About Carriage
Carriage is a company based in Houston (United States) founded in 1991 by Melvin Payne.. The company has 2,420 employees as of December 31, 2024. Carriage has completed 3 acquisitions, including Covenant Funeral Service, Greenlawn and Poole Funeral. Carriage operates in a competitive market with competitors including Empathy, Better Place Forests, Service Corporation International, After and Eterneva, among others.
- Headquarter Houston, United States
- Employees 2420 as on 31 Dec, 2024
- Founders Melvin Payne
- Stage Public
-
Sectors
Business Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Carriage Services, Inc.
-
Annual Revenue
$407.79 M6.17as on Dec 31, 2024
-
Net Profit
$32.52 M-1.77as on Dec 31, 2024
-
EBITDA
$111.22 M5.92as on Dec 31, 2024
-
Latest Funding Round
$325 M (USD), Debt – Conventional
May 31, 2018
-
Investors
-
Employee Count
2420
as on Dec 31, 2024
-
Investments & Acquisitions
Covenant Funeral Service
& 2 more
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
IPO & Listings of Carriage
Carriage is a publicly listed company on the NYSE with ticker symbol CSV in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Unlock access to complete
Unlock access to complete
Funding Insights of Carriage
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $325.0M
-
First Round
First Round
(01 Mar 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Debt – Conventional - Carriage | Valuation |
investors |
|
| May, 2018 | Amount | Post-IPO - Carriage | Valuation |
investors |
|
| Mar, 2014 | Amount | Post-IPO - Carriage | Valuation |
investors |
|
| 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 |
Investments & Acquisitions by Carriage
Carriage has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Covenant Funeral Service, Greenlawn and Poole Funeral. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Funeral and cemetery services are provided in Bakersfield.
|
2006 | ||||
|
Funeral services are provided in Knightdale, United States.
|
2003 | ||||
|
Funeral services are provided in Fredericksburg, United States.
|
2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Carriage
| 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 |
Carriage Comparisons
Competitors of Carriage
Carriage 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 Empathy, Better Place Forests, Service Corporation International, After and Eterneva, 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 |
Support for life's transitions is provided by Empathy.
|
|
| domain | founded_year | HQ Location |
Forest burial and memorial services are provided to families.
|
|
| domain | founded_year | HQ Location |
Funeral and cemetery services are provided through a nationwide network.
|
|
| domain | founded_year | HQ Location |
Cremation services are provided via an online platform.
|
|
| domain | founded_year | HQ Location |
Personalized diamond jewelry is created from human and pet ashes.
|
| 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 Carriage
Frequently Asked Questions about Carriage
When was Carriage founded?
Carriage was founded in 1991 and raised its 1st funding round 23 years after it was founded.
Where is Carriage located?
Carriage is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
How many employees does Carriage have?
As of Dec 31, 2024, the latest employee count at Carriage is 2,420.
What is the annual revenue of Carriage?
Annual revenue of Carriage is $407.79M as on Dec 31, 2024.
What does Carriage do?
Carriage was founded in 1991 in Houston, United States, as a provider of funeral services. Operations are centered in the deathcare sector, with funeral arrangements and related support handled across multiple locations. Leadership is held by co-founder Melvin Payne and President Steve Metzger. The company maintains a presence through its domain, carriageservices.com, serving families in need of end-of-life care.
Who are the top competitors of Carriage?
Carriage's top competitors include Empathy, Better Place Forests and Service Corporation International.
Is Carriage publicly traded?
Yes, Carriage is publicly traded on NYSE under the ticker symbol CSV.
How many acquisitions has Carriage made?
Carriage has made 3 acquisitions, including Covenant Funeral Service, Greenlawn, and Poole Funeral.
What is Carriage's ticker symbol?
The ticker symbol of Carriage is CSV on NYSE.