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Carbar

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Car subscription service where you pay a weekly fee to enjoy exclusive use of a vehicle

Melbourne, AustraliaFounded 2016Transportation
Valuation $100–250M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Carbar and the history behind them.

About Carbar

Carbar is an Australian company that offers flexible car subscription services, catering to individuals and businesses seeking an alternative to traditional car ownership. Operating primarily in the Australian market, Carbar provides a comprehensive package that includes insurance, registration, servicing, and roadside assistance, allowing clients to focus solely on driving. The business model revolves around a weekly subscription fee, which covers all associated costs except for fuel and tolls. This model appeals to clients who prefer flexibility, as subscriptions can be modified or canceled with just two weeks' notice. Carbar generates revenue through these subscription fees and offers additional incentives for customer referrals. The service is particularly attractive to those who want to avoid the financial burden of car depreciation, interest, and maintenance costs. Carbar's target market includes young professionals, families, and businesses looking to manage their vehicle needs without long-term commitments.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Melbourne, Australia
Employees
50
Open positions
None listed
Dealroom signal
82.6/100
Industry
Transportation
Sub-industry
Search, Buy & Rent
Sector
Transportation
Technology
Mobile app
Business model
Marketplace & ecommerce
Client focus
b2c
Investment activity
2 companies, latest Jul 2026
Capital deployed
—
Preferred round
ACQUISITION

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Feb 2022 $19M $75M Seven West Media · Insurance Australia Group (IAG) ↗
DEBT✓Debt Jul 2021 $32M — Global Credit Investments ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Carbar website traffic

Latest recorded traffic for Carbar is 22K monthly website visits, up 22.2% over the last three months. Carbar's team grew 6.4% over the past year.

Latest monthly visits22K 3-month web change+22.2% 1-year team growth+6.4%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Melbourne Accelerator Program

Series A1 investor entered at this stage

  • Insurance Australia Group (IAG)

Series B and later2 investors entered at this stage

  • Global Credit Investments
  • Seven West Media

Other known investors3 additional known investors

  • 30X30
  • David Tarascio
  • James McQueen
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇦🇺 Australia61.9%
🇲🇾 Malaysia19.1%
🇲🇽 Mexico4.8%
🇸🇦 Saudi Arabia4.8%
🇵🇭 Philippines4.8%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Carbar on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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