Summary
39
Industry
Insights
This section hypothesizes why Carmoola can be a $10 billion dollar company in 10 years, in 10 lines or less.
Carmoola has secured an additional £15.5M investment for its innovative approach to car financing. Leveraging technology to simplify and expedite the car loan process, Carmoola offers a unique solution in a large, traditional market. The potential for growth in this sector is significant, especially as consumers increasingly seek convenient, digital-first financial services. This customer-centric approach, combined with the expansive market for auto financing, gives Carmoola a strong pathway to becoming a $10 billion startup.
Total funding Amount
$220M
Fundraising History
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Jan 16 '24 Series A$20M
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Feb 22 '23 Series A$10M
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Apr 01 '22 Unknown$35M
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Aug 08 '21 Seed$5.8M
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Aug 01 '21 Debt Financing$28M
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Apr 14 '21 Pre Seed$400K
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Apr 01 '21 Seed$440K
Investors
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InMotionSeed
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VentureFriendsSeed
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QED InvestorsSeed
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u.ventures
Series A -
BCI Finance
Debt Financing