Caramel
Acquired
The safe & easy way to complete any private used car sale
- Headquarters
- Los Angeles, California
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2C
- Website
- drivecaramel.com
- Total Funding
- $12.0M
- Last Round
- $12.0M Series AJul 2024
About
Caramel is a car checkout platform that simplifies private-party and independent-dealer used car transactions by handling DMV paperwork, secure payment, financing, insurance, and delivery — all for free to buyers and sellers. The platform is compatible with any vehicle listed for sale by owner and is available nationwide, integrating with major marketplaces including eBay Motors. Founded in 2021 and based in Los Angeles, Caramel processes the entire end-to-end transaction digitally so buyers and sellers can complete deals without meeting in person. In January 2025, eBay announced plans to acquire Caramel to enhance its vehicle transaction capabilities.
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