Carro
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Early VC | ||
$1.3m | Seed | ||
N/A | Early VC | ||
N/A | N/A | Series A | |
$4.4m | Series A | ||
N/A | Series B | ||
* | $20.0m | Series B | |
* | N/A | $4.9m | Late VC |
Total Funding | AUD47.3m |
Recent News about Carro
EditCarro is an innovative e-commerce platform designed to connect brands with influencers and marketplaces, enabling them to expand their product offerings without the typical upfront investment in inventory. The platform operates in the e-commerce and digital marketing sectors, serving a diverse range of clients including fashion brands, lifestyle influencers, and online marketplaces. Carro's business model revolves around facilitating partnerships that allow brands to list and sell products from other brands, thereby increasing their product range and sales without the need for additional inventory. This model helps brands to scale efficiently, reduce operational overhead, and enhance customer engagement. Carro generates revenue through a subscription-based model and transaction fees, ensuring a steady income stream while providing value to its users. The platform's success stories include significant increases in conversion rates and customer acquisition for its clients, demonstrating its effectiveness in driving business growth.
Keywords: e-commerce, influencers, marketplaces, product expansion, inventory-free, digital marketing, brand partnerships, subscription model, transaction fees, customer engagement.