Founded in 2015, Carsome operates in online used-car marketplace. The latest valuation stands at $1.7B. Its shares do not trade on a public exchange.
2 valuations. The latest, $1.7B, was set by the Series E in Jan 2022.
Qatar Investment AuthorityLEADAAsia PartnersLEADBBurda Principal InvestmentsLEAD
500 StartupsLEAD
TemasekCCatcha GroupMMediaTekPPenjana Kapital
Qatar Investment AuthorityAsia PartnersBurda Principal InvestmentsCarsome is a Malaysian online used-car trading platform founded in 2015 by Eric Cheng and Jiun Ee Teoh to digitize the buying and selling of used cars, replacing an opaque, paper-heavy process with an online marketplace. The company operates across Malaysia, Indonesia, Thailand and Singapore, offering car loans, car insurance and trade-in services alongside its core marketplace.
Carsome became Malaysia's first technology unicorn after closing US$170 million in funding in September 2021, and it describes itself as Southeast Asia's largest integrated automotive e-commerce platform.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Carsome.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Carsome availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Carsome included.
The last valuation is $1.7B.
Lead investors for each round are in the funding timeline.
The closest online used-car marketplace peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.