Kavak

Company

Investment-firm

Last deal

$810.M

Amount

Debt Financing

Stage

20.09.2022

Date

8

all rounds

$2.8B

Total amount

General

About Company
KAVAK is an online platform for buying and selling used cars.

Industry

Sector :

Subsector :

Also Known As

caruvi

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

KAVAK is a global e-commerce platform that specializes in the purchase and sale of pre-owned cars in Latin America and other countries. The company's platform uses real-time market data to give sellers a fair offer to sell their car in minutes without leaving home and offers services like home delivery and collection, pre-owned car financing, and other related services. KAVAK is the first Unicorn Company in the history of Mexico, with a current valuation of US$8.7B. The company has operations in Argentina, Brazil, Chile, Colombia, Mexico, Perú, Spain, Turkey, Saudi Arabia, Oman and United Arab Emirates. KAVAK is committed to building the technology, processes, and products that will allow it to transform the automotive market around the world. The company is looking for the best talent to join its team of more than 7K employees of 40 different nationalities.
Contacts