When was Carma founded?

Carma was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Carma located?

Carma is headquartered in Alexandria, Australia.

Which legal entities is Carma associated with?

Carma is associated with CLICKCAR AUSTRALIA PTY LTD and 2 others.

How many employees does Carma have?

As of Aug 31, 2026, the latest employee count at Carma is 138.

Is Carma a funded company?

Carma is a funded company, having raised a total of $100M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 2021.

When was the latest funding round of Carma?

Carma's latest funding was a $***** Series A round on May 12, 2022, with participation from 9 investors.

What is the annual revenue of Carma?

Annual revenue of Carma is between $10M and $50M as on Jun 30, 2023

Where does Carma rank among its competitors?

Carma ranks 1st amongst 35 active competitors, only 1 of which is funded. Carma, which secured $52M in May, 2022.

Who are the top competitors of Carma?

Carma's top competitors include CarClarity, 360Finance and Stratton Finance. Among them, Carma secured the most recent funding round in May, 2022.

Carma - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Operator of digital used car dealership, offering a wide selection of quality pre-owned vehicles at fixed prices. The vehicles undergo a rigorous in-house inspection and reconditioning process before being offered for sale. Customers can complete the purchase online in minutes, with integrated financing options available for instant approval. A key feature is a seven-day return policy, providing buyers with peace of mind. The company aims to simplify the used car buying experience, eliminating the traditional hassles associated with dealerships. Roadside assistance is also included with each purchase.

Website: carma.com.au
Social
Email ID: *****@carma.com.au
Phone Number: +61 **********

Key Metrics

Founded Year

2021

Location

Alexandria, Australia

Stage

Public

Total Funding

$100M in 2 rounds

Latest Funding Round

Series A, May 12, 2022, $*****

Investors

Tiger Global Management & 14 more

Ranked

1^st among 35 active competitors

Annual Revenue

$10M - $50M as on Jun 30, 2023

Employee Count

138 as on Aug 31, 2026

Similar Companies

Hinduja Leyland Finance & 234 more

Exit Details

Public

View Carma's full profile

Carma is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
CLICKCAR AUSTRALIA PTY LTD CIN: 648842362 , Australia, Active	Mar 18, 2021	-	-
CLICKCAR HOLDINGS PTY LTD CIN: 648091418 , Australia, Active	Feb 18, 2021	-	-
CLICKCAR AUSTRALIA PTY LTD CIN: 648842362 , Australia, Active	Mar 18, 2021	$10M - $50M (As on Jun 30, 2023)	-

Carma got listed on Nov 05, 2025.

Click here to take a look at Carma's IPO in detail

Carma has raised a total funding of $100M over 2 rounds. Its first funding round was on Mar 2021. Its latest funding round was a Series A round on May 12, 2022 for $*****. 9 investors participated in its latest round. Carma has 15 institutional investors.

Here is the list of recent funding rounds of Carma:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 12, 2022	5313411	Series A	9723365	7559924	2395263	4875737
Mar 2021	3763010	Seed	2127821	9916692	Tiger Global Management	6457678

Access funding benchmarks and valuations. Sign up today!

View details of Carma's funding rounds and investors

The founders of Carma is Yosuke Hall.

Here are the details of Carma's key team members:

Yosuke Hall: Co-Founder of Carma.

View details of Carma's Founder profiles and Board Members

Carma's employee count trend

Carma has 138 employees as of Aug 26. Here is Carma's employee count trend over the years:

Uncover Carma's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Carma include CarClarity, 360Finance and Stratton Finance. Here is the list of Top 10 competitors of Carma, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Carma 2021, Alexandria (Australia), Public	Provider of car finance services	$100M	Summit Partners, Tiger Global Management ... & 13 others	59/100
2nd	CarClarity 2020, Surry Hills (Australia), Series A	Comparison platform for car loans	$3.78M	EVP, Uno & 2 others	41/100
3rd	360Finance 2007, Brisbane (Australia), Public	Personal loans broker	-	Automotive Holdings Group	31/100
4th	Stratton Finance 1998, Port Melbourne (Australia), Acquired	Online marketplace for auto loans	-	Carsales	30/100
5th	Ume Loans 2009, Maroochydore (Australia), Unfunded	Online platform for auto loans	-	-	28/100
6th	Finance One 2010, Townsville (Australia), Unfunded	Provider of vehicle loan services	-	-	26/100
7th	Just Cars Finance 2007, Parramatta (Australia), Unfunded	Online platform for auto loans	-	-	24/100
8th	Low Rate Car Loans Eight Mile Plains (Australia), Unfunded	Online platform for auto loans	-	-	24/100
9th	AutoCarLoans 2015, Camberwell (Australia), Unfunded	Online B2C marketplace for auto loans	-	-	24/100
10th	First Rate Car Loans 2012, Perth (Australia), Unfunded	Online B2C marketplace for auto loans	-	-	24/100