Tech Company Financing Transactions

Carro Funding Round

Carro, operating out of Singapore, scored $60 million from B Capital Group, Insignia Ventures Partners and SoftBank Ventures Korea.

Transaction Overview

Company Name
Announced On
5/15/2018
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series B
Investors

B Capital Group (Lead Investor) (Eduardo Saverin)

Insignia Ventures Partners (Lead Investor) (Tan Yinglan)

SoftBank Ventures Korea (Lead Investor) (Sean Lee)

Alpha JWC Ventures

Golden Gate Ventures

private investors (Manik Arora)

SingTel Innov8

Venturra Capital

Proceeds Purpose
Founder and CEO Aaron Tan said that the new funding will be used to double down on our online marketplaces and financing in emerging markets.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
28 Sin Ming Ln. 01-134
Singapore, 573972
Singapore
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
Carro LinkedIn Company Profile
Social Media
Carro Company Twitter Account
Company News
Carro News
Facebook
Carro on Facebook
YouTube
Carro on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Aaron Tan
  Aaron Tan LinkedIn Profile  Aaron Tan Twitter Account  Aaron Tan News  Aaron Tan on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/15/2018: IsoPlexis venture capital transaction
Next: 5/15/2018: Firepoint venture capital transaction

 

Share this article

 


About Database of VC Transactions

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.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary