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Founded Year

2015

Stage

Loan | Alive

Total Raised

$740.02M

Last Raised

$55.5M | 3 mos ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-46 points in the past 30 days

About Carro

Carro provides an online marketplace for used cars. The company offers aspects of car ownership and uses artificial intelligence (AI) enabled technology for the car ownership lifecycle, including buying, selling, and leasing second-hand cars, all facilitated through an online platform. It primarily serves the automotive industry. It was founded in 2015 and is based in Midview CIty, Singapore.

Headquarters Location

28 Sin Ming Lane #01-134

Midview City, 573972,

Singapore

65 6714 6652

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Carro's Product Videos

Carro's Products & Differentiators

    AI-driven customer engagement solution (integrated Talkbot)

    Carro developed an automotive TalkBot module powered by Wiz.AI to hyper-personalise its engagements with customers who are looking to sell their vehicles.

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Research containing Carro

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Carro in 1 CB Insights research brief, most recently on Sep 21, 2021.

Expert Collections containing Carro

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Carro is included in 4 Expert Collections, including E-Commerce.

E

E-Commerce

10,930 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,244 items

A

Auto Commerce

700 items

Companies involved in the rental, selling, trading, or purchasing of cars, RVs, trucks, and fleets, including auto financing companies, vehicle auction services, online classified advertising companies with a focus on auto, and dealership software platforms.

F

Fintech

13,307 items

Excludes US-based companies

Carro Patents

Carro has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/3/2018

8/31/2021

House types, Technical drawing, Honeycombs (geometry), Physical oceanography, House styles

Grant

Application Date

12/3/2018

Grant Date

8/31/2021

Title

Related Topics

House types, Technical drawing, Honeycombs (geometry), Physical oceanography, House styles

Status

Grant

Latest Carro News

World Football Summit Announces Fernando Carro as Winner of the Best Executive Award

Sep 12, 2024

Africa Press Release World Football Summit (WFS) ( https://WorldFootballSummit.com ) is pleased to announce Fernando Carro, CEO of Bayer 04 Leverkusen, as the recipient of the WFS Award for Best Executive in the football industry, presented by Nolan Partners. The prestigious award recognizes executives who have made significant changes for the benefit of their institution, efficiently utilized resources, and achieved substantial impact relative to their capabilities. Carro's win comes in the wake of Bayer Leverkusen’s remarkable unbeaten season, resulting in its first-ever Bundesliga and winning the DFB-Pokal, a testament to his exceptional leadership and strategic vision." Fernando Carro reflected on his achievement: “I feel honored and delighted to be rewarded with the “Best Executive Award 2024”. It was quite an amazing journey last season, the result of many years of hard work before. I appreciate that the work behind all this has been recognized by the WFS organization. I am grateful and happy to share this with my colleague Simon Rolfes, with Xabi Alonso and the team, and with the whole Bayer 04 family - because everyone there has been a crucial part of our achievements. As football starts from zero every year, our will now is to maintain the level we reached last year.” Fernando Carro succeeds Ferran Soriano of City Football Group as the winner of this esteemed award. Marian Otamendi, CEO at World Football Summit, commented on Carro's achievement: “Ambition, Resilience and Focus are traits Mr. Carro has demonstrated as a leader of Bayer Leverkusen, and these are essential for any football business leader looking to make the industry reach untapped potential." The award will be presented during the WFS Awards ceremony, hosted by La Junta de Andalucía, on September 18 in Sevilla. “Under Fernando’s exceptional leadership and strategic vision, Bayer Leverkusen achieved unprecedented success last year, remaining unbeaten in the Bundesliga and securing two of the most prestigious trophies in German football,” said Chad Biagini, President at Nolan Partners. “Fernando’s profound impact on and off the pitch makes him an exceptionally deserving recipient of this year’s World Football Summit Best Executive Award, and we look forward to his future success.” This recognition underscores World Football Summit's commitment to honoring excellence and innovation in football management. The summit continues to be a premier platform for industry leaders to connect, share insights, and shape the future of the beautiful game. The World Football Summit Awards gala will be celebrated as part of the eighth edition of WFS Europe on September 18th-19th in Sevilla, a premier gathering of the global football industry. This landmark event is set to bring together over 2,500 football industry professionals and decision-makers from around the world. Attendees will have the opportunity to hear from an impressive lineup of speakers, including Italian football legend Giorgio Chiellini, LaLiga President Javier Tebas, Hammad Albalawi (Head of the Saudi Arabia FIFA World Cup™ 2034 bid), and Toni Nadal, among others. WFS Europe is proudly supported by key partners such as Turkish Airlines, Junta de Andalucía, The Football Business Academy, Scoreplay, Meltwater, Radisson Hotel Group, and LaLiga, with additional representation from leading brands and institutions like Deloitte, the British Embassy, and CaixaBank. The event will also welcome representatives from major football organizations and clubs, including the European Club Association, UEFA, Atlético de Madrid, Real Madrid, FC Barcelona, Sevilla FC, Real Betis Balompié, Liverpool FC, and Juventus FC, alongside hundreds of other influential entities. WFS Europe truly embodies the convergence of the entire football industry ecosystem, offering unparalleled networking and insights for all attendees. For more information about the WFS Awards and WFS Europe, please visit https://Europe.WorldFootballSummit.com . Distributed by APO Group on behalf of World Football Summit. For press accreditation and media inquiries, please contact: Jaime Dominguez About World Football Summit: World Football Summit is the premier international event for the football industry, gathering the most influential professionals in the game to address the industry's most pressing issues and generate business opportunities. Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages. © ZAWYA 2024 ZAWYA NEWSLETTERS Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox. Subscribe to our newsletters:

Carro Frequently Asked Questions (FAQ)

  • When was Carro founded?

    Carro was founded in 2015.

  • Where is Carro's headquarters?

    Carro's headquarters is located at 28 Sin Ming Lane, Midview City.

  • What is Carro's latest funding round?

    Carro's latest funding round is Loan.

  • How much did Carro raise?

    Carro raised a total of $740.02M.

  • Who are the investors of Carro?

    Investors of Carro include HSBC, Peak3, Temasek, Permodalan Nasional Berhad, Greater Honour International and 30 more.

  • Who are Carro's competitors?

    Competitors of Carro include Carsome, Clutch, Kavak, Motors, Chehaoduo and 7 more.

  • What products does Carro offer?

    Carro's products include AI-driven customer engagement solution (integrated Talkbot) and 4 more.

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Compare Carro to Competitors

C
Chezhibao

Chezhibao is an online used car trading site which uses an auction system to sell cars, and provides free, one-stop services for sellers.

C
Chehaoduo

Chehaoduo operates in the used car sales industry, focusing on providing a platform for buying and selling pre-owned vehicles. The company offers services such as official vehicle inspections, a 7-day trial drive with a no-reason return policy, and comprehensive post-sale warranties to ensure customer satisfaction and vehicle reliability. Additionally, Chehaoduo facilitates online car auctions and provides financial services to assist customers in their car purchase. It was founded in 2015 and is based in Beijing, Beijing.

R
RenRenChe

RenRenChe is a company that operates in the used car trading market. The company's main services include providing a platform for the buying and selling of used cars, as well as offering used car valuation and consultation services. The company primarily serves the automotive industry. It is based in Beijing, Beijing.

S
SouChe

SouChe provides a customer-to-customer (C2C) platform. It allows used-car sellers to dictate their own prices, with revenue generated from commissions charged on individual transactions. Its products connect used car dealers to small and large new car dealers in China. The company was founded in 2012 and is based in Hangzhou, China.

C
Che300.com

Che300.com is an independent third-party service provider focused on vehicle condition and price information for the automotive industry. The company offers comprehensive vehicle price evaluations, maintenance and collision history checks, model identification, used car listings, and multi-platform selling services to facilitate risk-free transactions for buyers and sellers. Che300.com primarily serves individual users looking to buy or sell vehicles and industry professionals in the automotive trade and finance sectors. It was founded in 2014 and is based in Nanjing, Jiangsu.

2
2Duche

2Duche operates as a leading used car marketing and service platform. The company serves used car dealers through its web-based platform and call center. It offers live auctions, drive-thru auctions, an online storefront, and professional call center, and a car inspection service. 2Duche was founded in 2006 and is based in Shanghai, China.

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