About Kavak
Kavak is a company based in Lerma De Villada (Mexico) founded in 2016. Kavak has raised $1.98 billion across 11 funding rounds from investors including Sea, Goldman Sachs and HSBC. The company has 2,500 employees. 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.
Funding Insights of Kavak
Kavak has successfully raised a total of $1.98B across 11 strategic funding rounds. The most recent funding activity was a Series E round of $300 million completed in February 2026. 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 $1.98B
- Total Rounds 11
- Last Round Series E β $300M
- First Round $3M
(Dec 2016)
- Investors Count 21
Latest 10 of 11 funding rounds of Kavak 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 |
|---|---|---|---|---|---|
| Feb 2026 | $300M | Series E | β | Andreessen Horowitz, WCM Investment Management | |
| May 2025 | $127M | Series E | β | SoftBank Latin America Fund, General Atlantic | |
| Apr 2025 | $400M | Debt – Conventional | β | β | |
| Mar 2025 | $127M | Series E | β | General Atlantic, SoftBank Latin America Fund | β |
| Sep 2022 | $810M | Debt – Conventional | β | β | |
| Sep 2021 | $700M | Series E | $8.7B | General Catalyst | |
| Apr 2021 | $485M | Series D | β | Founders Fund, Ribbit Capital | β |
| Oct 2020 | $225M | Series C | $1.15B | DST Global, Greenoaks | |
| Sep 2019 | – | Series A | β | General Atlantic | |
| Jun 2018 | $10M | Series A | β | Kaszek | β |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $8.7B | β’β’β’β’β’β’β’β’ |
| Oct 2020 | $1.15B | β’β’β’β’β’β’β’β’ |
Last known valuation $8.7B (Sep 2021). 21 investors in total: 21 institutional.
Investors in Kavak
Kavak has secured backing from 21 investors, including venture fund and institutional investors. Prominent investors backing the company include Sea, Goldman Sachs and HSBC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is invested in multiple sectors by the fund. | – | latinamericafund.com | Miami, United States | |
Private equity fund focused on global markets | 1980 | generalatlantic.com | New York, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Investment and transformation services for entrepreneurs in technology and finance sectors. | – | generalcatalyst.com | - | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Venture capital investments in technology and defense sectors. | – | foundersfund.com | - | |
Early-stage companies in fintech and multiple sectors are invested in. | 2012 | ribbitcap.com | Palo Alto, United States | |
Private equity and hedge fund focused on consumer, business services, financial, healthcare, and multiple sectors | – | d1capital.com | New York, United States | |
Investments in multiple sectors are made by Bond Capital. | – | bondcap.com | San Francisco, United States | |
Venture capital investment firm | – | dst-global.com | Menlo Park, United States |
Investor details for Kavak
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Kavak
165 people are tracked at Kavak (50 in leadership, 115 in team); the tracked headcount is 2,500.
| Name | Role | Group |
|---|---|---|
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 |
Vinícius Carvalho | General Manager - Kuna Capital Brazil | Leadership |
Santiago Tinoco Martinez | Senior Legal Director | Leadership |
145 more people are available in the full profile.
Complete people profiles for Kavak
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
- Professional contacts
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Investments & Acquisitions by Kavak
Kavak has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Checkars and Garaj Sepeti.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vertical solutions for car owners and automotive workshops are provided. | garajsepeti.com | Istanbul, Turkey | 2017 | Jun 2021 | β’β’β’β’ | |
Used cars are bought and sold online via Checkars platform. | checkars.com | Buenos Aires, Argentina | 2018 | Sep 2020 | $10M |
Complete acquisition details for Kavak
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Exports
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Timeline of Kavak
6 dated milestones of Kavak across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Kavak is founded.
- Funding First funding round of $3.0M.
- Acquisition Acquires Checkars.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Garaj Sepeti.
- Funding Latest funding round, Series E, of $300.0M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| copart.com | 1982 | Dallas, United States | – | 10,200 | Used and salvaged vehicles are offered via an online marketplace. | |
| carsales.com.au | 1998 | Melbourne, Australia | – | – | Online listing platform for used cars | |
| carswitch.com | 2016 | Dubai, United Arab Emirates | $9.3M | – | Used cars are bought and sold via an app-based marketplace. | |
| webmotors.com.br | 1995 | Sao Paulo, Brazil | – | – | Online listings of used cars are facilitated by Webmotors. | |
| syarah.com | 2015 | Riyadh, Saudi Arabia | $82.6M | – | Online B2C marketplace for new & used cars | |
| volanty.com | 2016 | – | $19.68M | – | Used cars are traded via an online peer-to-peer marketplace. | |
| dubicars.com | 2014 | Dubai, United Arab Emirates | – | – | B2C used car listing platform | |
| arabam.com | 2000 | Istanbul, Turkey | – | – | Online listing platform of used vehicles | |
| latamautos.com | 2014 | Quito, Ecuador | $14.69M | – | Multiple automotive classified portals are operated across Latin America. |
Detailed competitors of Kavak
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Kavak
The website of Kavak (kavak.com) receives about 7.1M visits a month.
- Monthly visits7.1M
▲ 20.7% vs previous month
Websites whose visitors overlap most with Kavak. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
autos.mercadolibre.com.mx | autos.mercadolibre.com.mx | 100% | – | #12,905 | β |
| bodegaaurrera.com.mx | 76% | – | #3,777 | View details | |
rastreator.mx | rastreator.mx | 71% | – | #116,333 | β |
cotodigital.com.ar | cotodigital.com.ar | 71% | – | #10,175 | β |
autos.liverpool.com.mx | autos.liverpool.com.mx | 70% | – | – | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Kavak
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Kavak
Complete news archive for Kavak
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Kavak
10 companies that operate in the same segment as Kavak (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 | |
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 | |
App-based used cars listing platform | 2009 | Mumbai, Maharashtra, India | USD 272.44 M | – | – |
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Frequently Asked Questions about Kavak
Kavak was founded in 2016.
Kavak is headquartered in Lerma De Villada, Mexico. It is registered at Lerma De Villada, Estado De Mexico, Mexico.
Kavak is a funded company, having raised a total of $1.98B across 11 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Dec 2016.
Kavak has 2,500 employees.
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.
Kavak has made 2 acquisitions, including Checkars, and Garaj Sepeti.
Kavak has 21 investors. Key investors include Sea, Goldman Sachs, HSBC, Santander, and SoftBank Group.
The valuation of Kavak is $8.7B as of Sep 2021.
The website of Kavak receives about 7.1 million visits a month.