Latest round

Seed

Last raised

Apr 2023

Total raised

$4.5M

Investors

4

About CarmaCare

Based in New York, US, and founded in 2021, CarmaCare Corp. operates as an insurance firm that protects against vehicle damage or failure by offering vehicle service plans. The company was founded by its CEO, Jamie Ahern, and CBO, Jonathan Palan. In April 2023, CarmaCare Corp. CarmaCare provides a subscription-based automotive insurance platform that offers insurance coverage for automobile collisions and parts. The platform also offers various coverages for specific parts of a vehicle, including the bell housing, torque converter, vacuum modulator, oil pan, throttle cable, gaskets, transmission mounts, forks, internal fasteners, solenoids, and many other parts. The company generates revenue by charging USD 25 per month for its vehicle service plans.

Who invested in CarmaCare

4 investors across 1 round

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Funding rounds

  1. Seed

    Apr 4, 2023

    Amount

    $4.5M

    Investors

    Locked

Questions about CarmaCare

Who invested in CarmaCare?

CarmaCare has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has CarmaCare raised?

CarmaCare has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did CarmaCare last raise money?

CarmaCare's most recent round on record is a Seed, in Apr 2023.

What does CarmaCare do?

Based in New York, US, and founded in 2021, CarmaCare Corp.

Where is CarmaCare headquartered?

CarmaCare is headquartered in New York, US.

Which VCs invest in companies like CarmaCare?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at CarmaCare's stage. Their profiles are linked below.

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