Carsome
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $290m Valuation: $1.7b | Series E | |
* | N/A | Debt | |
* | N/A | Late VC | |
* | $21.4m | Debt | |
* | $46.2m | Debt | |
Total Funding | €516m |
Related Content
Recent News about Carsome
EditCarsome.my is a digital platform that operates in the automotive industry, specifically in the used car market in Malaysia. The company offers a seamless and transparent end-to-end car buying experience for its customers. The business model is customer-centric, focusing on providing a hassle-free and trustworthy process for purchasing used cars.
Carsome.my serves individual customers looking to buy used cars. The company's unique selling proposition is its rigorous inspection process, where each car is scrutinized at 175 inspection points to ensure it is roadworthy and free of major accidents, fire, flood damage, and mileage tampering. This gives customers peace of mind about the quality and reliability of the cars they purchase.
The company's revenue model is based on the sale of used cars. Customers can browse through a wide range of Carsome Certified cars online, choose the car they want, and book a free test drive. The company also assists with paperwork, loan applications, and even offers doorstep delivery of the car. The listed price is the final price, with no hidden fees, providing transparency and certainty to the customer.
In summary, Carsome.my is a customer-focused platform that simplifies the process of buying used cars by offering a transparent, end-to-end service, from car selection to delivery.
Keywords: Automotive industry, Used car market, Digital platform, Customer-centric, Transparent process, Rigorous inspection, End-to-end service, No hidden fees, Loan application assistance, Doorstep delivery.