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KAVAK
Kavak
E-commerce / fintech (used-car marketplace and financing) · Mexico City · Mexico · Founded · 2016 · ≈ · 4,000 · employees

Kavak Funding — Last Valued at $2.2B

Private

Kavak has raised $1.9B across 9 funding rounds. The latest round valued Kavak at $2.2B post-money, with Andreessen Horowitz on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Kavak funding · at a glance
Total raised, all rounds
$1.9B
some round sizes not disclosed
Funding rounds
9
priced rounds
Latest round
$2.2B
post-money · Feb 2026
Lead on that event
Andreessen Horowitz
lead investor
2026
About Kavak

Kavak raised nearly $400 million in three funding rounds between 2016 and 2020, with Kaszek Venture, Mountain Nazca, and SoftBank taking point, pushing it to a $1 billion valuation and Mexico's first unicorn status. It later raised $700 million in a Series E round valuing it at $8.7 billion, before an internal down round led by SoftBank and General Atlantic valued it at $2.2 billion.

Funding timeline

The Kavak funding timeline

9 funding rounds, the latest highlighted.

2016
Kavak founded

Kavak was founded in 2016, Mexico.

DEC 2016
Seed

A primary round — the company sells new shares to investors it selects. $3M raised, led by Nazca Ventures.

Valuation basisAmount$3MPrice / shareLeadNazca Ventures
JUL 2018
Series A

A primary round — the company sells new shares to investors it selects. $10M raised, led by Kaszek.

Valuation basisAmount$10MPrice / shareLeadKaszek
SEP 2019
Series B

Kaszek, Greenoaks. Led by General Atlantic.

Valuation basisAmountPrice / shareLeadGeneral Atlantic
OCT 2020
Series C

SoftBank Latin America Fund. $225M raised, led by DST Global, Greenoaks.

Valuation basisAmount$225MPrice / shareLeadDST Global, Greenoaks
APR 2021
Series D at $4B post-money

A primary round — the company sells new shares to investors it selects. $485M raised, led by D1 Capital Partners, Founders Fund, Ribbit Capital, Bond Capital.

Valuation basispost-moneyAmount$485MPrice / shareLeadD1 Capital Partners, Founders Fund, Ribbit Capital, Bond Capital
APR 2021

A primary round — the company sells new shares to investors it selects.

Valuation basisAmountPrice / shareLead
SEP 2021
Series E at $8.7B post-money

A primary round — the company sells new shares to investors it selects. $700M raised.

Valuation basispost-moneyAmount$700MPrice / shareLead
MAR 2025
Internal down round at $2.2B post-money

Existing holders. $127M raised, led by SoftBank Group, General Atlantic.

Valuation basispost-moneyAmount$127MPrice / shareLeadSoftBank Group, General Atlantic
FEB 2026LATEST
Series F at $2.2B post-money

A primary round — the company sells new shares to investors it selects. $300M raised, led by Andreessen Horowitz.

Valuation basispost-moneyAmount$300MPrice / shareLeadAndreessen Horowitz
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Kavak funding rounds in full

9 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series F LATEST
Feb 2026
$300M
$2.2Bpost-money
—
Andreessen Horowitz
—
Internal down round
Mar 2025
$127M
$2.2Bpost-money
—
SoftBank Group, General Atlantic
existing holders
Series E
Sep 2021
$700M
$8.7Bpost-money
—
—
—
Valuation update
Apr 2021
—
$4B
—
—
—
Series D
Apr 2021
$485M
$4Bpost-money
—
D1 Capital Partners, Founders Fund, Ribbit Capital, Bond Capital
—
Series C
Oct 2020
$225M
—
—
DST Global, Greenoaks
SoftBank Latin America Fund
Series B
Sep 2019
—
—
—
General Atlantic
Kaszek, Greenoaks
Series A
Jul 2018
$10M
—
—
Kaszek
—
Seed
Dec 2016
$3M
—
—
Nazca Ventures
—
Kavak · investors

Investors

Andreessen HorowitzLEADSSoftBank GroupLEADGeneral AtlanticLEADD1 Capital PartnersLEADFounders FundLEADRibbit CapitalLEADBBond CapitalLEADDST GlobalLEADGreenoaksLEADKKaszekLEADNNazca VenturesLEADGoldman SachsHSBCKKaszek VenturesMMountain Nazca

Frequently asked questions

Is Kavak publicly traded?›

No. Kavak is a private company; its shares do not trade on a public exchange.

What is Kavak's valuation?›

The last valuation is $2.2B (post-money, Feb 2026).

Who has invested in Kavak?›

Lead investors for each round are in the funding timeline.

Who are Kavak's competitors?›

The closest e-commerce / fintech (used-car marketplace and financing) peers are on the competitors page.

How can I get exposure to Kavak?›

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

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