Carbar (Autonomous and Sensor Tech, Automotive) — Funding, Investors & Signals 2026

Carbar

Carbar is the market-leading car subscription service where you pay a weekly fee to enjoy exclusive use of a vehicle!

Founded 2016

Melbourne, Australia 43 employees Corporate Round Total: $51.47M Autonomous and Sensor Tech, Automotive

Carbar is an Australian startup that aims to revolutionize the automotive retail industry through its market-leading car subscription service. Founded in 2016, the company offers customers the opportunity to enjoy exclusive use of a car by paying a weekly fee, which includes insurance, registration, servicing, and roadside assistance. Carbar prides itself on providing a hassle-free experience, with no lock-in contracts and the flexibility to swap or cancel a subscription with just 2 weeks’ notice. In addition to the subscription service, Carbar also offers the option to purchase both used and new cars with confidence. All used cars undergo inspection and reconditioning and come with a 7-day money back guarantee and a 12-month warranty. For those seeking a new car, Carbar facilitates offers from over 1000 dealers. Moreover, the company provides an online platform for customers to receive an instant valuation for their current cars, with the added convenience of advance payment upon acceptance of the offer. Having secured a significant $28.90M Corporate Round investment on 15 February 2022, Carbar has garnered support from prominent investors including Seven West Media, one of Australia’s leading integrated media companies, and Insurance Australia Group (IAG), the largest general insurer in Australia and New Zealand. With the backing of these notable investors, Carbar is positioned as Australia’s trusted destination for selling, subscribing, and buying cars. The company's commitment to innovation and customer-centric services aligns with its mission to become the world’s most trusted automotive retail company. For more information, visit www.carbar.com.au.

Funding Stage	Amount	Investors	Date
Corporate Round	••••••	2	15 Feb 2022
Series B	••••••	1	17 Jul 2019
Venture Round	••••••	-	03 Aug 2018
Pre Seed Round	••••••	1	17 May 2017

Funding Stage

Amount

Investors

Lead Investors

Date

Corporate Round

••••••

15 Feb 2022

Series B

••••••

17 Jul 2019

Venture Round

••••••

03 Aug 2018

Pre Seed Round

••••••

17 May 2017

FAQ About Carbar

Carbar is the market-leading car subscription service where you pay a weekly fee to enjoy exclusive use of a vehicle!

Carbar was founded in 2016.

Carbar is headquartered in Melbourne, Australia.

Carbar operates in the following industries: Autonomous and Sensor Tech, Automotive.

Carbar has approximately 43 employees.

Carbar has completed 4 funding rounds, raising a total of $51.47M. The latest funding stage is Corporate Round.

Top alternatives and competitors to Carbar include Motorpoint, Gocar.be, Car From Japan Co., Ltd., Fair.com, Carslist.ae. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Carbar and Motorpoint 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.

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