KarFarm

San Francisco, United States Founded: 2011 • Age: 15 yrs
Cars are purchased online via a consultant matchmaking platform.

About KarFarm

KarFarm is a company based in San Francisco (United States) founded in 2011.. KarFarm has raised $1.25 million across 1 funding round from investors including Cherubic Ventures, igniteXL Ventures and Innobridge Capital. KarFarm offers products and services including AI Assistant and Analytics Platform. KarFarm operates in a competitive market with competitors including AutoNation, BacklotCars, Xcite Automotive, Signal Automotive and Larry H. Miller Dealerships, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Karfarm Inc.
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.25 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.25 M (USD), Seed

    Jun 14, 2016

  • Investors
  • Employee Count
    Employee Count
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Products & Services of KarFarm

KarFarm offers a comprehensive portfolio of products and services, including AI Assistant and Analytics Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Customizable AI for guiding sales teams in customer engagement.

Provides detailed reports to optimize automotive retail metrics.

People of KarFarm
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Brendan Dolan
VP of Dealer Operations
People
Taeyang Yoon
Founder/CEO

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Teams

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Funding Insights of KarFarm

KarFarm has successfully raised a total of $1.25M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.25 million completed in June 2016. 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
  • Total Rounds 1
  • Last Round Seed — $1.2M
  • First Round

    (14 Jun 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Seed - KarFarm Valuation Cherubic Ventures , igniteXL
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

Investors in KarFarm

KarFarm has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cherubic Ventures, igniteXL Ventures and Innobridge Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Seed-stage technology startups are invested in by Cherubic Ventures.
Founded Year Domain Location
-
Founded Year Domain Location
A global seed fund is operated to support health and wellness innovation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by KarFarm

Investments
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

Financial Statements - KarFarm

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Karfarm Comparisons

Employees
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Competitors of KarFarm

KarFarm 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 AutoNation, BacklotCars, Xcite Automotive, Signal Automotive and Larry H. Miller Dealerships, 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
New and used vehicles are offered online by AutoNation.
domain founded_year HQ Location
B2B new car marketplace platform
domain founded_year HQ Location
Provider of a suite of management solutions for automotive dealerships
domain founded_year HQ Location
Dealer of cars
domain founded_year HQ Location
Online dealer of new vehicles
domain founded_year HQ Location
New and used cars are purchased via an online platform.
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 Karfarm

Frequently Asked Questions about KarFarm

When was KarFarm founded?

KarFarm was founded in 2011 and raised its 1st funding round 5 years after it was founded.

Where is KarFarm located?

KarFarm is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is KarFarm a funded company?

KarFarm is a funded company, having raised a total of $1.25M across 1 funding round to date. The company's 1st funding round was a Seed of $1.25M, raised on Jun 14, 2016.

What does KarFarm do?

Founded in 2011 and based in San Francisco, United States, KarFarm operates as an online automotive platform. New vehicles are selected by users, after which handpicked and verified sales consultants locate suitable options from various dealerships. Anonymous chats are facilitated on the platform without sharing contact details. Offers are provided for user selection, followed by order placement and delivery to homes or offices.

Who are the top competitors of KarFarm?

KarFarm's top competitors include AutoNation, BacklotCars and Larry H. Miller Dealerships.

What products or services does KarFarm offer?

KarFarm offers AI Assistant and Analytics Platform.

Who are KarFarm's investors?

KarFarm has 3 investors. Key investors include Cherubic Ventures, igniteXL Ventures, and Innobridge Capital.

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