About Kavak
Kavak is a company founded in 2016.. Kavak has raised $1.68 billion across 10 funding rounds from investors including Sea, Goldman Sachs and HSBC. The company has 2,500 employees as of April 30, 2021. Kavak has completed 2 acquisitions, including Checkars and Garaj Sepeti. Kavak operates in a competitive market with competitors including Copart, Carsales, CarSwitch, Webmotors and Syarah, among others.
- Employees 2500 as on 30 Apr, 2021
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Software Development Team
28 people
Product Management Team
27 people
Data Analysis and Operations Team
14 people
Finance and Accounting
11 people
Human Resources and Administration
11 people
Legal and Compliance
8 people
Leadership Team
7 people
Operations Team
6 people
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Funding Insights of Kavak
Kavak has successfully raised a total of $1.68B across 10 strategic funding rounds. The most recent funding activity was a Series E round of $127 million completed in May 2025. 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 Funding
- Total Rounds 10
- Last Round Series E — $127.0M
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First Round
First Round
(07 Dec 2016)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series E - Kavak | Valuation | SoftBank Latin America Fund , General Atlantic | |
| Apr, 2025 | Amount | Debt – Conventional - Kavak | Valuation |
investors |
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| Mar, 2025 | Amount | Series E - Kavak | Valuation | General Atlantic , SoftBank Latin America Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kavak
Kavak has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Sea, Goldman Sachs and HSBC. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital is invested in multiple sectors by the fund.
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Founded Year | Domain | Location | |
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Private equity fund focused on global markets
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kavak
Kavak has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Checkars and Garaj Sepeti. 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 |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Used cars are bought and sold online via Checkars platform.
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2018 | ||||
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Vertical solutions for car owners and automotive workshops are provided.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kavak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kavak Comparisons
Competitors of Kavak
Kavak 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 Copart, Carsales, CarSwitch, Webmotors and Syarah, 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 |
Used and salvaged vehicles are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Online listing platform for used cars
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| domain | founded_year | HQ Location |
Used cars are bought and sold via an app-based marketplace.
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| domain | founded_year | HQ Location |
Online listings of used cars are facilitated by Webmotors.
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| domain | founded_year | HQ Location |
Online B2C marketplace for new & used cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kavak
Frequently Asked Questions about Kavak
When was Kavak founded?
Kavak was founded in 2016.
Is Kavak a funded company?
Kavak is a funded company, having raised a total of $1.68B across 10 funding rounds to date. The company's 1st funding round was a Series E of $127M, raised on Dec 07, 2016.
How many employees does Kavak have?
As of Apr 30, 2021, the latest employee count at Kavak is 2,500.
What does Kavak do?
Kavak was founded in 2016 as an online platform in the automotive sector focused on pre-owned vehicles. Instant offers are generated for users based on vehicle details submitted through the site. Certified and inspected cars are provided to buyers, with three service packages available to facilitate sales. Operations include doorstep delivery of vehicles and a return policy, primarily serving markets in Latin America.
How many acquisitions has Kavak made?
Kavak has made 2 acquisitions, including Checkars, and Garaj Sepeti.
Who are Kavak's investors?
Kavak has 18 investors. Key investors include Sea, Goldman Sachs, HSBC, Santander, and SoftBank Group.
What is Kavak's valuation?
The valuation of Kavak is $8.7B as of Sep 2021.
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