About CarOffer
CarOffer is a company based in Plano (United States) founded in 2019 was acquired by CarGurus in December 2020.. CarOffer offers products and services including Inventory Buying Platform and Inventory Selling Platform. CarOffer operates in a competitive market with competitors including ACV Auctions, Copart, Droom, CarLotz and Openlane, among others.
- Headquarter Plano, United States
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Caroffer, Llc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of CarOffer
CarOffer offers a comprehensive portfolio of products and services, including Inventory Buying Platform and Inventory Selling Platform. 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.
Tool for dealers to buy used cars with data insights
Platform for selling used cars efficiently and in real-time
Unlock access to complete
Funding Insights of CarOffer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CarOffer
CarOffer has secured backing from 1 investor. Prominent investors backing the company include CarGurus. 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 |
|---|---|---|---|---|
|
Automotive vehicle listings are managed via an app-based platform.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CarOffer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CarOffer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Caroffer Comparisons
Competitors of CarOffer
CarOffer 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 ACV Auctions, Copart, Droom, CarLotz and Openlane, 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 |
B2B online auctions for car dealers' inventory are facilitated.
|
|
| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Used vehicles are bought and sold through an AI platform.
|
|
| domain | founded_year | HQ Location |
Used cars are traded via an online consignment platform.
|
|
| domain | founded_year | HQ Location |
Wholesale used vehicles are auctioned online for dealers.
|
|
| domain | founded_year | HQ Location |
Pre-owned cars are purchased outright through an online platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Caroffer
Frequently Asked Questions about CarOffer
When was CarOffer founded?
CarOffer was founded in 2019.
Where is CarOffer located?
CarOffer is headquartered in Plano, United States. It is registered at Plano, Texas, United States.
What does CarOffer do?
CarOffer was founded in 2019 and is based in Plano, United States. An online B2B marketplace in the used automotive sector is maintained, where vehicles are bought and sold at retail and wholesale levels. A digital trading platform is provided for dealers, along with tools for vehicle acquisition and appraisal management to support inventory operations.
Who are the top competitors of CarOffer?
CarOffer's top competitors include CarLotz, ACV Auctions and Droom.
What products or services does CarOffer offer?
CarOffer offers Inventory Buying Platform and Inventory Selling Platform.
Who are CarOffer's investors?
CarOffer has 1 investor. Key investors include CarGurus.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.