Tech Company Financing Transactions
Carousell Funding Round
Rakuten, 500 Global and Golden Gate Ventures joined a $35 million funding round for Carousell. The round was recorded on 8/5/2016.
Transaction Overview
Company Name
Announced On
8/5/2016
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The additional capital will accelerate Carousell's growth into new markets around the world and bolster its product and engineering teams, strengthening its position as one of the largest and fastest growing mobile classifieds marketplaces.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
71 Ayer Rajah Crescent 02-18
Singapore City, 139951
Singapore
Singapore City, 139951
Singapore
Phone
Undisclosed
Website
Email Address
Overview
Carousell is a mobile classifieds app that makes selling as easy as taking a photo, buying as simple as chatting. Launched in May 2012, Carousell began in Singapore and has spread to 13 cities around the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Lucas Ngoo
Co-Founder
Quek Rui
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Where The Data Comes From
We report on tech company VC transactions. VC investment data records on this site are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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