# Carousell funding: rounds and investors > Carousell has raised $151M across 5 rounds since 2013. Investors include Golden Gate Ventures, 500 Global and Sequoia Capital. Every round with its source. Source: https://millionrounds.com/company/carousell (Millionrounds; every figure on the page links to its filing or article) Singapore · [Venture startup](https://millionrounds.com/companies) # 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. Internet Marketplaces Valuation: $1.1B, Mar 2026 Funding summary Updated 26 Oct 2026 **$151M** raised across 5 rounds since 2013, from 5 sources **$800K** Seed **$6.0M** Series A **$85M** Series C **$56M** Round **$2.8M** Venture - **Latest round:** Venture, $2.8M Sept 2023 - **Biggest round:** $85M Series 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. 2015 2017 2019 2021 2023 **$800K** Seed **$6.0M** Series A **$85M** Series C **$56M** Round **$2.8M** Venture - **First round:** Seed, $800K - **Biggest round:** $85M - **Usual gap between rounds:** 3.5 years ## The rounds - **Sept 2023** Venture **$2.8M** *1 new* *2 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Peak XV](https://millionrounds.com/fund/peak-xv) [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) Source recorded - **Apr 2019** Round **$56M** *1 new* [Naspers](https://millionrounds.com/fund/naspers) Reported by TechCrunch - **May 2018** Series C **$85M** *2 new* *3 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) DBS EDBI/ 500 Startups Reported by FinSMEs - **Nov 2014** Series A **$6.0M** *2 new* *3 returning* [500 Global](https://millionrounds.com/fund/500-startups) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Darius Cheung](https://millionrounds.com/fund/darius-cheung) From a historical funding record - **Nov 2013** Seed **$800K** *5 new* [500 Global](https://millionrounds.com/fund/500-startups) [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [Rakuten](https://millionrounds.com/fund/rakuten) [Darius Cheung](https://millionrounds.com/fund/darius-cheung) Danny Oei Wirianto 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. **Seed** 2013 **Series A** 2014 **Series C** 2018 **Round** 2019 **Venture** 2023 [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) [500 Global](https://millionrounds.com/fund/500-startups) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) [Darius Cheung](https://millionrounds.com/fund/darius-cheung) [Peak XV](https://millionrounds.com/fund/peak-xv) [Naspers](https://millionrounds.com/fund/naspers) [Rakuten](https://millionrounds.com/fund/rakuten) Danny Oei Wirianto DBS ## Everyone who backed them [Golden Gate Ventures](https://millionrounds.com/fund/golden-gate-ventures) VC firm **4** rounds [500 Global](https://millionrounds.com/fund/500-startups) Angel **3** rounds [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **2** rounds [Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC **2** rounds [Darius Cheung](https://millionrounds.com/fund/darius-cheung) Angel **2** rounds [Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **1** round [Naspers](https://millionrounds.com/fund/naspers) VC firm **1** round [Rakuten](https://millionrounds.com/fund/rakuten) Corporate VC **1** round Danny Oei Wirianto no record of our own yet **1** round DBS no record of our own yet **1** round EDBI/ 500 Startups no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=carousell). ## 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. [AppWorks](https://millionrounds.com/fund/appworks) Accelerator Per its own site [Quest Ventures](https://millionrounds.com/fund/quest-ventures) VC firm Per 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 In the same sector, and raised in the last eighteen months. [**Lyte** $190M · Sept 2026](https://millionrounds.com/company/lyte)[**Carro** $182M · Sept 2026](https://millionrounds.com/company/carro)[**Princeton Digital Group** $456M · May 2026](https://millionrounds.com/company/princeton-digital-group)[**RushOwl** $10M · Sept 2025](https://millionrounds.com/company/rushowl)[**Bluente** $1.5M · Aug 2025](https://millionrounds.com/company/bluente)[**Grab** $7.7B · Jun 2025](https://millionrounds.com/company/grab) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app