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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.
Social
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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
Employee Count
299 as on May 31, 2026
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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:lockFilter this list
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
-
-
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Caribou's founders and board of directors

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Caribou's employee count trend

Caribou has 299 employees as of May 26. Here is Caribou's employee count trend over the years:
Employee count trend for Caribou
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Caribou
Caribou
2016, Washington, DC (United States), Series C
Online comparison platform for auto insurance
$190M
58/100
2nd
Logo for iLending
iLending
2021, Englewood (United States), Acquired
Online marketplace for automobile refinancing
-
-
47/100
3rd
Logo for OpenRoad Lending
OpenRoad Lending
2009, Fort Worth (United States), Late Stage
Online auto loans refinancing and purchase financing provider
-
28/100
4th
Logo for AutoApprove
AutoApprove
2016, Brooklyn Center (United States), Unfunded
Online platform to refinance car loans
-
-
23/100
5th
Logo for Best Auto Refinance
Best Auto Refinance
2023, Austin (United States), Unfunded
Platform offering auto refinancing solutions
-
-
16/100
6th
Logo for AERO
AERO
1957, Glendale (United States), Unfunded
Online platform for refinancing auto loans
-
-
16/100
7th
Logo for Refi Your Auto
Refi Your Auto
2015, Los Angeles (United States), Unfunded
Online marketplace for refinancing auto loans
-
-
16/100
8th
Logo for Refi My Auto
Refi My Auto
2000, Phoenix (United States), Deadpooled
Online platform for refinancing auto loan
-
-
15/100
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Caribou's Investments and acquisitions

Caribou has made no investments or acquisitions yet.

News related to Caribou

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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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FAQs about Caribou

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