Carro
Founded Year
2015Stage
Series D - II | AliveTotal Raised
$740.02MRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+33 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.
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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-Commerce
11,245 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,270 items
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.
Fintech
13,699 items
Excludes US-based companies
Carro Patents
Carro has filed 3 patents.
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
Apr 5, 2025
Second Batch Of Putra Heights Fire Victims Get Temporary Vehicles 05/04/2025 01:18 PM KUALA LUMPUR, April 5 (Bernama) -- The second group of 30 victims affected by the Putra Heights gas pipeline blaze in Subang Jaya received cars for temporary use from automotive company Carro today. Selangor Investment, Trade and Mobility Committee chairman and Kinrara assemblyman Ng Sze Han said the assistance aims to help victims manage their daily activities more easily. "On behalf of the Selangor government, I sincerely thank Carro for generously contributing 30 vehicles to assist the victims of the Putra Heights fire. “This morning, we handed over the keys to family representatives. The cars will be available to them for a month,” he told reporters after handing over the keys today. Ng added that 25 vehicles from Chery Malaysia were handed over to the first group of recipients yesterday, with further distributions to follow in the coming days. Ng said over 150 victims have applied for temporary vehicles via Google Forms, adding that the extent of damage to their vehicles is not a determining factor. “As long as they need a car, we will try our best to help,” he said, adding that more than 200 vehicles have been offered by several automotive companies to support the affected individuals. These include 50 cars from Chery, 30 from Carro, 62 from YonMing, 30 from Tan Chong Motor Holdings Bhd and Warisan TC Holdings Bhd, 20 from GoCar and 50 from Carsome. Ng also shared that Panasonic Malaysia will be assisting fire victims through the distribution of household appliance vouchers. “Panasonic is offering 240 e-vouchers worth RM500 each to help them purchase household appliances. “The Google Form for the e-voucher application is expected to open today, and successful applicants will receive their vouchers via email. Those in need of electrical items are encouraged to apply and make full use of this aid,” he said. -- BERNAMA BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies. Follow us on social media : Facebook : @bernamaofficial, @bernamatv, @bernamaradio
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, Shinhan Financial Group, Mirae Asset Capital 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
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 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.
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 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.
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 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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