Tech Company Financing Transactions
Carro Funding Round
SoftBank Ventures Korea participated in a $360 million funding round for Carro. The funding round was announced on 12/11/2023.
Transaction Overview
Company Name
Announced On
12/11/2023
Transaction Type
Venture Equity
Amount
$360,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Carro will use the fresh capital to expand into new locations and grow its business in its existing markets - Indonesia, Thailand, Malaysia and Singapore. It also plans to expand its portfolio of financial services and accelerate development of artificial intelligence capabilities.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
28 Sin Ming Ln. 01-134
Singapore, 573972
Singapore
Singapore, 573972
Singapore
Phone
Website
Email Address
Overview
Car Hero's mission is to provide transparency, trust and convenience to both the car buyer and seller. A marketplace only thrives when both the seller and buyer gains - our vision is to become the car marketplace of choice around the region.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Aaron Tan
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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