Carsome is an online used car platform aimed at providing efficient car selling services for individuals and entities in Southeast Asia. The platform offers an online bidding portal, allowing customers to sell their vehicles directly to dealers. Carsome manages the entire car selling process, including inspection, valuation, bidding, and payment, as well as addressing logistics needs, making it convenient for customers to sell their cars.
Founded in 2015 and based in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome operates in the E-Commerce, Platforms, and Automotive industries, providing a streamlined car selling experience across multiple Southeast Asian countries. The company's last investment included a MYR100.00M debt financing investment on 16 July 2024, with AmBank Group as the participating investor. This investment reflects confidence in the company's business model and potential for further growth and expansion in the region.Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | MYR100.00M | 1 | AmBank Group | 16 Jul 2024 |
Venture Round | Unknown | 5 | SeaTown Holdings | 19 Jun 2023 |
Series E | $300.00M | 9 | YTL Corporation Bhd, Taiwan Mobile Co Ltd +4 | 07 Jan 2022 |
Series D | $170.00M | 8 | MediaTek | 01 Sep 2021 |
Debt Financing | $30.00M | - | 01 Sep 2021 |
No recent news or press coverage available for Carsome.