CARRO is SEA's largest AI-driven car marketplace providing shoppers with a transparency and quality assurance when buying, selling and financing a car.
Location: Singapore
Employees: 11-50
Total raised: $60M
Founded date: 2017
Investors 1
| Date | Name | Website |
| - | Quest Vent... | questventu... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 17.09.2025 | - | $60M | - |
Mentions in press and media 20
| Date | Title | Description |
| 17.09.2025 | Carro raises USD60 million in a round led by Cool Japan Fund to accelerate demand of Japanese cars across Asia Pacific | Overall demand for used cars is expected to grow; Carro to capture and accelerate growth of Japanese used cars Capital injection to help showcase Japan's advanced automotive technologies across region SINGAPORE, Sept. 17, 2025 /PRNewswire/ ... |
| 21.08.2025 | Carro and SY Holdings enter into strategic partnership to support Carro's expansion with tech-driven financing solutions | Hong Kong-listed SY Holdings to provide cross-border financing solutions for Carro, powered by artificial intelligence, predictive analytics and secure API-based integration The strategic partnership will also explore supply-chain AI capabi... |
| 03.07.2025 | Carro releases second instalment of 'No Drama', first ad of campaign garners over 27.4 million views in 6 weeks | - Carro's 'No Drama' award-winning ad series parodies drama cliches to highlight its trustworthy, reliable, and transparent practices, with the latest ad paying homage to the Hong Kong crime genre - Their first 'No Drama' ad earlier in May ... |
| 08.10.2024 | Carro rolls out Carro Certified assurance in Hong Kong, with vehicle inspections bolstered by in-house patented technology | Carro Certified is a technology-backed certification that offers customers the assurance and service of buying a quality used car Carro Certified includes a 160-point Inspection with all defects rectified, 5-day return policy, 12-month warr... |
| 27.08.2024 | Carro’s next pit stop? Recruitment services | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else. Elyssa Lopez · 29 Aug 2024 · 5 min readCarro’s next pit stop? Recruitment services ... |
| 25.06.2024 | The Dance of Deals: A Look at Recent Investments in Asia's Startup Scene | In the fast-paced world of startup investments, recent deals have been making waves across Asia. From Malaysian platforms securing funding to Japanese companies acquiring new subsidiaries, the dance of deals is in full swing. Homa2u, a Mala... |
| 25.06.2024 | Beyond Cars in Hong Kong rebrands to Carro, officially integrates into Carro Group in transformative journey | Customers in Hong Kong can now buy, sell and consign cars on carro.co Operations in Hong Kong to leverage Carro's technologies and AI capabilities across pricing, inventory management, and inspection processes Carro Hong Kong to focus on ac... |
| 24.06.2024 | Deals in brief: Paywatch secures USD 30 million, Ai Palette snags additional funding, Blibli operator acquires home decor startup Dekoruma, and more | NewsDeals in brief: Homa2u secures additional pre-Series A funding from Asia Fund X, Robo Co-op raises USD 700,000 for refugee empowerment initiatives, multiple China deals, and more Written by KrASIA Writers Homa2u, Robo Co-op, VITG, and m... |
| 17.06.2024 | Carro bags $55m loan from HSBC’s $1b ASEAN Growth Fund | InvestmentsNews Lokesh Choudhary · 2d ago · 2 min readCarro bags $55m loan from HSBC’s $1b ASEAN Growth Fund Team Carro / Photo credit: Carro Used-car marketplace Carro has secured a US$55.5 million multi-currency loan from HSBC to fund its... |
| 11.04.2024 | Carro eyes $100m pre-IPO raise to push valuation to $1.5b | NewsTransportation Samreen Ahmad · 14h ago · 2 min readCarro eyes $100m pre-IPO raise to push valuation to $1.5b Photo credit: Carro Used-car marketplace Carro plans to raise around US$100 million as it gets IPO-ready, possibly bringing the... |
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