CarNet.com
About CarNet.com
CarNet.com is a company founded in 2021 was acquired by AXA in November 2023.. CarNet.com operates in a competitive market with competitors including Carvana, Kavak, Spinny, CarDekho and Cazoo, among others.
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Funding Insights of CarNet.com
| 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 |
Investors in CarNet.com
CarNet.com has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AXA. 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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Insurance, banking, and wealth management services are provided worldwide.
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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CarNet.com
| 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 - CarNet.com
| 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 |
Carnet.Com Comparisons
Competitors of CarNet.com
CarNet.com 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 Carvana, Kavak, Spinny, CarDekho and Cazoo, 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 |
Pre-owned vehicles are sold online with financing and valuation services.
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| domain | founded_year | HQ Location |
Pre-owned cars are certified, inspected, and traded online via Kavak.
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| domain | founded_year | HQ Location |
Retailer of inspected, certified pre-owned vehicles with service and finance options
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Retailer of new automobiles, used vehicles, and related automotive news
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Online dealer of second-hand cars
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Second-hand cars are listed online to connect buyers and sellers.
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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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Frequently Asked Questions about CarNet.com
When was CarNet.com founded?
CarNet.com was founded in 2021.
Who is the current CEO of CarNet.com?
Fabrizio Petrillo is the current CEO of CarNet.com.
What does CarNet.com do?
CarNet.com, led by Fabrizio Petrillo as CEO, specializes in auto, auto retail aftersales, dealership, cars, and used. Provider of dealership services for selling used cars. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.
Who are the top competitors of CarNet.com?
Who are CarNet.com's investors?
CarNet.com has 1 investor. Key investors include AXA.
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