About Caricarz
Caricarz is a company based in Puchong (Malaysia) founded in 2020.. Caricarz has raised $617.79 thousand across 1 funding round. Caricarz offers products and services including Car Listings, Automall, and Auto News. Caricarz operates in a competitive market with competitors including Carro, iCarAsia, MUV Xchange, Wapcar and EzAuto, among others.
- Headquarter Puchong, Malaysia
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Caricarz Sdn Bhd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$617.79 K (USD)
in 1 rounds
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Latest Funding Round
$617.79 K (USD), Seed
Jan 22, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Caricarz
Caricarz offers a comprehensive portfolio of products and services, including Car Listings, Automall, and Auto News. 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.
Service for searching and buying new and used cars
Platform featuring car sales and promotions
Provides updates and reviews on automobiles
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Funding Insights of Caricarz
Caricarz has successfully raised a total of $617.79K through 1 strategic funding round. The most recent funding activity was a Seed round of $617.79 thousand completed in January 2022. 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 Seed — $617,786
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First Round
First Round
(22 Jan 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Seed - Caricarz | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Caricarz
| 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 - Caricarz
| 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 |
Caricarz Comparisons
Competitors of Caricarz
Caricarz 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 Carro, iCarAsia, MUV Xchange, Wapcar and EzAuto, 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 |
Full-stack marketplace services for car ownership are provided.
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| domain | founded_year | HQ Location |
Used cars are listed online for browsing and seller contact.
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| domain | founded_year | HQ Location |
Provides an auction platform for buying and selling pre-owned vehicles.
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| domain | founded_year | HQ Location |
An online platform is operated for buying and selling cars.
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| domain | founded_year | HQ Location |
An online platform for listing and buying used and new cars.
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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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Frequently Asked Questions about Caricarz
When was Caricarz founded?
Caricarz was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Caricarz located?
Caricarz is headquartered in Puchong, Malaysia. It is registered at Puchong, Selangor, Malaysia.
Is Caricarz a funded company?
Caricarz is a funded company, having raised a total of $617.79K across 1 funding round to date. The company's 1st funding round was a Seed of $617.79K, raised on Jan 22, 2022.
What does Caricarz do?
Caricarz was founded in 2020 in Puchong, Malaysia, as an online platform in the automotive sector focused on used cars. Sellers are enabled to register and post advertisements featuring images, highlights, and descriptions. Buyers are provided with search options by brand or body type to browse listings and initiate direct contact with sellers for purchases. Operations are centered on facilitating these interactions without additional transaction handling.
Who are the top competitors of Caricarz?
What products or services does Caricarz offer?
Caricarz offers Car Listings, Automall, and Auto News.