About CarSwitch
CarSwitch is a Transportation, Automotive & Logistics company based in Dubai (United Arab Emirates) founded in 2016 by Imad Hammad. Used cars are bought and sold via an app-based marketplace. CarSwitch has raised $9.3 million across 3 funding rounds from investors including Dubai Angel Investors, B&Y Venture Partners and Glowfish Ventures. Its chief executive, as recorded, is Imad Hammad. Its website carswitch.com draws about 373 thousand monthly visits. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Dubicars.com, YallaMotor and Auto Trader UAE.
Company details
CarSwitch was founded in 2016 in Dubai, United Arab Emirates, as a marketplace in the used automotive sector. Basic car details and upfront prices are provided by sellers, followed by quality inspections conducted by certified mechanics. Verified cars are listed with warranties, and one-time show days are arranged for viewings. Paperwork is handled post-sale. Buyers search inventory and purchase through the Android app.
- Headquarters Dubai, United Arab Emirates
- Founders Imad Hammad
- SectorsTransportation, Automotive & Logistics
- Website category Vehicles · Automotive Industry
- Email••••••••
- Website carswitch.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$9.3M (USD)
in 3 rounds
- Latest Funding Round$7M (USD), Series A
Aug 2020
- InvestorsDubai Angel Investors
& 2 more
Apps and channels of CarSwitch
CarSwitch publishes 2 mobile apps with over 100K+ downloads.
Funding Insights of CarSwitch
CarSwitch has successfully raised a total of $9.3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in August 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 $9.3M
- Total Rounds 3
- Last Round Series A — $7M
- First Round $1.3M
(Mar 2017)
- Investors Count 3
All 3 funding rounds of CarSwitch 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 |
|---|---|---|---|---|---|
| Aug 2020 | $7M | Series A | – | B&Y Venture Partners | – |
| Mar 2018 | $1M | Seed | – | Dubai Angel Investors, Glowfish Capital | – |
| Mar 2017 | $1.3M | Seed | – | – |
3 investors in total: 3 institutional.
Investors in CarSwitch
CarSwitch has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Dubai Angel Investors, B&Y Venture Partners and Glowfish Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global tech firms are funded at seed and growth stages. | byvp.com | Beirut, Lebanon | ||
Angel investments in seed-stage tech firms in Dubai are provided. | 2016 | dubaiangelinvestors.me | Dubai, United Arab Emirates | |
Disruptive tech ventures are funded and built by Glowfish Ventures. | glowfishcapital.com | Dubai, United Arab Emirates |
Investor details for CarSwitch
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People of CarSwitch
29 people are tracked at CarSwitch (5 in leadership, 24 in team).
| Name | Role | Group |
|---|---|---|
Imad Hammad | Founder & CEO | Leadership |
Tarek Halabi | General Manager | Leadership |
Irfan Anwer | Finance Business Partner | Leadership |
Ramiz Islam - Digital Marketing | Head Of Marketing | Leadership |
Rabia S. | HR Manager/recruitment Head | Leadership |
muhammad ali | Sales Specialist | Team |
Mennaa S. | Senior Operations Manager | Team |
Ahmed Kamal Abbas | Sales Representative | Team |
Boubaker Bougrit | Business Development Manager | Team |
Kamel ABBOU, MSc | Country Manager | Team |
Nazar Ghafoor | Sales Executive | Team |
Mohamed Elgohary | Customer Service Representative | Team |
Ahmad Imtiaz | Sales Executive | Team |
Ahmed Sami | Customer Service Specialist | Team |
Muhammad Ashfaq | Principal Fronted Engineer | Team |
muiz saed | Customer Relationship Executive | Team |
Umer Farooq | Customer Service Representative and Coordinator | Team |
Mira Mahgoub | Customer Service Representative | Team |
Islam Ahmed | Customer Care Manager | Team |
Muhammad Sameer | Sales Support Representative | Team |
9 more people are available in the full profile.
Complete people profiles for CarSwitch
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of CarSwitch
3 dated milestones of CarSwitch across 4 years, from founding to its latest funding, stage changes and deals.
- Founded CarSwitch is founded.
- Funding First funding round of $1.3M.
- Funding Latest funding round, Series A, of $7.0M.
Competitors of CarSwitch
CarSwitch has 3 listed competitors in our database. They include Dubicars.com, YallaMotor and Auto Trader UAE.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dubicars.com | 2014 | Dubai, United Arab Emirates | B2C used car listing platform | |||
| yallamotor.com | 2012 | Dubai, United Arab Emirates | Provides an online platform for listing new and used cars. | |||
| autotraderuae.com | 1999 | Dubai, United Arab Emirates | Operates an online platform providing listings for various categories of second-hand vehicles. |
Detailed competitors of CarSwitch
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Web traffic of CarSwitch
The website of CarSwitch (carswitch.com) receives about 373.1K visits a month and ranks #104,078 among all websites worldwide, #2,144 in Automotive Industry.
- Monthly visits373.1K
▼ 3.1% vs previous month
- Unique visitors171.6K
per month
- Global rank#104,078
among all websites
- Category rank#2,144
Vehicles · Automotive Industry
- Bounce rate34%
- Pages per visit4.0
- Average visit2 min 07 sec
- DevicesDesktop 32% · Mobile 68%
Websites whose visitors overlap most with CarSwitch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dubicars.com | 100% | 1.4M | #27,102 | View details | |
automall.ae | automall.ae | 88% | #198,314 | – | |
| emiratesauction.com | 80% | 318.8K | #119,798 | View details | |
| autotraders.ae | 79% | #316,205 | View details | ||
| albacars.ae | 78% | #334,297 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for CarSwitch
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Related news about Carswitch
Complete news archive for CarSwitch
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Frequently Asked Questions about CarSwitch
CarSwitch was founded in 2016 and raised its 1st funding round 1 year after it was founded.
CarSwitch is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Imad Hammad is the CEO of CarSwitch, as recorded in our data. They have also founded this company.
CarSwitch is a funded company, having raised a total of $9.3M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Mar 2017.
CarSwitch was founded in 2016 in Dubai, United Arab Emirates, as a marketplace in the used automotive sector. Basic car details and upfront prices are provided by sellers, followed by quality inspections conducted by certified mechanics. Verified cars are listed with warranties, and one-time show days are arranged for viewings. Paperwork is handled post-sale. Buyers search inventory and purchase through the Android app.
CarSwitch's top competitors include Dubicars.com, YallaMotor and Auto Trader UAE.
CarSwitch has 3 investors. Key investors include Dubai Angel Investors, B&Y Venture Partners, and Glowfish Ventures.
Yes. CarSwitch publishes CarSwitch | Used Cars in UAE and 1 more app, with over 100,000 downloads.
The website of CarSwitch receives about 373 thousand visits a month and ranks #104,078 among all websites worldwide.