CarZar

Cape Town, South Africa Founded: 2016 • Age: 10 yrs
Online C2B platform to sell cars

About CarZar

CarZar is a Transportation, Automotive & Logistics company based in Cape Town (South Africa) founded in 2016. Online C2B platform to sell cars. CarZar offers products and services including Sell My Car Service, Vehicle Finance Arrangement, and Ownership Assistance. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include We Buy Cars, Getworth and GoBid; 1 of its 3 listed competitors has raised funding.

Company details

CarZar was founded in 2016 in Cape Town, South Africa, as an online C2B platform in the automotive sector. Free valuations of vehicles are provided based on make, model, year, and mileage. Inspections are scheduled at dedicated centers or users homes. Final offers are extended following physical assessments, allowing users to accept or decline them. Operations focus on streamlining car sales from consumers to buyers.

  • Headquarters Cape Town, South Africa
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website carzar.co.za
  • Social LinkedIn X Facebook
Key Metrics

Products & Services of CarZar

CarZar offers a comprehensive portfolio of products and services, including Sell My Car Service, Vehicle Finance Arrangement, and Ownership Assistance.

Sell My Car Service
Car Selling Platform

Platform for selling used cars quickly with fair pricing.

Vehicle Finance Arrangement
Financial Services

Assists in arranging car finance for buyers and sellers.

Ownership Assistance
Support Services

Provides help with vehicle shopping and ownership processes.

Funding Insights of CarZar

  • Total Rounds 2
  • Investors Count 2

All 2 funding rounds of CarZar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2017Seed––
Jun 2016Seed––
Valuation history

2 investors in total: 2 institutional.

Investors in CarZar

CarZar has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Silvertree Holding and VNV Global.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments in tech startups are managed by VNV Global.
1996vnv.globalStockholm, Sweden
Venture capital is provided to early-stage African tech firms.
2013silvertree.holdingsCape Town, South Africa
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Investor details for CarZar

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  • Round participation
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Timeline of CarZar

3 dated milestones of CarZar across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded CarZar is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed,.

Competitors of CarZar

CarZar has 3 listed competitors in our database, 1 of them funded. They include We Buy Cars, Getworth and GoBid.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
webuycars.co.za2001Pretoria, South Africa
Cars are bought from owners through an online submission process.
getworth.co.za2016Cape Town, South Africa$742,792
Cars are bought and sold via an online peer-to-peer marketplace.
gobid.co.za2021Johannesburg, South Africa
Online auction-based marketplace for used & accident cars
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Detailed competitors of CarZar

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of CarZar

Websites that share an audience with CarZar (carzar.co.za).

Similar websites

Websites whose visitors overlap most with CarZar. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
getworth.co.za
100%
122.4K#318,108View details
cubbicars.co.za
cubbicars.co.za
97%
#619,488–
thecarbuyer.co.za
thecarbuyer.co.za
95%
#10,078,915–
autoadvice.co.za
autoadvice.co.za
94%
#10,792,715–
mitmakmotors.co.za
90%
#166,687View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for CarZar

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Carzar

Fernando Pinheiro leaves CarZar
Aimgroup β€’ 7 years ago
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Complete news archive for CarZar

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about CarZar

CarZar was founded in 2016.

CarZar is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.

CarZar was founded in 2016 in Cape Town, South Africa, as an online C2B platform in the automotive sector. Free valuations of vehicles are provided based on make, model, year, and mileage. Inspections are scheduled at dedicated centers or users homes. Final offers are extended following physical assessments, allowing users to accept or decline them. Operations focus on streamlining car sales from consumers to buyers.

CarZar's top competitors include Getworth, We Buy Cars and GoBid.

CarZar offers Sell My Car Service, Vehicle Finance Arrangement, and Ownership Assistance.

CarZar has 2 investors. Key investors include Silvertree Holding, and VNV Global.

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