Carketa

Lehi, United States Founded: 2018 • Age: 8 yrs
Inventory management solutions are provided for automotive dealerships.
Annual revenue - Latest available
Total funding $11.8M 4 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 5 Services tracked
Competitors 11 Brand Intelligence

About Carketa

Carketa is a company based in Lehi (United States) founded in 2018 by Brady Thurgood. Carketa has raised $11.78 million across 4 funding rounds from investors including Capital Eleven, Crosslink Capital and Origin Ventures. Carketa offers products and services including Appraising Tool, Buying Inventory, Analyzing Competition, Reconditioning Management, and Pricing Inventory. Carketa operates in a competitive market with competitors including Upstart, Reynolds and Reynolds, Tekion, CDK Global and Seez, among others.

  • Headquarter Lehi, United States
  • Founders Brady Thurgood
  • Sectors
    Transportation, Automotive & Logistics
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  • Legal Name Carketa, Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $11.78 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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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.

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Offers real-time vehicle appraisals to ensure accurate pricing.

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Helps dealers identify and source profitable vehicles quickly.

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Enables monitoring of competitors' inventory and trends.

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Streamlines vehicle reconditioning and team collaboration.

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Adjusts vehicle prices using market data for faster sales.

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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Venture capital is invested in various sectors by Crosslink Capital.
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VC firm investing in the US
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Investor details for Carketa

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Investments & Acquisitions by Carketa

Investments
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Investment portfolio details for Carketa

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Financial Statements - Carketa

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Detailed financials for Carketa

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Carketa Comparisons

Carketa Primary company
Description
Inventory management solutions are provided for automotive d...
Location
Lehi, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Carketa

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Competitors of Carketa

Carketa 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 Upstart, Reynolds and Reynolds, Tekion, CDK Global and Seez, among others.

Company Name Domain Founded year HQ Location Description
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Diversified loans are provided via an AI-enabled online marketplace.
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Software and services for automotive dealership retailing are provided.
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AI and cloud-driven systems for auto dealership management are provided.
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Cloud-driven management systems for auto dealerships are provided.
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Developer of an online P2P marketplace for used cars
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Dealership management solutions are provided for automotive dealers.
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Detailed competitors of Carketa

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Latest news on Carketa

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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 current CEO of Carketa. They have also founded this company.

Carketa is a funded company, having raised a total of $11.78M across 4 funding rounds to date.

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 Seez.

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.

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