CarSwitch

company

About

CarSwitch is digitizing the used car transaction

  • 101 - 250

Details

Last Funding Type
Series A
Last Funding Money Raised
$7.30M
Industries
Automotive,Consumer,E-Commerce Platforms
Founded date
Apr 16, 2016
Number Of Employee
101 - 250
Operating Status
Active

CarSwitch is out to fix a fundamentally opaque and broken >$20B space, the regional used car market, by driving it into the 21st century. Used car sales is an incredibly painful process, for sellers it’s endless phone calls and low ball offers while for buyers its sketchy conversations and hidden damages!

CarSwitch takes the entire process off the seller & buyer hands employing a fleet of certified specialists and cutting edge technology to inspect, certify, and warranty every car, vet serious buyers, match them with trusted sellers and guide the two through the full transaction.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$7.30M
CarSwitch has raised a total of $7.30M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2019 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 19, 2019 Series A $7.30M 2 Detail
Sep 12, 2018 Seed 1 Detail

Investments

Number of Investments
Number of Lead Investments
5
0
CarSwitch has made 5 investments. Their most recent investment was on Dec 12, 2016, when Numerai raised $6M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 12, 2016 Numerai
Series A $6M Artificial Intelligence
Apr 6, 2016 Numerai
Series Unknown $7.50M Artificial Intelligence
Mar 9, 2015 Clearbit
Pre-seed $2M Analytics
Jun 17, 2014 Forge
Angel $500K Finance
Apr 15, 2012 Postmates
Seed $1.20M Delivery

Investors

Number of Lead Investors
Number of Investors
2
CarSwitch is funded by 2 investors. 500 Global and B&Y Venture Capital Partners are the most recent investors.
Investor Name Lead Investor Funding Round
500 Global Series A
B&Y Venture Capital Partners Series A