Startup · $133m raised
Digital used car retailer
Sydney, NSW
Every investor coverage indicates participated in a round Carma raised.
| Investor | Rounds | Invested |
|---|---|---|
| Avenir Growth | Series A | - |
| Entrée Capital | Series A | - |
| Five V Capital | Venture debt · Series A | - |
| General Catalyst | Venture debt · Series A | - |
| Regal Funds Management | Venture debt | - |
| Terrace Tower Group | Series A | - |
| Tiger Global | Venture debt · Series A · Seed | - |
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 |
|---|---|---|
| Jason Lenga | Director | Startup Daily |
| 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), Startup Daily (7 Dec 2021), TechCrunch Australia |
| Yosuke Hall | Chief Commercial Officer · Founder | Startup Daily, SmartCompany |
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 Australian FinTech
Weekly roundup reporting many startup funding rounds, Investible's fund close, Skalata's committed capital, hipages buying Builderscrack, Stack Sports acquiring Team App, and Level Equity's stake purchase in Eftsure.
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A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.
Also SmartCompany·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily
Australian online used car startup Carma emerged from stealth with a Tiger Global-backed seed round, funding its executive team, a Sydney facility, and expansion plans across New South Wales.
Also Startup Daily·SmartCompany·Startup Daily·Techboard·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily