About Caroo
Caroo is a 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 as of December 31, 2021. Caroo offers products and services including Digital Gift Cards, Personality Assessment, Team Gifts, and eCards. Caroo operates in a competitive market with competitors including CustomInk, Alyce, Snappy, Loop & Tie and Gemnote, among others.
- Headquarter Los Angeles, United States
- Employees 75 as on 31 Dec, 2021
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Sectors
Retail
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 1 rounds
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Latest Funding Round
$20 M (USD), Series B
Nov 19, 2021
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Investors
Alpha Edison
& 3 more
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Employee Count
75
as on Dec 31, 2021
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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.
People of Caroo
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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.
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.
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Series A and growth-stage investments are made by Alpha Edison.
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Venture capital firm investing in multiple sectors
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Venture capital fund investing in early-stage tech startups
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Investor details for Caroo
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- Investor locations
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Investments & Acquisitions by Caroo
Investment portfolio details for Caroo
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Financial Statements - Caroo
Detailed financials for Caroo
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- Profit trends
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Caroo Comparisons
Peer comparison for Caroo
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Caroo
Caroo 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 CustomInk, Alyce, Snappy, Loop & Tie and Gemnote, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Reward-based crowdfunding is enabled via no-inventory t-shirt sales.
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Artificial intelligence based platform for corporate gifting
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Corporate gifts are provided via an online platform for businesses.
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An online marketplace for gifting digital gift cards is operated.
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Online platform focussed on corporate gifts and greeting cards
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Detailed competitors of Caroo
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Latest news on 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.
As of Dec 31, 2021, the latest employee count at Caroo is 75.
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.