Karrot Market

Kenya
Kapsokwony, Bungoma County, Kenya

Company profile

Karrot Market company profile

Karrot is a hyperlocal community app which offers a secondhand marketplace. Karrot supports an eco-friendly lifestyle and local economy by promoting buying and selling secondhand goods locally. Since its launch in 2015, Karrot has become South Korea's largest second-hand marketplace and second-biggest e-commerce company. Karrot is currently available in select cities in four countries outside the home country, including the United Kingdom, Canada, the United States and Japan. As of March 2021, Karrot runs one of the largest and fastest growing consumer-to-consumer (C2C) mobile marketplace, receiving 15 million monthly unique visitors.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
251-500 employees
Revenue range
$1M-$10M
Founded
2015-07-15

Headquarters

Country code
KE
Continent
Africa

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
5
Total equity funding
$235M
Last funding
Series D / $162M / 2021-08-17
Last equity funding
Series D / $162M
Investors
9
Lead investors
4
Founders
5
Articles
21

Founders and investors

Founders

Changhun JeongGary KimJae-hyun KimPaul KimYong-hyun Kim

Lead investors

DST GlobalGoodwater CapitalKakao VenturesSBVA

Investors

Altos VenturesDST GlobalGoodwater CapitalSBVAStrong Ventures