The startup recently secured a $75.00M Series A investment on 11 May 2022, attracting a diverse group of investors including Five V Capital, General Catalyst, Entrée Capital, Avemir Growth Capital, and Terrace Tower Group. This significant investment speaks to the confidence these renowned venture capital firms have in Carma's business model, technology, and growth potential. The company operates in the E-Commerce and Finance industries, capitalizing on the shift towards online car buying and the increasing demand for digital financing solutions in the automotive sector. With its headquarters in Sydney, Australia, Carma is well-positioned to tap into the thriving Asia-Pacific market and beyond. This latest investment is expected to fuel the company's expansion efforts, enabling it to further enhance its market presence and customer offering.
Carma
Buy pre-loved cars online.
Australia
93 employees
Series A
Total: $103.00M
E-Commerce, Finance +1
General Information
Australia
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Australia Market
E-Commerce
Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.
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About Carma
Taxonomy: digital used car dealership, pre-owned vehicles, fixed prices, home delivery, quality assurance, in-house inspection, reconditioning process, warranties, returns policy, online checkout, integrated financing, ambitious team, latest technology, test facility
Funding Rounds & Investors (2)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Series A | $75.00M | 5 |
|
11 May 2022 |
| Seed Round | $28.00M | - |
|
06 Dec 2021 |
Latest News
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FAQ About Carma
Source: BounceWatch company record for Carma, https://bouncewatch.com/company/carma, updated 30 December 2024. When citing, please name BounceWatch and link this page.
