About Car360
Car360 is a company based in Atlanta (United States) founded in 2015 by Bruno Francois was acquired by Carvana in April 2018.. Car360 has raised $3.55 million across 1 funding round from investors including Carvana, Service Provider Capital and BIP Ventures. Car360 operates in a competitive market with competitors including Digital Air Strike, Xtime, myKaarma, Dealer.com and Rollick, among others.
- Headquarter Atlanta, United States
- Founders Bruno Francois
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Car360
Car360 has successfully raised a total of $3.55M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.55 million completed in May 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.5M
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First Round
First Round
(27 May 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2017 | Amount | Series A - Car360 | Valuation | BIP Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Car360
Car360 has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Carvana, Service Provider Capital and BIP Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech investments are made in US-based companies.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by BIP Ventures.
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Founded Year | Domain | Location | |
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Venture capital firm focused on AI-driven companies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Car360
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Car360
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Car360 Comparisons
Competitors of Car360
Car360 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Digital Air Strike, Xtime, myKaarma, Dealer.com and Rollick, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital marketing solutions are provided for auto dealerships.
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| domain | founded_year | HQ Location |
Customer engagement tools for automotive dealers are provided.
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| domain | founded_year | HQ Location |
SaaS-based customer interaction management is provided for dealerships.
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| domain | founded_year | HQ Location |
Digital marketing solutions for automotive dealerships are delivered.
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| domain | founded_year | HQ Location |
Omnichannel marketing automation is provided to automotive OEMs and dealers.
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| domain | founded_year | HQ Location |
SaaS-based marketing solutions for automotive dealerships
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Car360
Frequently Asked Questions about Car360
When was Car360 founded?
Car360 was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Car360 located?
Car360 is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Car360?
John Hanger is the current CEO of Car360.
Is Car360 a funded company?
Car360 is a funded company, having raised a total of $3.55M across 1 funding round to date. The company's 1st funding round was a Series A of $3.55M, raised on May 27, 2017.
What does Car360 do?
Car360 was founded in 2015 in Atlanta, United States, focusing on augmented reality tools for the automotive sector. A mobile app is utilized by dealerships and workshops to scan vehicles through walkaround captures, enabling 360-degree markups for features or issues via a 3D engine. Walkaround videos are then published directly to websites, streamlining image and video processes to approximately five minutes. The company was acquired by Carvana in April 2018.
Who are Car360's investors?
Car360 has 4 investors. Key investors include Carvana, Service Provider Capital, BIP Ventures, and Radical Ventures.
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