Carro's asset
Carro

@carro.co

Carro provides a full-stack service for all aspects of car ownership and uses AI-powered technology to transform the car buying and selling experience.

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About

Description

Carro is an automotive marketplace in Singapore that aims to revolutionize the car buying and selling experience. They provide a worry-free and transparent platform for Singaporeans to sell, buy, and subscribe to cars online. Carro challenges the traditional automotive industry by leveraging AI-powered technology and a proprietary pricing algorithm to offer a trustworthy and transparent experience.


Carro offers a range of services across the entire car ownership ecosystem. They provide in-house car financing solutions, innovative car insurance products, flexible car ownership experiences, and after-sales car maintenance, service, and repair services. They have pioneered services such as Singapore's first contactless online car purchase service, the first car rental subscription service, and the first region-wide behavior and usage-based car insurance solutions.


Since its establishment in 2015, Carro has facilitated approximately US$1 billion annualized run-rate GMV and has raised over US$400 million in equity from notable investors. They aim to lead the automotive and mobility solutions market by providing a better experience, democratizing information, and advancing the industry. Carro has been recognized as Southeast Asia's Largest Automotive Marketplace and has received numerous awards for their achievements, including being ranked as Singapore's Fastest-Growing Company and Asia-Pacific's No.


1 High-Growth Company. Whether you're looking to buy a new or used car, sell a car, or find low-interest car loans, Carro is the marketplace of choice for all your automotive needs

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Company Type

Privately Held

Company Size

1001-5000

Year Founded

2015

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