# CARANG

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

- Industry: Software
- Headquarters: Incheon, South Korea
- Website: www.carang.co.kr
- Total disclosed funding: $4.9M
- Latest round: Series A (Mar 19, 2021)
- Investors on record: 7

## About

CARANG was founded in 2015 in Incheon, South Korea. The company operates as a mobility service technology company that provides AI-driven predictive vehicle maintenance solutions, offering digital platforms for repair, subscription-based vehicle management, and B2B SaaS services for the automotive aftermarket. CEO Jong-kwan Park leads the company, which has successfully completed 5 deals to date. The latest funding round, a Series B, raised KRW 7 billion on May 12, 2025, from investor Obigo, bringing the total amount raised to KRW 7 billion.Carang operates as a mobility service technology company in South Korea, offering an AI-driven platform for predictive vehicle maintenance and repair scheduling. Its core solution enables users to book on-site automotive services—such as engine oil and battery replacement—at their preferred time and location, reducing reliance on traditional service centers. The platform simplifies reservations through an intuitive interface, serving both individual car owners and businesses with fleet management needs. Carang has completed over 430,000 maintenance tasks and maintains a high customer satisfaction rating of 4.9 out of 5, underscoring its commitment to quality and convenience for both individual and corporate clients.The company generates revenue through consumer service transactions and B2B partnerships for fleet maintenance solutions. Its model combines direct service fees with technology-driven efficiency, allowing customers to book and receive mobile maintenance services seamlessly via its platform. By integrating trained technicians and streamlined booking processes, Carang delivers operational reliability and convenience for both individual and corporate clients.In May 2025, CARANG raised KRW 7 billion in Series B funding from new investor Obigo. The company will utilize this funding to enhance its artificial intelligence system for maintenance recommendations and cost estimates. Additionally, CARANG plans to strengthen the connectivity between repair shops and machinery through interface development and build a subscription-based preventive maintenance platform powered by software-defined vehicle technology. The company is also exploring expansion into new markets, targeting broader geographic regions to increase its service footprint.

## Funding rounds

- Series A, Mar 19, 2021, $4.9M — SKS, Industrial Bank of Korea, JB Investment, DT&Investment, ROI Investment Partners, PTR Asset Management
- Seed, Oct 1, 2018, $0.1M — The Invention Lab

## Investors

- The Invention Lab (https://capitalatlas.ai/funds/the-invention-lab) — Seed
- SKS (https://capitalatlas.ai/funds/sks) — Series A
- Industrial Bank of Korea — Series A
- JB Investment (https://capitalatlas.ai/funds/jb-investment) — Series A
- DT&Investment (https://capitalatlas.ai/funds/dt-investment) — Series A
- ROI Investment Partners (https://capitalatlas.ai/funds/roi-investment-partners) — Series A
- PTR Asset Management — Series A