About Caarly
Caarly is a Transportation, Automotive & Logistics company based in Singapore (Singapore) founded in 2014, and was acquired by Carousell in October 2016. Mobile-first used car dealership listing platform. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Carro, sgCarMart and Motorist; 2 of its 3 listed competitors have raised funding.
Company details
Caarly is a product from Singapore-based mobile app development studioReplaid. It is a smartphone application that helps Singaporean drivers in viewing all their car-related information through the phone. Information available includes LTA (Land Transport Authority) information on the vehicle, road taxes, vehicle finances, workshop directory (in the case of car repairs), as well as any parking fines history. After downloading the app, users have the option of adding cars via their license plate and identification numbers. There are more than 4,000 workshops listed (Jan14), including categories such as Car Leasing, Paint Protection and Tyres Rims.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website caarly.com
- Social LinkedIn
- Acquired by Carousell (Oct 2016)
Funding Insights of Caarly
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Caarly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2015 | Seed | – | Wavemaker Partners | – |
2 investors in total: 2 institutional.
Investors in Caarly
Caarly has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Carousell and Wavemaker Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States | |
Online marketplace platform offering multi-category second-hand products | 2012 | carousell.sg | Singapore, Singapore |
Investor details for Caarly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Timeline of Caarly
3 dated milestones of Caarly across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Caarly is founded.
- Funding First funding round.
- Exit Acquired by Carousell.
Competitors of Caarly
Caarly has 3 listed competitors in our database, 2 of them funded. They include Carro, sgCarMart and Motorist.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| carro.co | 2015 | Singapore | $685.9M | 1,000 | Full-stack marketplace services for car ownership are provided. | |
| sgcarmart.com | 2007 | Singapore | Cars are listed on an online platform in Singapore. | |||
| motorist.sg | 2015 | Singapore | $891,506 | Online used car listing platform & motorist community |
Detailed competitors of Caarly
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Related news about Caarly
Complete news archive for Caarly
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Frequently Asked Questions about Caarly
Caarly was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Caarly is headquartered in Singapore, Singapore.
Caarly is a product from Singapore-based mobile app development studioReplaid. It is a smartphone application that helps Singaporean drivers in viewing all their car-related information through the phone. Information available includes LTA (Land Transport Authority) information on the vehicle, road taxes, vehicle finances, workshop directory (in the case of car repairs), as well as any parking fines history. After downloading the app, users have the option of adding cars via their license plate and identification numbers. There are more than 4,000 workshops listed (Jan14), including categories such as Car Leasing, Paint Protection and Tyres Rims.
Caarly has 2 investors. Key investors include Carousell, and Wavemaker Partners.
Yes. Caarly was acquired by Carousell in October 2016.