Caribou - About the company
Caribou is a series C company based in Washington, DC (United States), founded in 2016. It operates as an Online comparison platform for auto insurance. Caribou has raised $190M in funding from investors like Accomplice, Goldman Sachs and QED Investors, with a current valuation of $1.1B. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like iLending, OpenRoad Lending and AutoApprove.
Sectors and market segments that Caribou operate in
Caribou serves in the FinTech market segments.The primary business model of Caribou is:Company Details
Online comparison platform for auto insurance. It offers quotes for vehicle insurance, accident protection, car insurance purchase processing, and selecting coverages. It also offers car payment-saving solutions for users. It connects drivers with auto refinancing options through a network of lenders and offers car insurance services, including extended vehicle protection, total loss protection, and key replacement.
- Website
- caribou.com
- Email ID
- *****@gocaribou.com
- Phone Number
- +1 **********
- Registered Address
- Alexandria
Key Metrics
Founded Year
2016
Location
Washington, DC, United States
Stage
Series C
Total Funding
$190M in 6 rounds
Latest Funding Round
Post Money Valuation
$1.1B as on May 20, 2022
Investors
Ranked
1st among 7 active competitors
Employee Count
299 as on May 31, 2026
Legal entities associated with Caribou
Caribou is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CARIBOU FINANCIAL, INC. CIN: 6289879 , United States, Active | Sep 27, 2021 | - | - | - |
MotoRefi Inc CIN: 813931039 , Belgium, Active | Dec 31, 2015 | - | - | - |
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Caribou's funding and investors
Caribou has raised a total funding of $190M over 6 rounds. Its first funding round was on 2016. Its latest funding round was a Series C round on May 20, 2022 for $116M. 10 investors participated in its latest round. Caribou has 17 institutional investors.
Here is the list of recent funding rounds of Caribou:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 20, 2022 | $116M | Series C | $1.1B | - | ||
May 18, 2021 | $50M | Series B | $1B | - | ||
Jan 22, 2021 | $10M | Series A | - | - |
View details of Caribou's funding rounds and investors
Caribou's founders and board of directors
Founder? Claim ProfileCaribou's employee count trend
Caribou has 299 employees as of May 26. Here is Caribou's employee count trend over the years:
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Caribou's Competitors and alternates
Top competitors of Caribou include iLending, OpenRoad Lending and AutoApprove. Here is the list of Top 10 competitors of Caribou, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Caribou 2016, Washington, DC (United States), Series C | Online comparison platform for auto insurance | $190M | 58/100 | |
2nd | iLending 2021, Englewood (United States), Acquired | Online marketplace for automobile refinancing | - | - | 47/100 |
3rd | OpenRoad Lending 2009, Fort Worth (United States), Late Stage | Online auto loans refinancing and purchase financing provider | - | 28/100 | |
4th | AutoApprove 2016, Brooklyn Center (United States), Unfunded | Online platform to refinance car loans | - | - | 23/100 |
5th | Best Auto Refinance 2023, Austin (United States), Unfunded | Platform offering auto refinancing solutions | - | - | 16/100 |
6th | AERO 1957, Glendale (United States), Unfunded | Online platform for refinancing auto loans | - | - | 16/100 |
7th | Refi Your Auto 2015, Los Angeles (United States), Unfunded | Online marketplace for refinancing auto loans | - | - | 16/100 |
8th | Refi My Auto 2000, Phoenix (United States), Deadpooled | Online platform for refinancing auto loan | - | - | 15/100 |
Looking for more details on Caribou's competitors? Click here to see the top ones
Caribou's Investments and acquisitions
Caribou has made no investments or acquisitions yet.
News related to Caribou
Media has covered Caribou for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Kikoff and Caribou Partner to Expand Credit and Auto Refinancing Opportunities for ConsumersBusiness Wire•Oct 11, 2025•Caribou, Kikoff
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Caribou Launches Auto Refinance Trends Report Hub with Monthly Data UpdatesPR Newswire•Sep 17, 2025•Caribou
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Auto Fintech Caribou Raises $115 Million In Series C Funding, Valuing Company At $1.1 BillionFinancial IT•May 20, 2022•Caribou, Goldman Sachs, Innovius Capital, Harmonic and 9 others
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MotoRefi Raises Additional $5M in FundingFinSMEs•Aug 05, 2021•Firebolt Ventures, Gaingels, CMFG Ventures, The Motley Fool and 9 others
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MotoRefi Raises $45M in Series B FundingFinSMEs•May 31, 2021•Caribou, Goldman Sachs Asset Management, IA Capital Group, Moderne Ventures and 6 others
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Goldman Sachs leads $45M investment into auto fintech startup MotoRefiTechCrunch+•May 28, 2021•Caribou, Goldman Sachs, IA Capital Group, Moderne Ventures and 4 others
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SoFi Launches Auto Loan Refinancing Through LanternBusiness Wire•Apr 06, 2021•Lantern Credit, SoFi, Caribou
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