Carro: Funding, Investors & Team (Sep 2026)
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Carro has raised $546M across 4 funding rounds on record, the most recent an undisclosed round of $60.0M announced in Sep 2025.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Carro Company Profile and Key Stats
Latest funding round on record: Sep 2025.
Carro Funding Rounds
Carro raised $111M in an undisclosed round announced in Oct 2020.
8 months later, an undisclosed round of $360M was announced in Jun 2021.
6 months later, a Series C of $15.6M was announced in Dec 2021.
3.8 years later, an undisclosed round of $60.0M was announced in Sep 2025.
Carro Founders and Leadership Team
Contact details for the Carro team: 2 of 2 have an email address on file, 1 has a LinkedIn profile.
Start 14-day free trial →Carro Funding Compared to Other Commerce and Shopping Startups
Carro's latest round of $60.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Carro in Commerce and Shopping and Singapore
Companies Similar to Carro
Whale is an enterprise AI company based in Singapore that specializes in creating AI solutions to…
Qashier (qashier.com) is a comprehensive business solution designed to prepare restaurants and retailers for…
CarTimes is one of the largest and most trusted, award-winning auto companies in Singapore, which offers a…
At Eezee, we take pride in being at the forefront of modern procurement. By integrating to your ERP via…
Society Pass is building an ecosystem of platforms and technology-enabled companies that synergistically work…
Etaily provides brands with a complete solution to digital transformation through to a simple e-commerce…
MetaOptics Technologies creates metalens and metasurface optics for AR, VR, IoT, and imaging devices using…
Flood is a platform for merchants that offers solutions for businesses, self-service options, and tools for…
Kyberlife is an e-commerce marketplace startup for life sciences, pharmaceutical, and healthcare industries.
AMP up your eCommerce business
WEBUY offers affordable local food and beverage (F&B) products through its platform that runs on a group…
Rainforest buys e-commerce brands and grows them with a focus on long-term success. They believe that being…
Carro Funding FAQs
What does Carro do?
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
How much funding has Carro raised?
Carro has raised $546M across 4 rounds on record. The most recent is an undisclosed round of $60.0M announced in Sep 2025.
When did Carro last raise funding?
Carro's most recent funding round on record is an undisclosed round of $60.0M, announced in Sep 2025.
Who is the CEO of Carro?
Aaron Tan is listed as CEO at Carro.
Where is Carro headquartered?
Carro is based in Singapore, Central Region, Singapore.
How many employees does Carro have?
Carro is in the 251-500 employee band.
How does Carro's funding compare to other Commerce and Shopping startups?
Carro's latest round of $60.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Carro 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 Carro is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.
Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.