About Carhoot
Carhoot is a company based in Nairobi (Kenya) founded in 2020 by Moses Kihumba. It operates as a Marketplace, and B2C. Carhoot offers products and services including Carhoot Platform, Car Inspection Service, and Financing Service. Carhoot operates in a competitive market with competitors including MCarFix and RepairNet, among others.
- Headquarter Nairobi, Kenya
- Founders Moses Kihumba
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Sectors
Transportation, Automotive & Logistics
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Email
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Website
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Social
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- Legal Name Carhoot App Llp
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Annual Revenue
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Products & Services of Carhoot
Carhoot offers a comprehensive portfolio of products and services, including Carhoot Platform, Car Inspection Service, and Financing Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for buying and selling cars with secure transactions
Professional 70-point inspection for quality assurance
Options for up to 90% auto financing with quick approvals
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Funding Insights of Carhoot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Carhoot
| 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 - Carhoot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Carhoot Comparisons
Competitors of Carhoot
Carhoot 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 MCarFix and RepairNet, 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 |
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| domain | founded_year | HQ Location |
App for finding auto parts, mechanics, garages, and vehicle diagnostics services.
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| domain | founded_year | HQ Location |
Provides on-demand onsite auto repair services through an online platform.
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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 Carhoot
Frequently Asked Questions about Carhoot
When was Carhoot founded?
Carhoot was founded in 2020.
Where is Carhoot located?
Carhoot is headquartered in Nairobi, Kenya.
Who is the current CEO of Carhoot?
Moses Kihumba is the current CEO of Carhoot. They have also founded this company.
What does Carhoot do?
Carhoot operates as a digital marketplace for buying and selling vehicles, including local and imported cars. It facilitates easy transactions through an app, offering features like 70-point inspections, 30-day warranties, and financing options up to 90. Based in Nairobi, Kenya, it connects users with agents for secure deals and provides access to popular makes and models. The service ensures quality and transparency for consumers.
What products or services does Carhoot offer?
Carhoot offers Carhoot Platform, Car Inspection Service, and Financing Service.
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