Cárbula secures $100,000 in investment to expand its successful used vehicle marketplace into Mexico while continuing its impressive growth in Argentina.
Target Information
Cárbula, a promising startup, has significantly transformed the landscape of used vehicle sales in recent years. This marketplace simplifies the process of buying and selling used cars by providing a more transparent, convenient, and digital experience. Launched as a response to changing consumer behavior, Cárbula aims to facilitate transactions without the need for traditional methods that have proven increasingly irrelevant.
In 2020, amid the global pandemic, Cárbula adapted its operations, initially targeting the Chilean market before facing unexpected challenges that shifted its focus back to its home base in Mendoza. Despite the setbacks, Cárbula leveraged its agility and embraced digitalization to turn around a decline in sales, ultimately achieving substantial growth.
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Industry Overview
The used car market in Latin America has undergone notable changes, particularly with the rise of digital platforms that cater to evolving customer preferences. In Argentina, where Cárbula is headquartered, the shift towards online marketp
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Embarca
invested in
Cárbula
in 2020
in a Seed Stage deal
Disclosed details
Transaction Size: $0M