# Carpool

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

- Industry: Software
- Headquarters: Atlanta, US
- Website: www.carpoollogistics.com
- Total disclosed funding: $25M
- Latest round: Series A (Mar 12, 2025)
- Investors on record: 4

## About

Based in Georgia, US, and founded in 2021 by Michael Malakhov (CEO), Erric Morris, Terrence Jackson, and Joe Norton, Carpool Logistics, LLC, dba Carpool, operates as a freight transportation services provider that ships cars via online booking. In March 2025, Carpool raised USD 12 million in series A funding led by returning investor Wavecrest Growth Partners, with participation from another returning investor CarMax Business Services, LLC. Individual investors also participated in the round. The company offers a logistics technology platform that connects vehicle shippers (auto auctions, dealers, original equipment manufacturers, fleet, and individuals) with auto haulers leading to optimization of the vehicle shipment process as well as reduced carbon emissions. The company will use the March 2025 funding to enhance the technology platform, expand product development, optimizing logistics capabilities and to expand its market reach.

## Funding rounds

- Series A, Mar 12, 2025, $12M — Wavecrest Growth Partners, CarMax Business Services, LLC
- Series A, Dec 27, 2024, $11M — Atlanta Ventures, Wavecrest Growth Partners, Overline, CarMax Business Services, LLC
- Seed, Jul 15, 2022, $2M — Atlanta Ventures, Overline

## Investors

- Atlanta Ventures (https://capitalatlas.ai/funds/atlanta-ventures) — Seed, Series A
- Overline (https://capitalatlas.ai/funds/overline) — Seed, Series A
- Wavecrest Growth Partners (https://capitalatlas.ai/funds/wavecrest-growth-partners) — Series A
- CarMax Business Services, LLC — Series A