About Checkars
Checkars is a company based in Buenos Aires (Argentina) founded in 2018 by Jaime Macaya and Juan Cruz de la Rua was acquired by Kavak in September 2020. Checkars has raised $125 thousand across 1 funding round from investors including Kavak and Y Combinator. Checkars operates in a competitive market with competitors including Kavak, TuCarro, Karvi, Auto Foco and AutoDrive, among others.
- Headquarter Buenos Aires, Argentina
- Founders Jaime Macaya, Juan Cruz de la Rua
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website checkars.com
- Social LinkedIn X Facebook
- Acquired by Kavak (Sep 2020)
Funding Insights of Checkars
Checkars has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Jun 2020)
- Investors Count 1
All 1 funding rounds of Checkars 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 |
|---|---|---|---|---|---|
| Jun 2020 | $125,000 | Seed | – | Y Combinator | – |
2 investors in total: 2 institutional.
Investors in Checkars
Checkars has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Kavak and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | kavak.com | - |
Investor details for Checkars
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Checkars
166 people are tracked at Checkars (51 in leadership, 115 in team).
| Name | Role | Group |
|---|---|---|
Jaime Macaya | Co-Founder & CEO | Leadership |
Juan Cruz de la Rua | Co-Founder & COO | Leadership |
Lucas Cunha | Head Jurídico | Leadership |
Carlos Garcia Ottati | Founder & CEO | Leadership |
Marcial Amieva Guevara | Head Of Product | Leadership |
Daniel Mugica | VP Of Engineering | Leadership |
Franco Hatzerian | Data & CX Global Head | Leadership |
Cagdas Yildirim | General Manager | Leadership |
Saúl Crespo Laborem | Chief Of Staff And Corporate Affairs | Leadership |
Andrea P. | Head Of People GCC | Leadership |
Rodolpho Mendes Motta | Head Of Loss Prevention | Security | Risk Management | HSE | Facilities | Procurement | RE & SD | Leadership |
Diego Ignacio Pacheco Mendoza | Director De Operaciones | Leadership |
Moises Flores Botello | CFO | Leadership |
Loreanne Garcia | Co-Founder & Chief People Officer | Leadership |
Noelia Martínez | Head Of Product Management L Global E-commerce | Leadership |
Nelson Luis Noriega | General Manager - Fintech New Products | Leadership |
Luciano Nahuel Ríos | Product Management Sr. Director | Leadership |
Juan Cruz de la Rúa | Chief International Officer | Leadership |
Ignacio J. Angrigiani | Engineering Director | Leadership |
Paul Terrein | Head Of Finance | Leadership |
146 more people are available in the full profile.
Complete people profiles for Checkars
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Checkars
3 dated milestones of Checkars across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Checkars is founded.
- Funding First funding round of $125K.
- Exit Acquired by Kavak.
Competitors of Checkars
Checkars 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 Kavak, TuCarro, Karvi, Auto Foco and AutoDrive, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kavak.com | 2016 | – | $1.68B | 2,500 | Pre-owned cars are certified, inspected, and traded online via Kavak. | |
| tucarro.com | 1998 | Buenos Aires, Argentina | $1M | – | Automobiles and vehicles are listed online via TuCarro's classifieds portal. | |
| karvi.com.ar | 2020 | Buenos Aires, Argentina | $3M | – | Used cars are facilitated through an online B2C marketplace. | |
| autofoco.com | 2000 | Buenos Aires, Argentina | – | – | Online classifieds network for automobile sales and fintech services in Latin America. | |
| autodrive.com.ar | 2009 | Buenos Aires, Argentina | – | – | Sells and services Jeep and Ram vehicles at multiple locations in Argentina. | |
| matchine.app | 2021 | Rosario, Argentina | – | – | A mobile app for finding, buying, and selling vehicles. | |
| autonoroeste.com | 2009 | Buenos Aires, Argentina | – | – | Online platform for buying and selling used and new vehicles through classified ads. |
Detailed competitors of Checkars
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.
Similar companies to Checkars
10 companies that operate in the same segment as Checkars (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pre-owned vehicles are sold online with financing and valuation services. | 2012 | Phoenix, Arizona, United States | USD 460 M | USD 20.32 B | 17,400 | |
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Retailer of inspected, certified pre-owned vehicles with service and finance options | 2015 | Gurugram, Haryana, India | USD 716.48 M | USD 446.48 M | 3,992 | |
Pre-owned cars are certified, inspected, and traded online via Kavak. | 2016 | Lerma De Villada, Estado De Mexico, Mexico | USD 1.98 B | – | 2,500 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Provider of car service and repair network | 2016 | Gurugram, Haryana, India | USD 62.01 M | USD 8.06 M | 171 | |
Second-hand cars are listed online to connect buyers and sellers. | 2003 | Mumbai, Maharashtra, India | USD 5.89 M | USD 5.28 M | 451 | |
Vehicle parts and accessories are sold via an online platform. | 1897 | Walsall, West Midlands, United Kingdom | USD 20.37 M | – | – | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Retailer of new automobiles, used vehicles, and related automotive news | 2008 | Jaipur, Rajasthan, India | USD 60 M | USD 289.58 M | 721 |
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
Frequently Asked Questions about Checkars
Checkars was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Checkars is headquartered in Buenos Aires, Argentina.
Jaime Macaya is the current CEO of Checkars. They have also founded this company.
Checkars is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2020.
Checkars was founded in 2018 in Buenos Aires, Argentina, as an online platform in the used car sector. Operations enable buyers to search inventory, request test drives, and access services such as insurance, finance, and inspections. Sellers can obtain quotes and view real-time market prices for their vehicles. The platform facilitates transactions in the secondary automotive market.
Checkars has 2 investors. Key investors include Kavak, and Y Combinator.
Yes. Checkars was acquired by Kavak in September 2020.