Singapore · Venture startup

Who invested in Carousell

5 rounds we have observed, with the 11 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

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Valuation: $1.1B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$151Mraised across 5 rounds since 2013, from 5 sources

$800KSeed$6.0MSeries A$85MSeries C$56MRound$2.8MVenture
Latest round
Venture, $2.8MSept 2023
Biggest round
$85MSeries C · May 2018
Investors
11
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20152017201920212023
$800KSeed$6.0MSeries A$85MSeries C$56MRound$2.8MVenture
First round
Seed, $800K
Nov 2013
Biggest round
$85M
Series C · May 2018
Usual gap between rounds
3.5 years
the median of 4

The rounds

  1. Sept 2023
    Venture$2.8M1 new2 returning

    Source recorded

  2. Apr 2019
    Round$56M1 new

    Reported by TechCrunch

  3. May 2018
    Series C$85M2 new3 returning

    Reported by FinSMEs

  4. Nov 2014
    Series A$6.0M2 new3 returning

    From a historical funding record

  5. Nov 2013
    Seed$800K5 new

    Reported by techcrunch.com

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Seed2013Series A2014Series C2018Round2019Venture2023Golden Gate Ventures500 GlobalSequoia CapitalRakuten CapitalDarius CheungPeak XVNaspersRakutenDanny Oei WiriantoDBS

Everyone who backed them

Golden Gate VenturesVC firm4rounds
500 GlobalAngel3rounds
Sequoia CapitalVC firm2rounds
Rakuten CapitalCorporate VC2rounds
Darius CheungAngel2rounds
Peak XVVC firm1round
NaspersVC firm1round
RakutenCorporate VC1round
Danny Oei Wiriantono record of our own yet1round
DBSno record of our own yet1round
EDBI/ 500 Startupsno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Carousell as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

AppWorksAcceleratorPer its own site
Quest VenturesVC firmPer its own site

Quick answers about Carousell

Who invested in Carousell?

Carousell's investors include Golden Gate Ventures, 500 Global, Sequoia Capital, Rakuten Capital and Darius Cheung, and 6 more on record.

How much has Carousell raised?

Carousell has raised $151M across 5 rounds since 2013.

When did Carousell last raise?

Carousell's most recent round was a Venture of $2.8M in Sept 2023.

What was Carousell's biggest round?

Carousell's largest round on record is $85M (Series C), in May 2018.

Who backed Carousell first?

Carousell's first round on record, in Nov 2013, was backed by 500 Global, Golden Gate Ventures and Rakuten and 2 others.

What stage is Carousell at?

Carousell's latest named round is a Venture, in Sept 2023.

Where is Carousell based?

Carousell is based in Singapore.

Companies like Carousell

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