
Carousell
Founded Year
2012Stage
Corporate Minority - IV | AliveTotal Raised
$445.8MLast Raised
$2.8M | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-113 points in the past 30 days
About Carousell
Carousell provides a community marketplace and classifieds platform. Its platform allows users to take photos of their pre-owned or new items, list them on Carousell, and then sell them. It permits users to buy and sell fashion, beauty products, headphones, computers, furniture, books, luxury goods, cars, bikes, houses, home services, and more. The company was founded in 2012 and is based in Singapore.
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Expert Collections containing Carousell
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Carousell is included in 3 Expert Collections, including E-Commerce.
E-Commerce
11,793 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,309 items
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Carousell News
Nov 1, 2025
Sign up now: Get ST's newsletters delivered to your inbox Meta is rolling out new features to protect Singaporeans against scammers. PHOTOS: META Summary WhatsApp now warns users sharing screens with unknown contacts, preventing scammers from viewing sensitive information like banking details. Messenger introduces scam detection that flags suspicious new chats, prompting users to report or block potential scammers. Meta is enhancing scam prevention following a Singaporean Government directive. AI generated Updated Nov 02, 2025, 05:00 AM SINGAPORE – Sharing your screen on a WhatsApp video call with an unknown contact will now trigger a warning. The new alert feature is meant to prevent scammers from using the shared screens to view victims’ banking, Singpass or e-mail credentials as they enter them on their phones. This is one of two new tools that Meta is rolling out on its platforms to protect Singaporeans from scammers. The other is scam detection for suspicious chats on Messenger. Meta will roll out the scam detection feature on Messenger across the world, including in Singapore. No timeline was given for the roll-out. Meta’s head of public policy for Singapore and Asean Clara Koh said the new measures are part of ongoing efforts against scams. Earlier in 2025, Meta was ordered by the Singapore Government to put in place measures by Sept 30 to stem scams on Facebook involving impersonation of government officials. It was the first such directive issued under the Online Criminal Harms Act. Meta is required to put in place enhanced facial recognition measures and prioritise review of end-user reports from Singapore on government official impersonation. A Meta spokesperson said the firm has facial recognition systems and trained human reviewers to detect fake accounts and ads that impersonate public figures. The tech giant will further expand these measures for selected political office-holders in Singapore, in addition to what it currently does. “We also rolled out advertiser verification, and will continue working with law enforcement and take legal action against the criminals behind these scams,” said the Meta spokesperson. The WhatsApp warning feature for screen-sharing is a response to a trend over the past year in which scammers impersonating government officials and banking or tech support staff ask victims to share their screen. Ms Koh said: “We are not stopping people from sharing their screens because there are very legitimate reasons for why you might want to do that, but we want to remind people that you should do it with only those you trust.” In Meta’s other new anti-scam tool, Messenger will notify users when a recently created chat with a new connection may contain signs of a scam. This detection feature requires users to turn it on. Some indications of a possible scam include an account that has been blocked or reported many times by other users. Users will be asked if they would like to send recently received messages for an artificial intelligence review. These messages would no longer be end-to-end encrypted. When the review is complete, and if a potential scam has been detected, users will see information about why the messages may be indicative of a scam. It will suggest actions to take, such as blocking or reporting the other user in the chat. According to Meta, an example of a potential scam message is the offer of a work-from-home job that pays $50 an hour, but $200 is first needed for a background check. The new feature will inform users that the message is a potential scam because it is offering a job in exchange for money, and promises fast returns. “When we know that someone is a bad actor, we would have already removed them from the platform. But sometimes, we don’t know for sure. This is when we show such warnings,” said Ms Koh. More on this topic In the first half of 2025, Meta removed more than 68,000 accounts on Facebook and 3,000 accounts on Instagram, for violating its policies against fraud, scam and deceptive practices – 74 per cent of these were removed proactively on Facebook, and 81 per cent were removed proactively on Instagram. Meta also banned more than 653,000 pieces of ad content for similar violations of its policies, out of which over 96 per cent were removed proactively. Scam prevention efforts by other tech companies include an online resource called Scam Prevention Edition by TikTok, where up-to-date resources and insights on scams can be found. E-commerce company Carousell also rolled out verification of risky sellers and advertisers against government-issued records to prevent scams. According to the latest figures released by the police in August, close to $500 million was lost to scams in the first half of 2025 , with almost 20,000 cases reported in Singapore. More on this topic
Carousell Frequently Asked Questions (FAQ)
When was Carousell founded?
Carousell was founded in 2012.
What is Carousell's latest funding round?
Carousell's latest funding round is Corporate Minority - IV.
How much did Carousell raise?
Carousell raised a total of $445.8M.
Who are the investors of Carousell?
Investors of Carousell include GoTo, Heliconia Capital Management, STIC Investments, NH Investment & Securities, Mirae Asset Financial Group and 14 more.
Who are Carousell's competitors?
Competitors of Carousell include PopChill, Wallapop, Rebag, Carsome, Letgo and 7 more.
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Compare Carousell to Competitors

Vinted serves as an online marketplace that focuses on second-hand fashion and lifestyle items within the e-commerce sector. The company enables individuals to buy and sell pre-owned clothing, accessories, and other lifestyle products, facilitating a sustainable cycle of fashion reuse. It was founded in 2008 and is based in Vilnius, Lithuania.

Rebag is an e-commerce company that specializes in the resale of luxury goods within the secondary market. The company offers a platform for buying and selling designer handbags, watches, jewelry, and accessories, providing upfront payment and a streamlined resale experience. Rebag primarily serves consumers interested in sustainable and affordable luxury ownership. Rebag was formerly known as Rebagg. It was founded in 2014 and is based in New York, New York.

GoTrendier is a platform that focuses on the resale of second-hand clothing and fashion items across various categories. The company provides an online marketplace where individuals can buy and sell pre-owned apparel for women, men, and children, as well as fashion accessories from popular brands. GoTrendier primarily serves the fashion-conscious consumers looking for designer brands and affordable clothing options. It was founded in 2016 and is based in Cuauhtemoc, Mexico.

OfferUp is a mobile commerce platform that facilitates local buying and selling of goods. The company provides a marketplace for users to list and purchase items ranging from electronics to vehicles and furniture. OfferUp primarily serves individual consumers looking to buy or sell secondhand items within their community. OfferUp was formerly known as iDeal Technologies. It was founded in 2011 and is based in Bellevue, Washington.

LePrix is a B2B platform focused on sourcing pre-owned luxury items within the wholesale sector. The company provides a marketplace for authenticated luxury goods, enabling businesses to connect with suppliers and auction houses. LePrix also offers enterprise-level solutions, including analytics and support, to help businesses manage their pre-owned luxury inventory. LePrix was formerly known as SnobSwap. It was founded in 2013 and is based in Arlington, Virginia.

Adevinta operates online classifieds platforms that focus on digital marketplaces across various sectors, including re-commerce, real estate, mobility, and job search services. The company facilitates transactions and connections within these domains, serving individuals and businesses looking for affordable and consumption options, as well as those in need of housing, vehicles, and employment opportunities. It was founded in 2018 and is based in Amsterdam, Netherlands.
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