Carasti Car Subscriptions logo — New cars. No loans. Instant Approval. Flexible terms. Delive...

Carasti Car Subscriptions

New cars. No loans. Instant Approval. Flexible terms. Delivery in 4 hours. The new way to a new car.

Founded 2019 United Arab Emirates United Arab Emirates 29 employees Convertible Note Total: $7.00M E-Commerce, Mobility

General Information

Company Name Carasti Car Subscriptions
Founded Year 2019
Location United Arab Emirates United Arab Emirates +2
Founders / Decision Makers
Team member
Employees 29
Industries E-Commerce, Mobility
Funding Stage Convertible Note
Social

Get notified when Carasti Car Subscriptions moves

Funding, new markets, leadership changes, hiring surges — one e-mail, only when something happens.

Free · no account needed

About Carasti Car Subscriptions

Carasti Car Subscriptions is an E-commerce startup based in the United Arab Emirates and was founded in 2019. The company's slogan "New cars. No loans. Instant Approval. Flexible terms. Delivery in 4 hours. The new way to a new car." highlights its unique value proposition of providing a debt-free driving experience through its innovative Subscription Model. The model aims to cater to the modern consumer who values convenience, transparency, and smart financial choices. Carasti's approach addresses several pain points in traditional car ownership and leasing. It eliminates the need for loans or hefty 20% down-payments, providing access to cars without the financial strain and negotiation hassles. Additionally, the company's digital-first approach ensures a seamless, hassle-free experience, allowing customers to focus on the joy of driving a new car every 6 months should they wish to do so. The $2.00M Convertible Note investment received at 21 December 2023 underlines the confidence of investors in Carasti's business model and potential for growth. The absence of specific investor names suggests that the investment may have been secured from private sources. Carasti's proposition to democratize access to cars by providing a transparent, digital, and debt-free alternative to traditional car ownership aligns with the evolving preferences of modern consumers. As the company continues to innovate in the automotive subscription space, its approach may reshape the way individuals view and access personal transportation.

Taxonomy: Car subscription, Automotive industry, Debt-free, Digital-first approach, Flexible terms, Instant approval, Consumer convenience, Zero down payments, Depreciation-free driving, No negotiation, Seamless experience, Financial innovation, Subscription model, Convenient access

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note •••••• - 21 Dec 2023
Convertible Note •••••• 2
Investor Investor
22 Mar 2022
Seed Round •••••• 1
Investor
15 Apr 2021

Carasti Car Subscriptions Alternatives & Competitors

Carasti Car Subscriptions vs
Driveitaway
Driveitaway United States

Drive Now, Decide Later

Seed
6 employees
E-Commerce, Real Estate

FAQ About Carasti Car Subscriptions

New cars. No loans. Instant Approval. Flexible terms. Delivery in 4 hours. The new way to a new car.
Carasti Car Subscriptions was founded in 2019.
Carasti Car Subscriptions is headquartered in United Arab Emirates.
Carasti Car Subscriptions operates in the following industries: E-Commerce, Mobility.
Carasti Car Subscriptions has approximately 29 employees.
Carasti Car Subscriptions has completed 3 funding rounds, raising a total of $7.00M. The latest funding stage is Convertible Note.
Top alternatives and competitors to Carasti Car Subscriptions include Driveitaway. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Carasti Car Subscriptions and Driveitaway are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Don't just browse. Track.

Signal Tracker monitors Carasti Car Subscriptions and millions of companies for funding rounds, hiring surges, product changes, and 40+ signal types — so you never miss an opportunity.

One analytics cookie (Google Analytics). Cookie Policy