
Carma
IPOThe easy way to buy and sell used cars in Australia
Sydney, Australia · Founded 2021
- Headquarters
- Sydney
- Employees
- 51–200
- Founded
- 2021
- Business Model
- Marketplace
- Website
- carma.com.au
- Last Round
- Convertible NoteMar 2025
- Rounds
- 3
About
Carma is Australia's leading fully digital used car marketplace, founded in 2021 by Lachlan MacGregor and Yosuke Hall with a vision to reinvent the pre-owned car buying and selling experience. The company operates as a fully integrated digital platform: sourcing vehicles directly from consumers, auctions, and fleet operators, then reconditioning each vehicle at its Sydney hub before listing them online with transparent, no-haggle pricing. Buyers can browse, purchase, and receive delivery of inspected and reconditioned vehicles entirely online, while sellers can obtain an instant valuation and hand off their car with minimal friction. Carma's model eliminates the traditional dealership experience, positioning itself as a technology-first automotive retailer. The company employs approximately 133 people and has raised $30 million in funding to support its growth across Australia.
Summary
Carma is an E-Commerce company based in Sydney, Australia, founded in 2021. Its most recent funding was a Convertible Note round in Mar 2025. Investors include Tiger Global, Regal Funds Management and General Catalyst.
Tech & App Stack
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Funding History
Nov 2025
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Seed through IPO — per-round amounts, valuations, and who invested in each round.
Investors
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