CarNow - About the company
CarNow is a series A company based in Atlanta (United States), founded in 2014 by Andy Park. It operates as a SaaS-driven digital communication solution for dealers to engage with customers. CarNow has raised $30M in funding. The company has 606 active competitors, including 37 funded and 70 that have exited. Its top competitors include companies like Numa, Xtime and myKaarma.
Company Details
SaaS-driven digital communication solution for dealers to engage with customers. Its tool provides various features to the dealers including inventory integration, virtual brochures, vehicle comparisons, video integration, click to text, and others.
- Website
- www.carnow.com/
- Social
- Phone Number
- +1 **********
- Registered Address
- 25, Naverland, Glostrup, 2600
Key Metrics
Founded Year
2014
Location
Atlanta, United States
Stage
Series A
Total Funding
$30M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 606 active competitors
Employee Count
189 as on Aug 31, 2026
Legal entities associated with CarNow
CarNow is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CarNow ApS CIN: 41640464 , Denmark, Active | Sep 01, 2020 | - | - |
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CarNow's funding and investors
CarNow has raised a total funding of $30M over 3 rounds. Its first funding round was on 2016. Its latest funding round was a Venture Debt round on Apr 16, 2024 for $*****. 1 investor participated in its latest round. CarNow has 5 institutional investors.
Here is the list of recent funding rounds of CarNow:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2024 | 3697958 | Venture Debt | 7727678 | 8845024 | 5876999 | 8512420 |
Aug 25, 2021 | 1977831 | Series A | 8992822 | 7234294 | 6775811 | |
2016 | 1708 | Seed | 7694 | 5500 | 1541 |
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CarNow's founders and board of directors
Founder? Claim ProfileThe founders of CarNow is Andy Park.
Here are the details of CarNow's key team members:
- Andy Park: Co-Founder of CarNow and founder of 1 other company. Contact Info: 1 email address
View details of CarNow's Founder profiles and Board Members
CarNow's employee count trend
CarNow has 189 employees as of Aug 26. Here is CarNow's employee count trend over the years:
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CarNow's Competitors and alternates
Top competitors of CarNow include Numa, Xtime and myKaarma. Here is the list of Top 10 competitors of CarNow, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Numa 1995, Oakland (United States), Series B | Developer of an AI communication platform for automotive dealerships | $48M | 64/100 | |
2nd | Xtime 2004, San Francisco (United States), Acquired | Automotive service experience platform driving efficiency, profitability, and customer retention | $26.5M | 63/100 | |
3rd | myKaarma 2012, Long Beach (United States), Series B | SaaS driven Customer Interaction Management solution provider | $15M | 63/100 | |
4th |  CarNow 2014, Atlanta (United States), Series A | SaaS-driven digital communication solution for dealers to engage with customers | $30M | 62/100 | |
5th | Toma 2024, San Francisco (United States), Series A | Developer of AI operating system for automotive dealership conversations | $17.5M | 59/100 | |
6th |  Impel 2014, New York City (United States), Series C | SaaS-based marketing solutions for automotive dealerships | $126M | 59/100 | |
7th |  TruVideo 2015, Wellesley (United States), Series C | SaaS-based marketing solutions for automotive dealerships | $40M | 59/100 | |
8th |  Fullpath 2012, Miami (United States), Acquired | Provider of online marketplace for automotive dealership services | $40M | 58/100 | |
9th | automotiveMastermind 2012, New York City (United States), Acquired | Provider of technology that helps automotive dealerships predict buyer behavior | $47.7M | 57/100 | |
10th | Platform offering AI powered ad campaign management software for auto dealers | $10.8M | 54/100 |
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CarNow's Investments and acquisitions
CarNow has made no investments or acquisitions yet.
Reports related to CarNow
Here is the latest report on CarNow's sector:
News related to CarNow
Filter this listMedia has covered CarNow for a total of 2 events in the last 1 year, 1 of them has been about partnerships and 1 about people movement.
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CarNow hires former Meta head of automotive retail Lanham as senior VPAuto Remarketing•Jan 20, 2023•CarNow, Meta
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CarNow adds new senior VP, partners with ShipYourCarNowAuto Remarketing•May 23, 2022•CarNow, CDK Global, Carlyle Kingswood Global
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