Carro

RetailSeries CSingapore, Singaporecarro.co

Latest round

Series C

Last raised

Mar 2023

Total raised

$543M

Investors

43

About Carro

Based in Singapore, and founded in 2015, Trusty Cars, Ltd., Carro, an online car marketplace that enables users to buy, sell, and loan a wide variety of cars. The company was founded by Aaron Tan (CEO). The company offers an automotive marketplace that sells second-hand cars and provides services that offer car owners the facilities they need throughout their car ownership. The company's services include car rental and leasing, buying used cars from users, used car loans, COE renewal loans, and CARRO workshops. The platform's features include an AI-powered technology and pricing algorithm that calculates the car's ideal price for selling, and the buyers can also chat with the car seller directly for car inquiries, test-drive scheduling, and settling the terms and payment.

Who invested in Carro

43 investors across 6 rounds

See all investors in Carro

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Funding rounds

  1. Series C

    Mar 2, 2023

    Amount

    $464M

    Investors

    Locked

  2. Series B

    Feb 7, 2020

    Amount

    $6M

    Investors

    Locked

  3. Series B

    Dec 28, 2019

    Amount

    $30M

    Investors

    Locked

  4. Series B

    Jul 10, 2018

    Amount

    $30M

    Investors

    Locked

  5. Series A

    Mar 23, 2017

    Amount

    $9.5M

    Investors

    Locked

  6. Series A

    May 27, 2016

    Amount

    $3.8M

    Investors

    Locked

Questions about Carro

Who invested in Carro?

Carro has 43 investors on record across 6 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Carro raised?

Carro has raised 6 venture rounds. Sign up free to see how much each round raised and the total.

When did Carro last raise money?

Carro's most recent round on record is a Series C, in Mar 2023.

What does Carro do?

Based in Singapore, and founded in 2015, Trusty Cars, Ltd.

Where is Carro headquartered?

Carro is headquartered in Singapore, Singapore.

Which VCs invest in companies like Carro?

Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back retail companies at Carro's stage. Their profiles are linked below.

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