InstaCarro is a Brazilian **E-Commerce** startup, founded in **2015**, with a mission to revolutionize the used car industry in Brazil. The company offers an innovative online platform for buying and selling cars, aiming to bring value to both individual sellers and dealers. For individuals looking to sell their cars, InstaCarro provides the convenience of online quotations, above-average prices, and immediate payment after inspection. On the other hand, for dealers, the platform offers online access to a large inventory of pre-inspected cars, along with transparency through detailed photos and reports, and a guarantee of immediate return if a purchased car differs from the reported conditions. The company recently secured a **Debt Financing** investment on **09 April 2024**, with the backing of **Bamboo Debt Capital Markets Platform**. The investment signifies confidence in InstaCarro's business model and potential for growth within the Brazilian market. InstaCarro's commitment to providing convenience, speed, and security in car transactions aligns with the evolving consumer behavior, indicating promising prospects for the startup. With its unique value proposition and strong position in the e-commerce automotive sector, InstaCarro presents an intriguing investment opportunity for venture capitalists seeking exposure to the Brazilian market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | BRL55.00M | 4 | 09 Apr 2024 | |
Debt Financing | Unknown | 1 | Bamboo Debt Capital Markets Platform | 09 Apr 2024 |
Convertible Note | Unknown | 1 | 05 Jan 2024 | |
Venture Round | Unknown | 1 | 21 Jun 2022 | |
Series B | BRL115.00M | 6 | 03 Aug 2021 |
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