How much funding has Karrot raised?

Karrot has raised $195.0M in total funding, most recently a Series D round.

Who are Karrot's investors?

Karrot's investors include DST Global, Altos Ventures, SoftBank Ventures Asia.

Where is Karrot headquartered?

Karrot is headquartered in Seoul, South Korea.

Karrot

Buy and sell for free with locals.

Seoul, South Korea · Founded 2015 · $195.0M raised

E-Commerce

Headquarters: Seoul
Employees: 201–500
Founded: 2015
Business Model: Marketplace

Website: karrotmarket.com
Total Funding: $195.0M
Last Round: $162.0M Series DAug 2021
Rounds: 2

About

Karrot is a community-driven super app developed by Danggeun Market Inc., South Korea's largest online secondhand marketplace operator. The platform enables neighbors to buy and sell used goods, join community groups, browse local job listings, and access real estate and auto listings — all focused on hyper-local connections. With over 30 million users worldwide, Karrot operates in South Korea, Canada, the United States, the United Kingdom, and Japan. Its North American expansion targets major metros including Toronto, Vancouver, and New York City, with a mission to build closely-knit local communities through safe, free peer-to-peer commerce.

Summary

Karrot is an E-Commerce company based in Seoul, South Korea, founded in 2015. It has raised $195.0M in total across 2 rounds, most recently a $162.0M Series D round in Aug 2021. Investors include DST Global, Altos Ventures and SoftBank Ventures Asia.