Startup · $133m raised
Digital used car retailer
Sydney, NSW
Every investor coverage indicates participated in a round Carma raised.
| Investor | Rounds | Invested |
|---|---|---|
| Tiger Global | Venture debt · Series A · Seed | - |
| Terrace Tower Group | Series A | - |
| Regal Funds Management | Venture debt | - |
| General Catalyst | Venture debt · Series A | - |
| Five V Capital | Venture debt · Series A | - |
| Entrée Capital | Series A | - |
| Avenir Growth | Series A | - |
Companies Carma acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Lachlan MacGregor | CEO · Founder | Startup Daily (5 Nov 2025), Startup Daily (15 Oct 2025), Startup Daily (27 Mar 2025), SmartCompany, Startup Daily (12 May 2022) |
| Yosuke Hall | Chief Commercial Officer | Startup Daily |
Stories naming Carma. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Online used-car platform Carma slid on its ASX debut after a $70 million IPO; the piece recalls its earlier seed, Series A and convertible note raises and names its backers.
Sydney second-hand car marketplace Carma has secured a $30 million convertible note co-led by Regal Funds Management and Tiger Global, with General Catalyst and Five V also taking part, as it weighs an IPO.
LinkedIn's seventh annual ranking of Australia's top startups puts Immutable first and Harrison.ai second; the piece also notes me&u's recent merger with Mr Yum and the Tran brothers' three-year fundraising tally.
Also Startup Daily
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
Carma raised a Series A backed by General Catalyst, Tiger Global and others, following its 2021 seed round, to fund expansion, inventory growth and new reconditioning facilities.
Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily
Australian car-finance fintech Driva has raised A$6 million from existing investors led by Carthona Capital, with Invictus and seed angels also participating, to double staff and fund brand and product expansion.
Techboard's year-end roundup catalogues November funding activity: big raises for Rokt, Harrison.ai and Pet Circle, five acquisitions, Investible's second fund closing at $51.6m, plus a watchlist of companies still seeking capital.
Also SmartCompany·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Australian FinTech·Forbes Australia