Carousell logo
MarketplaceVC-backedSeries E
Singapore, Singapore · Founded 2012

Carousell

Buy and sell anything on Southeast Asia's marketplace.

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About Carousell

Singapore-headquartered C2C marketplace operating across 8 Asia-Pacific markets. Largest classifieds platform in SEA.

Pitch deck breakdown

How Carousell would pitch themselves.

○ Auto-generated
01

Target customer

Two-sided audience — buyers + suppliers connecting through Carousell's platform.

02

Problem they solve

Singapore-headquartered C2C marketplace operating across 8 Asia-Pacific markets. Largest classifieds platform in SEA. The category has historically been served by tools that miss the modern workflow this product is built around.

03

Key differentiator

Carousell differentiates on buy and sell anything on southeast asia's marketplace. Backed by STIC Investments + Naver, $640M+ raised — the company has resources + validation to compound this thesis. Founded by Quek Siu Rui + team.

04

Go-to-market strategy

Late-stage scale — global enterprise sales force, channel + reseller partnerships, vertical-specific go-to-market motions. Focus on land-and-expand within existing accounts + international expansion.

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Company facts

Category
Marketplace
Funding stage
Series E
Total raised
$640M+
Founded
2012
Team size
501-1000
HQ
Singapore
Country
Singapore
Website
carousell.com

Founders of Carousell

  • Quek Siu Rui
  • Lucas Ngoo
  • Marcus Tan

Investors backing Carousell

  • STIC Investments
  • Naver

Frequently asked questions

What does Carousell do?

Singapore-headquartered C2C marketplace operating across 8 Asia-Pacific markets. Largest classifieds platform in SEA.

Where is Carousell based?

Carousell is based in Singapore, Singapore.

When was Carousell founded?

Carousell was founded in 2012.

How much has Carousell raised?

Carousell has raised $640M+ in their Series E round.

Who founded Carousell?

Carousell was founded by Quek Siu Rui, Lucas Ngoo, Marcus Tan.

Who has invested in Carousell?

Carousell is backed by STIC Investments, Naver.

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