# Carsome Singapore Pte

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

- Industry: Retail
- Headquarters: Singapore, Singapore
- Website: www.carsomesg.com/
- Total disclosed funding: $266M
- Latest round: Series D (Feb 10, 2022)
- Investors on record: 20

## About

Based in Singapore and founded in 2015, Carsome Singapore Pte Ltd operates as an integrated car e-commerce platform that enables consumers to sell their vehicles and dealers to pick up used vehicles. In August 2021, Carsome Singapore Pte Ltd raised USD 188.90 million in series D funding from BYTE,  Catcha Group, Cypress Capital, Emissary Capital and Pecten Capital, and  Ondine Capital. As of December 2022, the company has more than 4000 dealers on its platform and sold over 55,000 cars across Singapore, Malaysia, Indonesia, and Thailand.

Carsome Singapore Pte Ltd. provides an online auction model to conduct sales, with prospective cars typically listed the day after they are submitted by consumers following a check-up conducted by the company’s staff. The company verifies the details, schedules bidding, car inspection, ownership transfer, ancillary services, and financing.

## Funding rounds

- Series D, Feb 10, 2022, $189M — Gobi Partners, Daiwa PI Partners, 500 Global, Catcha Group, Burda Principal Investments, IndoGen Capital, Asia Partners, Ondine Capital, Cypress Capital, Emissary Capital, Pecten Capital, Daily Byte
- Series D, Nov 24, 2020, $30M — Burda Principal Investments, Asia Partners, Ondine Capital
- Series C, Sep 17, 2020, $22M — Gobi Partners, Daiwa PI Partners, Endeavor Catalyst, Convergence Ventures, Burda Principal Investments, MUFG Innovation Partners, Hattori Motors Co., Ltd.
- Series B, Dec 26, 2018, $19M — Gobi Partners, Lumia Capital, Convergence Ventures, Burda Principal Investments, IndoGen Capital, Vynn Capital
- Series A, May 25, 2017, $2.8M — Gobi Partners, 500 Global, Lumia Capital, Spiral Ventures
- Series A, Sep 2, 2016, $1.9M — Gobi Partners, 500 Global, Spiral Ventures, Idea River Run
- Seed, Sep 9, 2015, $0.1M — 500 Global

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A, Series D
- Gobi Partners (https://capitalatlas.ai/funds/gobi-partners) — Series A, Series B, Series C, Series D
- Spiral Ventures (https://capitalatlas.ai/funds/spiral-ventures) — Series A
- Idea River Run (https://capitalatlas.ai/funds/idea-river-run) — Series A
- Lumia Capital (https://capitalatlas.ai/funds/lumia-capital) — Series A, Series B
- Convergence Ventures — Series B, Series C
- Burda Principal Investments (https://capitalatlas.ai/funds/burda-principal-investments) — Series B, Series C, Series D
- IndoGen Capital (https://capitalatlas.ai/funds/indogen-capital) — Series B, Series D
- Vynn Capital (https://capitalatlas.ai/funds/vynn-capital) — Series B
- Daiwa PI Partners (https://capitalatlas.ai/funds/daiwa-pi-partners) — Series C, Series D
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series C
- MUFG Innovation Partners (https://capitalatlas.ai/funds/mufg-innovation-partners) — Series C
- Hattori Motors Co., Ltd. — Series C
- Asia Partners (https://capitalatlas.ai/funds/asia-partners) — Series D
- Ondine Capital (https://capitalatlas.ai/funds/ondine-capital) — Series D
- Catcha Group (https://capitalatlas.ai/funds/catcha-group) — Series D
- Cypress Capital — Series D
- Emissary Capital (https://capitalatlas.ai/funds/emissary-capital) — Series D
- Pecten Capital (https://capitalatlas.ai/funds/pecten-capital) — Series D
- Daily Byte — Series D