COMPANY PROFILE

Carma

Fully digital used car dealership, offering a large range of quality pre-owned vehicles at fixed prices, delivered to the home

Sydney, AustraliaFounded 2021Transportation

Valuation $50–100M Last recorded · 2026

Revenue $50–100M Latest reported FY

Headcount 100–500 Current team size

Total funding $50–100M Disclosed equity funding

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About Carma

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.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Sydney, Australia
Employees: 133
Open positions: 17
Dealroom signal: 84.8/100
Industry: Transportation
Sub-industry: Search, Buy & Rent
Sector: Transportation
Client focus: b2c
Links: Website LinkedIn

Knowledge graph

Founder mafia, market maps, research and news connected to this company by Dealroom

Funding history

4 recorded events

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	↗

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Financials

Revenue, earnings and profit over time

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

Year	Growth	EBITDA	Margin
2026
2025		—	—
2024		—	—
2023	—	—	—

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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.

Latest monthly visits300K 3-month web change+87.5% 1-year team growth+16.7%

Monthly website visitsOct 2022–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Automotive DetailerSydney, New South Wales, Australia, Australia and New Zealand, Oceania · Other · Sep 6, 2026 HC Truck DriverSydney, Australia, Australia and New Zealand, Oceania · Logistics · Sep 3, 2026 Automotive Business Development RepresentativeSydney, Australia, Australia and New Zealand, Oceania · Business Development · Aug 22, 2026 Automotive Operations ManagerSydney, Australia, Australia and New Zealand, Oceania · Sales · Aug 22, 2026 Apprentice Spray Painter (2nd or 3rd year)Sydney, Australia, Australia and New Zealand, Oceania · Other · Aug 22, 2026 Automotive AssistantSydney, Australia, Australia and New Zealand, Oceania · Other · Aug 19, 2026 Paintless Dent Repair (PDR) TechnicianSydney, Australia, Australia and New Zealand, Oceania · Other · Aug 19, 2026 Automotive InspectorSydney, Australia, Australia and New Zealand, Oceania · Other · Aug 14, 2026

8 distinct openings shownExplore hiring signals →

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