utilizes pricing algorithms and technology to facilitate car transactions. Carro primarily serves the automotive market. It was founded in 2015 and is based in Singapore.

Headquarters Location

28 Sin Ming Lane Suite 01-134

573971,

Singapore

+6016 299 6736

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Carro's Product Videos

Carro's Products & Differentiators

    AI-driven customer engagement solution (integrated Talkbot)

    Carro developed an automotive TalkBot module powered by Wiz.AI to hyper-personalise its engagements with customers who are looking to sell their vehicles.

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Expert Collections containing Carro

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Carro is included in 4 Expert Collections, including E-Commerce.

E

E-Commerce

11,224 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,270 items

A

Auto Commerce

700 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

F

Fintech

13,661 items

Excludes US-based companies

Carro Patents

Carro has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/3/2018

8/31/2021

House types, Technical drawing, Honeycombs (geometry), Physical oceanography, House styles

Grant

Application Date

12/3/2018

Grant Date

8/31/2021

Title

Related Topics

House types, Technical drawing, Honeycombs (geometry), Physical oceanography, House styles

Status

Grant

Latest Carro News

Carro adds new vehicles to its marketplace

Mar 21, 2025

Carro adds new vehicles to its marketplace Singapore-based Carro is marking its tenth birthday by adding new vehicles to its marketplace. The company will initially offer ten models, with plans to add electric vehicles in the future. Carro says it is targeting both private owners and private-... Join now to access

Carro Frequently Asked Questions (FAQ)

  • When was Carro founded?

    Carro was founded in 2015.

  • What is Carro's latest funding round?

    Carro's latest funding round is Series D - II.

  • How much did Carro raise?

    Carro raised a total of $740.02M.

  • Who are the investors of Carro?

    Investors of Carro include Woori Venture Partners, HSBC, Peak3, Permodalan Nasional Berhad, Shinhan Financial Group and 31 more.

  • Who are Carro's competitors?

    Competitors of Carro include Clutch, Carsome, Motors, Aramis Group, Chehaoduo and 7 more.

  • What products does Carro offer?

    Carro's products include AI-driven customer engagement solution (integrated Talkbot) and 4 more.

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Compare Carro to Competitors

R
RenRenChe

RenRenChe is a company that operates in the used car trading market. The company's main services include providing a platform for the buying and selling of used cars, as well as offering used car valuation and consultation services. The company primarily serves the automotive industry. It is based in Beijing, Beijing.

Carsome Logo
Carsome

Carsome provides an e-commerce platform and specializes in the online buying and selling of used cars. The company offers a comprehensive service that includes car inspection, valuation, an online bidding portal for dealers, and logistics support, ensuring a seamless selling experience for customers. It was founded in 2015 and is based in Petaling Jaya, Malaysia.

C
Chezhibao

Chezhibao is an online used car trading site that uses an auction system to sell cars and provides free, one-stop services for sellers. It was founded in 2010 and is based in Nanjing, China.

Chehaoduo Logo
Chehaoduo

Chehaoduo operates in the used car sales industry, focusing on providing a platform for buying and selling pre-owned vehicles. The company offers services such as official vehicle inspections, a 7-day trial drive with a no-reason return policy, and comprehensive post-sale warranties to ensure customer satisfaction and vehicle reliability. Additionally, Chehaoduo facilitates online car auctions and provides financial services to assist customers in their car purchases. It was founded in 2015 and is based in Beijing, China.

V
VavaCars

VavaCars operates as a technology-enabled used car platform that provides a transparent and hassle-free car-buying experience, leveraging its proprietary pricing and inspection technology to make car ownership accessible and affordable. In addition to buying and selling used cars, VavaCars also offers ancillary services such as servicing and extended warranty, providing customers with a comprehensive and convenient car ownership solution. It was founded in 2019 and is based in Istanbul, Turkey.

SouChe Logo
SouChe

SouChe is an automotive new retail platform in the automotive industry, focusing on sales and trade services for car dealers. The company provides an automotive financial leasing platform, used-car online trade, B2B industrial chain services, and SaaS products for automotive dealers. SouChe serves the automotive sales and service sectors, offering solutions to improve operational efficiency and transaction effectiveness. It was founded in 2012 and is based in Hangzhou, Zhejiang .

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