FundedIQ
Financial Services

Carpay: Funding, Investors & Team (Sep 2026)

Carpay is a loan management software for BHPH dealers. It helps them manage their portfolio by giving their borrowers multiple options to pay, automating all reminders to their borrowers, and giving the dealers a suite of tools to keep their loans performing. The company was founded in 2016 and is headquartered in Venice, California.

carpay.com LinkedIn Venice, United States 11-50 employees
Lending Mobile Payments Payments Software
Total raised
$6.5M
Rounds
1
Latest
Series A
Jan 2021

Carpay has raised $6.5M across 1 funding round on record, the most recent a Series A of $6.5M announced in Jan 2021.

That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Carpay Company Profile and Key Stats

Total funding raised
$6.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$6.5M in Jan 2021
Employees
11-50
reported band
Headquarters
Venice, United States

Latest funding round on record: Jan 2021.

Carpay Funding Rounds

Date
Round
Amount
Series A
$6.5M

Carpay Founders and Leadership Team

Name
Role
Contact
Brandon Cavalier
CEO
Locked

Contact details for the Carpay team: 1 of 1 has an email address on file.

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Carpay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
8,352
$15M

Carpay's latest round of $6.5M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Carpay Funding FAQs

What does Carpay do?

Carpay is a loan management software for BHPH dealers. It helps them manage their portfolio by giving their borrowers multiple options to pay, automating all reminders to their borrowers, and giving the dealers a suite of tools to keep their loans performing. The company was founded in 2016 and is headquartered in Venice, California.

How much funding has Carpay raised?

Carpay has raised $6.5M across 1 round on record. The most recent is a Series A of $6.5M announced in Jan 2021.

When did Carpay last raise funding?

Carpay's most recent funding round on record is a Series A of $6.5M, announced in Jan 2021.

Who is the CEO of Carpay?

Brandon Cavalier is listed as CEO at Carpay.

Where is Carpay headquartered?

Carpay is based in Venice, California, United States.

How many employees does Carpay have?

Carpay is in the 11-50 employee band.

How does Carpay's funding compare to other Financial Services startups?

Carpay's latest round of $6.5M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Carpay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Carpay is left off this page rather than filled in.

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