About Carketa
Carketa is a Transportation, Automotive & Logistics company based in Lehi (United States) founded in 2018 by Brady Thurgood. Inventory management solutions are provided for automotive dealerships. Carketa has raised $11.78 million across 4 funding rounds from investors including Capital Eleven, Crosslink Capital and Origin Ventures. Its chief executive, as recorded, is Brady Thurgood. Carketa offers products and services including Appraising Tool, Buying Inventory, Analyzing Competition, Reconditioning Management, and Pricing Inventory. Its focus areas include Auto Tech, Auto IT, Dealer Management and Inventory Management. Its legal entity is CARKETA, INC. Its competitors include Upstart, Reynolds and Reynolds and Tekion; 3 of its 3 listed competitors have raised funding.
Company details
Carketa was founded in 2018 in Lehi, United States, by Brady Thurgood as CEO. Solutions for inventory management in the automotive sector are delivered, covering pricing, reconditioning, inspection processes, reporting tools, and additional features. Operations focus on dealership needs, with the platform supporting efficient inventory handling across the United States.
- Total Equity Funding$11.78M (USD)
in 4 rounds
- InvestorsCapital Eleven
& 8 more
Products & Services of Carketa
Carketa offers a comprehensive portfolio of products and services, including Appraising Tool, Buying Inventory, Analyzing Competition, Reconditioning Management, and Pricing Inventory.
Offers real-time vehicle appraisals to ensure accurate pricing.
Helps dealers identify and source profitable vehicles quickly.
Enables monitoring of competitors' inventory and trends.
Streamlines vehicle reconditioning and team collaboration.
Adjusts vehicle prices using market data for faster sales.
Apps and channels of Carketa
Carketa publishes 2 mobile apps with over 500 downloads; its YouTube channel Carketa has 54 subscribers and 30 videos.
Videos from Carketa
The most watched videos on Carketa's YouTube channel, Carketa (54 subscribers). Click a video to play it here.
More on Carketa.
Funding Insights of Carketa
Carketa has successfully raised a total of $11.78M across 4 strategic funding rounds. 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 $11.78M
- Total Rounds 4
- First Round $1.38M
(Aug 2020)
- Investors Count 9
All 4 funding rounds of Carketa 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 |
|---|---|---|---|---|---|
| Nov 2025 | Series A | – | – | ||
| Aug 2024 | $4.4M | Series A | – | Capital Eleven | |
| Nov 2021 | $6M | Series A | – | Origin Ventures | |
| Aug 2020 | $1.38M | Seed | – | Crosslink Capital |
9 investors in total: 9 institutional.
Investors in Carketa
Carketa has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Capital Eleven, Crosslink Capital and Origin Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| capitaleleven.com | ||||
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States | ||
VC firm investing in the US | originventures.com | Chicago, United States | ||
| peakventures.co.uk | ||||
Cybersecurity investments are made in US seed-to-growth stage firms. | allegiscyber.com | Palo Alto, United States | ||
Web3 venture capital firm partnering on blockchain projects. | hack.vc | |||
Early-stage technology companies are funded by this venture capital firm. | i2bf.com | Beverly Hills, United States | ||
| frazier.vc | ||||
Lancaster is recognized for producing high-quality leather goods. | lancaster.com | Paris, France |
Investor details for Carketa
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Co-investor network
Verified entity values are shown only after access is granted.
People of Carketa
1 people are tracked at Carketa (1 in leadership).
| Name | Role | Group |
|---|---|---|
Brady Thurgood | Founder & CEO | Leadership |
Complete people profiles for Carketa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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Verified entity values are shown only after access is granted.
Timeline of Carketa
3 dated milestones of Carketa across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Carketa is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series A,.
Competitors of Carketa
Carketa has 3 listed competitors in our database, 3 of them funded. They include Upstart, Reynolds and Reynolds and Tekion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upstart.com | 2012 | Palo Alto, United States | $128.65M | 1,497 | Diversified loans are provided via an AI-enabled online marketplace. | |
| reyrey.com | 1866 | Dayton, United States | $24.8M | Software and services for automotive dealership retailing are provided. | ||
| tekion.com | 2016 | Pleasanton, United States | $600M | 640 | AI and cloud-driven systems for auto dealership management are provided. |
Detailed competitors of Carketa
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Carketa
The website of Carketa (carketa.com) receives about 7.5K visits a month.
- Monthly visits7.5K
▼ 10.2% vs previous month
Websites whose visitors overlap most with Carketa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| marketcheck.com | 100% | 25.4K | #935,669 | View details | |
| caredge.com | 44% | 995.7K | #40,724 | View details |
Top companies in Automotive Technology & Systems
3 companies that operate in the same segment as Carketa (Automotive Technology & Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based ERP software is provided for automotive and manufacturing sectors. | 1972 | Austin, Texas, United States | USD 229.28 M | 834 |
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Related news about Carketa
Complete news archive for Carketa
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Frequently Asked Questions about Carketa
Carketa was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Carketa is headquartered in Lehi, United States. It is registered at Lehi, Utah, United States.
Brady Thurgood is the CEO of Carketa, as recorded in our data. They have also founded this company.
Carketa is a funded company, having raised a total of $11.78M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.38M, raised on Aug 2020.
Carketa was founded in 2018 in Lehi, United States, by Brady Thurgood as CEO. Solutions for inventory management in the automotive sector are delivered, covering pricing, reconditioning, inspection processes, reporting tools, and additional features. Operations focus on dealership needs, with the platform supporting efficient inventory handling across the United States.
Carketa's top competitors include Upstart, Reynolds and Reynolds and Tekion.
Carketa offers Appraising Tool, Buying Inventory, Analyzing Competition, Reconditioning Management, and Pricing Inventory.
Carketa has 9 investors. Key investors include Capital Eleven, Crosslink Capital, Origin Ventures, Peak Ventures, and AllegisCyber Capital.
Carketa operates through Carketa, Inc..
Yes. Carketa publishes Carketa and 1 more app, with over 500 downloads.