How much did Carro raise?

Carro raised $100 Million in a Funding Round round on December 2, 2021.

Where is Carro based and how big is it?

Carro is based in California, United States. Fundz records about 36 employees.

Who are the decision-makers at Carro?

Fundz holds 2 contacts at Carro, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Auto Marketplace Carro Bags $100M From Temasek, Pnb And Others

PRIVATEDec 02, 2021

Amount Raised

$100 Million

Round Type

Funding Round

Californiainformation technology & services

Description

Singapore-based used car marketplace Carro has secured $100 million in fresh funding from investors including Singapore state investor Temasek Holdings and Malaysian state-backed fund manager Permodalan Nasional Berhad (PNB), according to Accounting and Corporate Regulatory Authority (ACRA) filings accessed by DealStreetAsia — DATA VANTAGE.

Quick answer

Carro raised $100 Million in a Funding Round round, dated December 2, 2021. Carro is based in California, United States.

How much did Carro raise?: Carro raised $100 Million in a Funding Round round on December 2, 2021.
What does Carro do?: Carro is a collaborative commerce platform that connects Shopify stores, allowing them to sell each other's products directly.
Where is Carro based and how big is it?: Carro is based in California, United States. Fundz records about 36 employees.
Who are the decision-makers at Carro?: Fundz holds 2 contacts at Carro, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services around the same time

Companies in the same sectors as Carro that raised within 45 days of this round, from Fundz verified event records.

Verana Health raised $150M (Series E) on January 14, 2022.
Bluon, Inc. raised an undisclosed amount (Series B) on January 11, 2022.
PassiveLogic raised $34M (Funding Round) on January 11, 2022.
Filevine, Inc. raised $38M on January 5, 2022.
Nostra raised $4.2M (Seed) on December 28, 2021.
Sentry Interactive raised $8.8M on December 28, 2021.

Who to call at Carro, and when

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Company Information

Company

Carro

Location

200 Spectrum Center Dr

California, United States

About

Carro is a collaborative commerce platform that connects Shopify stores, allowing them to sell each other's products directly. This innovative approach facilitates cross-store selling and influencer collaborations without the need for additional inventory or traditional wholesale arrangements. With a network of over 30,000 stores and 7 million influencers, Carro is a prominent player in the collaborative ecommerce space. The platform enables ecommerce merchants to expand their product catalogs by accessing a curated network of brands and influencers. Retailers can sell partner brands' products directly on their Shopify stores, increasing average order value and creating new customer acquisition channels. Carro automates order syncing and fulfillment, ensuring a seamless experience for both retailers and customers. It also offers features like influencer collaboration, brand partnership management, and real-time analytics to help merchants optimize their sales strategies. Carro provides tiered subscription plans to cater to different business needs, from basic features to advanced support and management options. It is recognized as a Shopify Plus Certified App and is expanding its reach across ecommerce platforms.

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Related People

2 contacts

Verified contactsJason G., Co-Founder & CEO hiddenSee plans and pricing

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Carro raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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