Caramel
AcquiredThe safe & easy way to complete any private used car sale
Los Angeles, United States · Founded 2021 · $12.0M raised
- 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
- Rounds
- 2
- Acquired by
- eBayJan 2025
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.
Summary
Caramel is a Fintech company based in Los Angeles, United States, founded in 2021. It has raised $12.0M in total across 2 rounds, most recently a $12.0M Series A round in Jul 2024. Investors include Zeev Ventures, Primera Capital and Hearst Ventures.
Tech & App Stack
5 technologies & apps tracked
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Funding History
Jan 2025
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Investors
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