About CarClarity
CarClarity is a company based in Surry Hills (Australia) founded in 2020 by Zaheer Jappie and David Fahim.. CarClarity has raised $3.78 million across 2 funding rounds from investors including UNO Home Loans, EVP and Raj Bhatt. CarClarity operates in a competitive market with competitors including Stratton Finance, 360Finance, Just Cars Finance, Ume Loans and Simplr Finance, among others.
- Headquarter Surry Hills, Australia
- Founders Zaheer Jappie, David Fahim
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Sectors
Transportation, Automotive & LogisticsFinancial Services
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Email
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Phone
*********
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Website
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Social
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- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.78 M (USD)
in 2 rounds
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Latest Funding Round
$3 M (USD), Series A
Sep 07, 2021
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Investors
UNO Home Loans
& 3 more
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Employee Count
Employee Count
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Funding Insights of CarClarity
CarClarity has successfully raised a total of $3.78M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in September 2021. 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 2
- Last Round Series A — $3.0M
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First Round
First Round
(04 Mar 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series A - CarClarity | Valuation | EVP | |
| Mar, 2021 | Amount | Seed - CarClarity | Valuation | EVP |
| 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 CarClarity
CarClarity has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include UNO Home Loans, EVP and Raj Bhatt. 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 venture capital investments are provided by EVP.
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Founded Year | Domain | Location | |
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UNO Home Loans is recognized as an online mortgage broker in Australia.
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Founded Year | Domain | Location | |
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RB
Raj Bhatt |
Angel investor and entrepreneur, founder of Echelon Solutions, active in tech startups
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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 CarClarity
| 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 - CarClarity
| 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 |
Carclarity Comparisons
Competitors of CarClarity
CarClarity 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 Stratton Finance, 360Finance, Just Cars Finance, Ume Loans and Simplr Finance, 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 |
Auto loans are provided via an online marketplace platform.
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| domain | founded_year | HQ Location |
Personal loans broker
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| domain | founded_year | HQ Location |
Provides car finance, loans, and insurance for individuals and businesses.
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| domain | founded_year | HQ Location |
Offers bad credit loans for cars, personal, and business financing in Australia.
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| domain | founded_year | HQ Location |
Provides car subscriptions with all-inclusive payments and no lock-in contracts.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Carclarity
Frequently Asked Questions about CarClarity
When was CarClarity founded?
CarClarity was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is CarClarity located?
CarClarity is headquartered in Surry Hills, Australia. It is registered at Surry Hills, New South Wales, Australia.
Who is the current CEO of CarClarity?
Zaheer Jappie is the current CEO of CarClarity. They have also founded this company.
Is CarClarity a funded company?
CarClarity is a funded company, having raised a total of $3.78M across 2 funding rounds to date. The company's 1st funding round was a Seed of $780.7K, raised on Mar 04, 2021.
What does CarClarity do?
CarClarity was founded in 2020 and is based in Surry Hills, Australia. A comparison platform for car loans is operated within the fintech sector. Lending options are matched to users credit scores and the financed vehicle amount. A loan calculator is included to estimate interest rates and repayment totals. Services focus on facilitating informed borrowing decisions for Australian consumers.
Who are the top competitors of CarClarity?
CarClarity's top competitors include Stratton Finance, 360Finance and Just Cars Finance.
Who are CarClarity's investors?
CarClarity has 4 investors. Key investors include UNO Home Loans, EVP, Raj Bhatt, and Ben Taylor.