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 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.
- Headquarter Lerma De Villada, Mexico
- Employees 2500 as on 30 Apr, 2021
- Stage Unicorn
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Sectors
Transportation, Automotive & Logistics
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People of Kavak
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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 $1.98B 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.
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.
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Private equity fund focused on global markets
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Investment banking services are delivered across multiple financial sectors.
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Investor details for Kavak
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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.
Investment portfolio details for Kavak
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| 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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Vertical solutions for car owners and automotive workshops are provided.
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Complete acquisition details for Kavak
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Financial Statements - Kavak
Detailed financials for Kavak
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Kavak Comparisons
Peer comparison for Kavak
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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.
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Used and salvaged vehicles are offered via an online marketplace.
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Online listing platform for used cars
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Used cars are bought and sold via an app-based marketplace.
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Online listings of used cars are facilitated by Webmotors.
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Online B2C marketplace for new & used cars
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Detailed competitors of Kavak
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Latest news on Kavak
Complete news archive for Kavak
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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.
As of Apr 30, 2021, the latest employee count at Kavak is 2,500.
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.