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CARSOME
Carsome
Online used-car marketplace · Petaling Jaya, Malaysia · Malaysia · Founded · 2015 · ≈ · 400 · employees

Carsome Company Profile

Private

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.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Carsome at a glance
Raised across rounds
$569.4M
7 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
AMZN—
AMZN-PERP · live
Valuation history

Carsome valuation history

2 valuations. The latest, $1.7B, was set by the Series E in Jan 2022.

$1.7B
Sep 2021
$1.3B
Series D2
Jan 2022
$1.7BLATEST
Series E
+31% vs prior valuation
Latest valuation
Set by the Series E · 10 Jan 2022
×1.3since the $1.3B Series D2 in Sep 2021
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series E · $290M raised
Undated: Series D2 at —.
Funding history

Carsome funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Seed
Aug 2015
$350K
—
500 Startups
—
Series B
Mar 2018
$19M
—
Burda Principal Investments
—
Series D
Dec 2020
$30M
—
Asia Partners
—
Series D2
Sep 2021
$200M
$1.3B
Qatar Investment Authority
—
Series E
Jan 2022
$290M
$1.7B
Qatar Investment Authority
+30.8%
Strategic investment
Mar 2026
$30M
—
Hong Kong Investment Corporation Limited
—
Series D2
—
—
—
—
—
Carsome · investors

Investors

HHong Kong Investment Corporation LimitedLEADQatar Investment AuthorityLEADAAsia PartnersLEADBBurda Principal InvestmentsLEAD500 StartupsLEADTemasekCCatcha GroupMMediaTekPPenjana Kapital
Will Carsome IPO?
Founded
2015
Aug 2015
Seed
Mar 2026
Strategic investment
IPO
Not announced
No filing has been made.
Carsome — the private market
Last valuation$1.7B
Total raised$569.4M
Lead investors
Hong Kong Investment Corporation LimitedQatar Investment AuthorityAsia PartnersBurda Principal Investments
IPO statusNot announced
Founded · HQ2015 · Petaling Jaya, Malaysia · Malaysia
Employees≈ 400
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Carsome

Carsome 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.

The money screen · ranked by accessibility

How to get Carsome exposure today

1Funds that hold private namesPublic wrappers

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.

Any brokerage account
2Secondary marketplacesPrivate shares

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.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Carsome included.

No account needed

Carsome stock — frequently asked questions

What is Carsome's valuation?›

The last valuation is $1.7B.

Who has invested in Carsome?›

Lead investors for each round are in the funding timeline.

Who are Carsome's competitors?›

The closest online used-car marketplace peers are on the competitors page.

How can I get exposure to Carsome?›

The routes section explains what is realistically available for a company at this stage.

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