# Caramel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/caramel

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.drivecaramel.com
- Total disclosed funding: $8M
- Latest round: Seed (Dec 31, 2021)
- Investors on record: 3

## About

Founded in 2021 and based in California, US, Caramel, Inc. operates as a provider of a checkout platform that enables users to buy and sell cars online. Ed Brojerdi and Craig Nehamen are the co-founders and co-CEOs of the company. In March 2023, Caramel, Inc. raised USD 12 million in seed funding from Hearst Ventures, Primera Capital, and Zeev Ventures.

The company offers a car checkout platform where consumers can find a car anywhere, and sellers may display their vehicle for sale anywhere and check out on its platform. The firm uses many layers of identity verification technology and biometrics to authenticate each buyer and seller. Caramel’s partners include AutoCheck, Woodside Credit, Ally, BMO, and Zurich.

## Funding rounds

- Seed, Dec 31, 2021, $8M — Primera Capital, Hearst Ventures, Zeev Ventures

## Investors

- Primera Capital (https://capitalatlas.ai/funds/primera-capital) — Seed
- Hearst Ventures (https://capitalatlas.ai/funds/hearst-ventures) — Seed
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Seed