About Caroo
Caroo is a Retail company based in Los Angeles (United States) founded in 2014. Caroo has raised $20 million across 1 funding round from investors including Alpha Edison, GC1 Holding and Corazon. The company has 75 employees. Caroo offers products and services including Digital Gift Cards, Personality Assessment, Team Gifts, and eCards. Its focus areas include Consumer, Online Gifting, Ecommerce and Corporate Gifts. Its competitors include CustomInk, Alyce and Snappy; 3 of its 3 listed competitors have raised funding.
Company details
Online gifting platform for corporate. The product catalog includes gift boxes containing snacks from different brands, themed gift box, e-gifts, and gift box containing custom gift curation.
- Total Equity Funding$20M (USD)
in 1 rounds
- Latest Funding Round$20M (USD), Series B
Nov 2021
- InvestorsAlpha Edison
& 3 more
- Employee Count75
Products & Services of Caroo
Caroo offers a comprehensive portfolio of products and services, including Digital Gift Cards, Personality Assessment, Team Gifts, and eCards.
Provides immediate digital delivery for recipient choice.
Helps understand employee fulfillment and preferences.
Enables sending gifts to entire teams at once.
Facilitates collaborative digital messages for occasions.
Funding Insights of Caroo
Caroo has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series B round of $20 million completed in November 2021. 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 $20M
- Total Rounds 1
- Last Round Series B — $20M
- First Round $20M
(Nov 2021)
- Investors Count 4
All 1 funding rounds of Caroo 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 2021 | $20M | Series B | – | Alpha Edison |
4 investors in total: 4 institutional.
Investors in Caroo
Caroo has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Alpha Edison, GC1 Holding and Corazon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Series A and growth-stage investments are made by Alpha Edison. | alphaedison.com | Los Angeles, United States | ||
Venture capital firm investing in multiple sectors | gc1holding.com | Culiacan, Mexico | ||
Venture capital fund investing in early-stage tech startups | paypal.vc | San Jose, United States | ||
| corazon.com |
Investor details for Caroo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Caroo
5 people are tracked at Caroo (1 in leadership, 4 in team); the tracked headcount is 75.
| Name | Role | Group |
|---|---|---|
Julianne (JZ) Zhang | VP Partnerships & Ops | Leadership |
Rajashekar Gaddam | Salesforce Developer | Team |
Spandana V | Salesforce Developer/Admin | Team |
Erica Herron Twidle | Senior Account Executive | Team |
Kelly Bales | Controller | Team |
Complete people profiles for Caroo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Caroo
2 dated milestones of Caroo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Caroo is founded.
- Funding First funding round of $20.0M.
Competitors of Caroo
Caroo has 3 listed competitors in our database, 3 of them funded. They include CustomInk, Alyce and Snappy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| customink.com | 2000 | Fairfax, United States | $41.75M | 1,596 | Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | |
| alyce.com | 2015 | Boston, United States | $48.45M | 82 | Artificial intelligence based platform for corporate gifting | |
| snappy.com | 2015 | New York, United States | $130M | Corporate gifts are provided via an online platform for businesses. |
Detailed competitors of Caroo
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- Full competitor set
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Web traffic of Caroo
The website of Caroo (caroo.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 53.6% vs previous month
Websites whose visitors overlap most with Caroo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| axomo.com | 100% | 680.7K | #444,900 | View details | |
| getbenepass.com | 85% | 143.3K | #215,536 | View details | |
ecardwidget.com | ecardwidget.com | 74% | #951,894 | – | |
| audience.co | 72% | 7.7K | #2,814,663 | View details | |
| getflip.com | 68% | 62.7K | #490,906 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Caroo
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Top companies in Stationery, Gifting & Handicrafts E-Commerce
3 companies that operate in the same segment as Caroo (Stationery, Gifting & Handicrafts E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Personalized video messages from celebrities are booked online. | 2017 | Chicago, Illinois, United States | USD 193.71 M | 355 | ||
Reward-based crowdfunding is enabled via no-inventory t-shirt sales. | 2000 | Fairfax, Virginia, United States | USD 41.75 M | USD 191.13 K | 1,596 | |
Online wedding registry and gifts marketplace is operated. | 2013 | New York, New York, United States | USD 141.1 M | 101 |
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Related news about Caroo
Complete news archive for Caroo
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Frequently Asked Questions about Caroo
Caroo was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Caroo is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Caroo is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series B of $20M, raised on Nov 2021.
Caroo has 75 employees.
Online gifting platform for corporate. The product catalog includes gift boxes containing snacks from different brands, themed gift box, e-gifts, and gift box containing custom gift curation.
Caroo offers Digital Gift Cards, Personality Assessment, Team Gifts, and eCards.
Caroo has 4 investors. Key investors include Alpha Edison, GC1 Holding, Corazon, and PayPal Ventures.