# ClickCar Australia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clickcar-australia-pty

- Industry: Retail
- Headquarters: Sydney, Australia
- Website: www.carma.com.au
- Total disclosed funding: $146M
- Latest round: Series A (Apr 22, 2022)
- Investors on record: 6

## About

Based in Sydney, Australia, and founded in 2021, ClickCar Australia Pty Ltd is a fully digital used car dealership, offering a large range of quality pre-owned vehicles at fixed prices, delivered to the home. Lachlan MacGregor is the co-founder and CEO of the company. In December 2021, Carma raised AUD 28 million in Seed funding led by Tiger Global Management.

The company has a fleet of 300 vehicles in stock, which it sources from private sellers, other dealers, and auctions. Customers looking at cars on Carma's platform are able to view 360-degree high-res imagery of the exterior and interior, with any flaws called out and photographed. The firm offers transparent prices and over-the-phone and online customer support.

The organization plans to use the December 2021 funding to recruit an executive team, develop its website, and establish its first inspection and reconditioning facility in Sydney. The company also plans to expand throughout the state of New South Wales and to Brisbane and Melbourne.

## Funding rounds

- Series A, Apr 22, 2022, $106M — General Catalyst Partners, Tiger Global Management, Entree Capital, Terrace Tower Group, Five V Capital, Avenir Growth Capital
- Seed, Mar 2, 2021, $41M — Tiger Global Management

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Seed, Series A
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A
- Entree Capital (https://capitalatlas.ai/funds/entree-capital) — Series A
- Terrace Tower Group — 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