# CarBuyer Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carbuyer-pte

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Singapore, Singapore
- Website: www.carbuyer.com.sg
- Total disclosed funding: $4.6M
- Latest round: Seed (Oct 5, 2022)
- Investors on record: 5

## About

Based in Singapore and founded in 1997, CarBuyer Pte Ltd. operates an online automotive platform that allows users to sell and buy vehicles. In October 2022, CarBuyer raised USD 4.57 million in Seed funding from Black Kite Capital, HFC Advisory Group, Kenyon Group, Oceanus Group, and the Philadelphia College of Osteopathic Medicine, valuing the company at USD 12.77 million post-money.

The company provides a comprehensive platform, CarBuyer, that connects users to car dealerships, offering a wide selection of both new and used vehicles. The firm’s platform allows customers to refine their search based on various criteria, including vehicle type, registration year, price, mileage, and more. Through a partnership with Huawei, CarBuyer introduces an AI car valuation tool that provides instant and accurate resale values. Users can easily connect with dealers in real-time via video calls, schedule test drives, and have their queries promptly answered by a responsive chatbot. Additionally, CarBuyer keeps users informed with car-related tips, reviews, and news, providing insights into the latest updates in the global and Singaporean automotive industries.

## Funding rounds

- Seed, Oct 5, 2022, $4.6M — Oceanus Group, HFC Advisory Group, Philadelphia College of Osteopathic Medicine, Kenyon Group, Black Kite Capital

## Investors

- Oceanus Group — Seed
- HFC Advisory Group — Seed
- Philadelphia College of Osteopathic Medicine — Seed
- Kenyon Group — Seed
- Black Kite Capital (https://capitalatlas.ai/funds/black-kite-capital) — Seed