C
Carma
Transportation · Sydney, Australia · Founded 2021
Fully digital used car dealership, offering a large range of quality pre-owned vehicles at fixed prices, delivered to the home MoreLess
Carma is an Australian-based startup operating in the used car market. The company offers an online platform for customers to browse and purchase pre-owned vehicles. The business model is unique as Carma owns all the cars it sells, ensuring a high level of quality control. The cars are meticulously selected by experts, undergo rigorous checks, and are reconditioned before being listed for sale.
Carma caters to a wide range of customers, offering various car models from hatchbacks and hybrids to 4x4s. The company's competitive pricing and flexible payment options, including financing, make it an attractive choice for customers looking for value and convenience.
In addition to selling cars, Carma also provides value-added services such as a complimentary 12-month NRMA Roadside Assistance membership or an option to purchase extended coverage. This includes a minimum of 3 years roadside assistance, further enhancing customer peace of mind.
Carma's business model is primarily transactional, with revenue generated from the sale of pre-owned cars. The company's commitment to quality and customer service, as evidenced by positive customer testimonials, positions it well in the competitive used car market.
Keywords: Online Car Sales, Pre-owned Vehicles, Quality Control, Competitive Pricing, Flexible Financing, Value-added Services, Roadside Assistance, Customer Service, Australian Market, Used Car Market.
Company overview
Carma company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- Sydney, Australia
- Employees
- 133
- Open positions
- 17
- Dealroom signal
- 84.8
Valuation & funding
Carma funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| IPOOther financing | Nov 2025 | $65M | $239M | Undisclosed | ↗ |
| CONVERTIBLEOther financing | Mar 2025 | $19M | — | General Catalyst · Regal Funds Management · Five V Capital · Tiger Global | ↗ |
| SERIES AOther financing | May 2022 | $49M | $194M | Entrée Capital · Terrace Tower Group · Tiger Global · Canvas Ventures | ↗ |
| SEEDOther financing | Dec 2021 | $18M | $72M | Tiger Global | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
| Year | Revenue | Growth | EBITDA | Margin |
|---|---|---|---|---|
| 2026 | $74M | +59.4% | −$18M | -25% |
| 2025 | $46M | +3.6% | — | — |
| 2024 | $45M | +43.6% | — | — |
| 2023 | $31M | — | — | — |
| 2022 | — | — | — | — |
Growth signals
Carma website traffic
Latest recorded traffic for Carma is 300K monthly website visits, up 87.5% over the last three months. Carma's team grew 16.7% over the past year.
Hiring
Open positions at Carma
Current openings linked to this company in Dealroom.
Comparisons
Carma compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Carma's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Carma has talent and traffic
team presence
In the news
Latest news about Carma
Recent press, funding announcements, and product moves mentioning Carma — open to read from the original sources.
Market sentiment
What the market is saying about Carma
An AI-synthesized read of the highest-engagement posts about Carma on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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