# Carma Auto

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carma-auto-pty

- Industry: Retail
- Headquarters: Australia
- Website: www.carma.com.au/
- Total disclosed funding: $52M
- Latest round: Series A (Mar 31, 2022)
- Investors on record: 5

## About

Based in New South Wales, Australia, and founded in 2021 by Yosuke Hall and Lachlan MacGregor, Carma Auto Pty Ltd doing business as Carma, is a fully digital used car dealership that offers carefully inspected and reconditioned pre-owned vehicles at fixed prices, with transparent financing, warranties, and a seven-day return policy. In March 2025, Carma Limited raised AUD 30 million in venture debt funding led by Regal Funds Management and existing investor Tiger Global, with participation from General Catalyst and Five V Capital. 

Carma is an online company in Australia where people can buy and sell used cars without going to a dealership. The firm show all the available cars on their website, and each one is checked and cleaned before being listed. Prices are set and don’t change based on negotiation. Buyers can get quick loan approvals through Carma's partner banks or finance providers. Each car comes with roadside help, and people can also trade in their old cars by getting an online price and dropping the car off.

## Funding rounds

- Series A, Mar 31, 2022, $52M — General Catalyst Partners, Five V Capital, Avenir Growth Capital, BEGONIA HILL PTY LIMITED
- Seed, Mar 2, 2021 — Tiger Global Management

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Seed
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Five V Capital (https://capitalatlas.ai/funds/five-v-capital) — Series A
- Avenir Growth Capital (https://capitalatlas.ai/funds/avenir-growth-capital) — Series A
- BEGONIA HILL PTY LIMITED — Series A