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Kavak

company

About

KAVAK is an online platform that offers insight into buying and selling used cars.

  • 1001 - 5000

Highlights

Total Funding Amount
$1.51B
Funding Rounds
2
Investors
3
Investments
1
Lead Investments
1
Acquisition
1

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$810M
Industries
Automotive,E-Commerce,E-Commerce Platforms,Online Portals
Founded date
Jan 1, 2016
Number Of Employee
1001 - 5000
Operating Status
Active

KAVAK is an online platform that offers insight into buying and selling used cars. It specializes in the fields of e-commerce, automotive, and retail. KAVAK e-commerce for the purchase and sale of pre-owned cars in Latin America.

It was founded in 2016 and headquartered in Mexico City, Distrito.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.51B
Kavak has raised a total of $1.51B in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2022 Debt Financing $810M 1 HSBC — Detail
Sep 22, 2021 Series E $700M 2 General Catalyst — Detail

Investments

Number of Investments
Number of Lead Investments
1
1
Kavak has made 1 investments. Their most recent investment was on Aug 26, 2020, when Checkars raised $10M.
Date Company Name
Round Money Raised Industry Lead Investor
Aug 26, 2020 Checkars
Series A $10M Automotive Yes

Investors

Number of Lead Investors
Number of Investors
2
3
Kavak is funded by 3 investors. HSBC and General Catalyst are the most recent investors.
Investor Name Lead Investor Funding Round
HSBC Yes Debt Financing
General Catalyst Yes Series E
Sea — Series E

Acquisition

Kavak has acquired 1 organizations. Their most recent acquisition was Checkars on Aug 26, 2020. They acquired Checkars for 0.

Date Company Name
Industry Acquisition Type Price
Aug 26, 2020 Checkars
Automotive merge — Detail
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