Carro

formerly Trusty Cars Ltd. (Carro)

Southeast Asia's largest used car marketplace.

Singapore, Singapore · Founded 2015 · $682.0M raised

Headquarters
Singapore
Employees
1001–5000
Founded
2015
Business Model
Marketplace
Website
carro.sg
Total Funding
$682.0M
Last Round
$60.0M Series DSep 2025
Rounds
6

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Carro is Southeast Asia's largest online used car marketplace, founded in 2015 and headquartered in Singapore. It offers used car sales, insurance, financing, aftersales, and leasing across Singapore, Malaysia, Indonesia, Thailand, Japan, Taiwan, and Hong Kong, backed by over US$600M in funding and 4,500+ staff.

Summary

Carro is an Automotive company based in Singapore, Singapore, founded in 2015. It has raised $682.0M in total across 6 rounds, most recently a $60.0M Series D round in Sep 2025. Investors include SoftBank, Cool Japan Fund and Temasek.

Tech & App Stack

8 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

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Funding History

Series DSeries DSep 2025
$60.0M

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Funding: Series A through Series D. Amounts, valuations, and investors where available.

Investors

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