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Caramel
AddedFeb 15, 2024
UpdatedJun 18, 2026
Caramel

Caramel

Series A

Caramel: Streamlining safe, simple car sales through our efficient checkout platform.

HQ
Los Angeles, CA, US
Founded
2021
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to streamline and secure the car sales process, Caramel offers a comprehensive checkout platform designed for private party and independent dealer transactions. The company focuses on making car sales simple and safe by handling DMV paperwork, financing, payment, and delivery. Caramel aims to revolutionize the used car market by providing a seamless and efficient experience for both buyers and sellers.

Notable figures affiliated with Caramel include industry experts and investors who have recognized the platform's potential to transform car sales. Key achievements include a growing user base of thousands of buyers and sellers who rely on Caramel for their transactions. The overall impact of Caramel is significant, as it simplifies the complex process of buying and selling cars, ensuring security and efficiency in every transaction.

Caramel - Similar Companies

CarPortal logo

CarPortal

FlipRide logo

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CarNow logo

CarNow

carnow.com

Carketa logo

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Joydrive logo

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Carma logo

Carma

carma.com.au

CarBlip logo

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carblip.com

WebBuy logo

WebBuy

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Carsala logo

Carsala

CarsDirect.com logo

CarsDirect.com

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Subaba logo

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Caramel - Quick Facts

Who are Caramel's competitors?

Companies similar to Caramel include CarPortal, FlipRide, CarNow and Carketa.

When was Caramel founded?

Caramel was founded in 2021.

Where is Caramel's headquarters located?

Caramel's headquarters is located in Los Angeles, CA, US.

When was Caramel's last funding round?

Caramel's most recent funding round was for $7M (USD) in July 2023.

How much has Caramel raised to-date?

As of Jul 31, 2023, Caramel has raised a total of $19M (USD).

How many employees does Caramel have?

Caramel has 41 employees as of Feb 4, 2024.

Caramel - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • United States
Model
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
Main Product
  • Car Sales
  • Checkout
Tags
  • Marketplace
  • SaaS
NAICS
  • 330000Manufacturing
  • 336000Transportation Equipment Manufacturing
  • 336100Motor Vehicle Manufacturing
SIC
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
  • 3711Motor Vehicles And Passenger Car Bodies