Carousell has raised $182.8 m in total funding across 7 funding rounds for a $850 m valuation.

Carousell Capital Raised

Carousell Funding Rounds Summary

Founding Date


Carousell total Funding

$182.8 m

Carousell latest funding size

$56 m

Time since last funding

2 years ago

Carousell investors

Sequoia Capital, 500 Startups, Rakuten, EDBI, Golden Gate Ventures, Quest Ventures, Rakuten Ventures, Darius Cheung, Sequoia India, Rakuten Capital, DBS, Danny Oei Wirianto, OLX Group

Carousell's latest funding round in April 2019 was reported to be $56 m. In total, Carousell has raised $182.8 m. Carousell's latest valuation is reported to be $850 m.

Carousell Funding Rounds

DateAmount RaisedPost-money ValuationInvestors
AngelMar 2013Quest Ventures
SeedSept 2013Rakuten Capital
SeedNov 2013$800 k500 Startups, Rakuten, Golden Gate Ventures, Darius Cheung, Danny Oei Wirianto
Series A-1Aug 2014Rakuten Capital
Series A-2Nov 2014$6 mSequoia Capital, 500 Startups, Rakuten, Golden Gate Ventures, Darius Cheung
Series B-1Feb 2016Rakuten Capital
Series B-2Aug 2016$35 mSequoia Capital, 500 Startups, Rakuten, Golden Gate Ventures
Series CMay 2018$85 m500 Startups, EDBI, Golden Gate Ventures, Rakuten Ventures, Sequoia India, DBS
UnattributedApr 2019$56 mOLX Group

Source: Business Insider - November 2019

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