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Subscribe To A Tesla? Carbar Raises $28.9M

Feb 14, 2022•over 3 years ago

Amount Raised

$28.9 Million

Description

Australian car subscription company Carbar has closed a $28.9 million funding round led by it majority owner IAG and new backer Seven West Media, as it bets on demand for Tesla and other electric cars, and a branding push, to accelerate its growth.

Company Information

Company

Carbar

About

Join the car subscription revolution. Carbar offers exclusive use of a car with insurance, rego, servicing & roadside assist for a fixed weekly fee.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech