Tech Company Financing Transactions
Carousell Funding Round
Carousell, based in Singapore City, secured $85 million in investment from Edbi, Rakuten and 500 Global.
Transaction Overview
Company Name
Announced On
5/15/2018
Transaction Type
Venture Equity
Amount
$85,000,000
Round
Series C
Proceeds Purpose
The capital injection will accelerate Carousell's product innovation to reimagine classifieds in an AI-first world.
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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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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