About Carnovo
Carnovo is a company based in Barcelona (Spain) founded in 2016 by Gerard Olive, Santiago Vernetta, and Ferran Jover.. Carnovo has raised $9.8 million across 2 funding rounds from investors including Mountain Partners, R-301 Capital and Antai Ventures. Carnovo offers products and services including Car Buying Platform, Offer Comparison Service, and Vehicle Guides. Carnovo operates in a competitive market with competitors including Copart, Trive Automotive, AutoBeeBee, Bicimarket and everybodyCar, among others.
- Headquarter Barcelona, Spain
- Founders Gerard Olive, Santiago Vernetta, Ferran Jover
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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
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.8 M (USD)
in 2 rounds
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Latest Funding Round
$7.61 M (USD), Series A
Oct 05, 2020
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Investors
Mountain Partners
& 2 more
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Employee Count
Employee Count
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Products & Services of Carnovo
Carnovo offers a comprehensive portfolio of products and services, including Car Buying Platform, Offer Comparison Service, and Vehicle Guides. 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.
Online tool for comparing and purchasing new and used cars.
Service to evaluate dealer offers for various car models.
Guides providing details on car features and reviews.
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Funding Insights of Carnovo
Carnovo has successfully raised a total of $9.8M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.61 million completed in October 2020. 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 2
- Last Round Series A — $7.6M
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First Round
First Round
(10 May 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Series A - Carnovo | Valuation | Mountain Partners | |
| May, 2017 | Amount | Seed - Carnovo | Valuation | Antai Ventures |
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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 |
Investors in Carnovo
Carnovo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Mountain Partners, R-301 Capital and Antai Ventures. 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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Global tech investments are made by venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage tech investments are made by micro-VC firm in Italy.
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Founded Year | Domain | Location | |
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Investments are made in seed-Series B companies by Antai Ventures.
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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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Founded Year | Domain | Location | |
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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 Carnovo
| 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 - Carnovo
| 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 |
Carnovo Comparisons
Competitors of Carnovo
Carnovo 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 Copart, Trive Automotive, AutoBeeBee, Bicimarket and everybodyCar, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Online platform for vehicle maintenance, inspections, and automotive support services.
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| domain | founded_year | HQ Location |
Operates an online marketplace for buying new cars.
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| domain | founded_year | HQ Location |
Operates a digital platform for purchasing bicycles, e-bikes, and cycling accessories.
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| domain | founded_year | HQ Location |
Buyers are connected via groups to negotiate car prices collectively.
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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 Carnovo
When was Carnovo founded?
Carnovo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Carnovo located?
Carnovo is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of Carnovo?
Ferran Jover is the current CEO of Carnovo. They have also founded this company.
Is Carnovo a funded company?
Carnovo is a funded company, having raised a total of $9.8M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.18M, raised on May 10, 2017.
What does Carnovo do?
Carnovo was established in 2016 in Barcelona, Spain, as an online platform in the automotive sector. New cars are offered through an auction system where configurations and selections are made by users. Offers from various dealers are compared based on proximity, price, and valuation. Purchases are completed directly at dealerships using the agreed prices, facilitating access to multiple options.
Who are the top competitors of Carnovo?
Carnovo's top competitors include Copart, DriveK and everybodyCar.
What products or services does Carnovo offer?
Carnovo offers Car Buying Platform, Offer Comparison Service, and Vehicle Guides.
Who are Carnovo's investors?
Carnovo has 3 investors. Key investors include Mountain Partners, R-301 Capital, and Antai Ventures.